Fraudsters are currently using emails and text messages to target individuals by promising them a tax rebate. HMRC has warned that many of the messages contain links to websites that steal personal information and individuals should not reply, click on any links or download any attachments.
HMRC is currently processing tax refunds for tax returns covering the 2017/18 tax year. If a genuine refund is due, a letter showing your tax calculation and details on how to get your refund will be sent by post between the months of June and October.
HMRC has asked for a record 20,750 websites to be taken down over the past 12 months. This was a 29% increase on the previous year. It says it has brought in technology to tackle cyber-crime but warned the public to be aware and report phishing attempts to phishing@hmrc.gsi.gov.ik and questionable texts to 60599
11/07/2018
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19/09/2018
Making Tax Digital for VAT
Are you ready? According to latest research from the ICAEW over 40% of businesses that will be affected by Making Tax Digital for VAT from April 2019 are not yet aware of the changes.
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20/08/2018
Tax Planning for Residential Landlords
We are starting to see the impact of the restriction of tax relief for interest paid by residential property investors that are being phased in over three years which started 6 April 2017.
31/07/2018
Longer Term Tenancies Consultation
Tax incentives for landlords who offer longer term tenancies are part of the government’s proposals being considered to help tenants put down roots and give landlords longer-term financial security.
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