Consultants in the medical sector first to receive HMRC letters about undeclared income
Consultants in the medical sector can expect to receive a letter from HMRC to clarify whether they have accurately declared their income.
Consultants in the medical sector can expect to receive a letter from HMRC to clarify whether they have accurately declared their income.
With a noticeable chill in the air and leaves turning darker, many businesses look to the winter months and begin to plan their Christmas party.
Doing payroll can be quite a tricky process for employers. With so many factors going into the process, it can be easy to make an error.
Evolving compliance requirements mean the goalposts for payroll compliance are regularly moving and the risk of financial penalties is increasing.
A quiet but significant shift has taken place in how pensioners are taxed. In the 2021/22 tax year, only 494,000 pensioners paid income tax at 40 per cent or above.
HMRC has issued more than 65,000 warning letters to cryptocurrency investors over the past year amid concerns that some may have underpaid tax.