tax authorities

Small business bosses hit out at HMRC

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Rejecting valid submissions, delaying payments and reclaiming tax credits Government’s flagship program offers financial lifeline to many small businesses Scheme is key to government plans to make UK a ‘tech superpower’ by 2030 HM Revenue & Customs is under fire for clamping down on businesses by denying genuine claims for research and development tax breaks … Read more

Warning from HMRC: ‘Hidden tax’ on state pension hits 8.5 million pensioners, blow to pensioners: ‘Sunak is a liar!’

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The number of Britons over retirement age paying tax on their state pension has increased significantly in the past year, according to new figures published by HM Revenue and Customs (HMRC). Tax authority data shows that annual figures on the number of people paying income tax on their pension payments have risen by 660,000, from … Read more