An unsuccessful expenses claim for pet food for a Shih Tzu “guard dog” has been included in HM Revenue & Customs’ (HMRC) annual list of “imaginative and questionable tax claims”.
According to new research by accounting software provider FreeAgent, one in five (22 per cent) UK employees plan to become their own boss during 2020.
New changes are set to come into force in April 2019 that will affect individuals and contracts that provide personal services through an intermediary for medium-sized and large businesses.
Open Banking legislation has done little to increase competition or reduce costs in the payments market, a major report has revealed.
In 2017/18 nearly 40,000 claims were made for Research and Development (R&D) tax credits in the UK, almost double the amount of the previous year.
With less than one month to go until the Self Assessment deadline, HM Revenue & Customs (HMRC) is reminding taxpayers of their legal responsibilities.
The National Minimum and Living Wage will increase from 01 April 2020, the Government has confirmed.
More than 3,000 Self Assessment returns were filed on Christmas day, HM Revenue & Customs (HMRC) has revealed.