HMRC and AI is already changing tax compliance
HMRC recently announced that its use of digital analytics and AI helped recover or protect around £10 billion in tax during the last financial year.
HMRC recently announced that its use of digital analytics and AI helped recover or protect around £10 billion in tax during the last financial year.
Could the way you pay HMRC soon become just as important as paying on time?
Most people assume that once they've appointed an accountant, responsibility for preparing an accurate tax return passes to them.
Most people assume tax residence disputes revolve around complex planning structures or aggressive tax strategies.
For many internationally mobile individuals, the abolition of the remittance basis and introduction of the Foreign Income and Gains (FIG) regime initially sounded relatively attractive.
After almost a decade in the courts, HMRC has again lost its employment status case against football referees engaged by PGMOL.
Wilkins Southworth won the argument when HMRC penalised a client for inaccuracies in a filing by their previous accountant.
Many landlords assumed the conversation around hybrid LLP structures had run its course following HMRC’s original Spotlight 63.
For most people, a tax refund is straightforward: an overpayment is corrected, a missed expense is claimed, and the money comes back.
HMRC’s focus on small businesses is shifting again, and this time, it’s not about what you earn, but how money moves between you and your company.