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Amendments to HMRC's civil information powers

Industry response,
Contact:
andrea jeffries,
Last updated:
07 October 2020

The BSA and UKF present arguments against HMRC's plans to replace the current process of applying to the independent first tier tribunal to serve notice under schedule 36 of the Finance Act 2008.  HMRC wishes to introduce a Financial Information Notice which has few of the sa...

Making tax digital for corporation tax

Industry response,
Contact:
andrea jeffries,
Last updated:
05 March 2021

Making tax digital is one of the most significant changes to the tax system since the introduction of self-assessment more than 20 years ago.  MTD for VAT was mandated for most VAT registered businesses with a taxable turnover above a £85,000 threshold from 1 April 2019. We ...