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Business tax

Tax receipts increased by 4.8% in 2018/19

Almost £623 billion was collected last year.

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Tax gap rises to £35 billion

‘Failure to take reasonable care’ is the biggest factor in unpaid tax.

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HMRC error affects payments on account

Taxpayers could receive much larger bill in January 2020.

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June PAYE payment deadline falls on a weekend

Payments for June 2019 may need to be made sooner.

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HMRC issues new VAT reverse charge guidance

Domestic reverse charge to take effect from 1 October.

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