As we head towards the 31st January deadline for self assessment, HMRC has updated its guidance on recognising genuine Revenue contact and phishing emails.
Criminals use phishing emails to obtain taxpayers' personal or financial information. HMRC stated that such emails often include a link to a bogus website, which encourages individuals to enter their personal details. The Revenue also warned that criminals are able to make scam emails and texts look very realistic.
During 2019, HMRC received 614,483 reports of suspicious communications from members of the public.
16/01/2020
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18/04/2024
MTD for ITSA
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that just five Making Tax Digital for income tax self assessment (MTD for ITSA) software products are ready for beta testing on 22 April.
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7.4m still struggling to pay bills
Around 7.4 million people in the UK struggled to pay a bill or a credit repayment in January, according to the Financial Conduct Authority (FCA).
Small firms ‘treading water’ on investment
The British Chambers of Commerce (BCC) has warned that UK small firms are ‘treading water’ on investment
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