New Era of UK Rentals with the HMRC Landlord Database: Renters’ Reform Bill
This article covers the Renters (Reform) Bill, introducing the HMRC Landlord Database. It mandates residential landlords to register, pay a fee, and obtain unique identifiers, enhancing transparency and tax enforcement.
UK Residents Named In Pandora Papers May Face Penalties Of Up To 200%
In this article, we will discuss HMRC's warning to individuals implicated in the Pandora Papers, emphasising the risk of severe penalties, including fines up to 200% of owed tax and potential prosecution. The article will also highlight HMRC's encouragement for...
HMRC Helpline Closure | A Challenge for Taxpayers
In this article, we delve into HM Revenue & Customs' three-month suspension of the self-assessment helpline, coinciding with reduced office staff in the summer. This decision has sparked concerns about the tax office's capacity to handle increasing demands, potentially affecting...