Switch to tax year basis to start in 2024
Unincorporated businesses will need to report their liabilities in line with the tax year.
Unincorporated businesses will need to report their liabilities in line with the tax year.
Lack of regulation leaves customers at risk and costs the taxpayer millions.
The consultation will look into merging the two R&D schemes.
HMRC urged to take action as outstanding tax debt totals £42 billion.
Some taxpayers are waiting for several hours to speak with an HMRC representative.