- Proposals for reporting income from Self Employment for the new Universal Credit
Under proposals by the government for Universal Credit, self-employed people will have additional administrative burdens if they are reporting for tax credits including having to report monthly figures within seven days of the month end.
- HMRC launches new crackdown on tax dodgers
HMRC launches more taskforces to find traders who are evading tax in the motor trade, pubs & nightclubs, restaurants, markets, taxi firms and property rentals.
- If you receive an email that says you are due a tax rebate from HMRC, it will be a fraudulent email.
HMRC never sends emails that says you are due a tax rebate. They will also never ask you to disclose personal or payment information by email.
- Potential large Capital Gains Tax issues from selling Olympic torches on eBay
Potential Capital Gains Tax due on the sale of Olympic torches, even if the proceeds are given to charity.