Business news
HMRC raises late payment interest rates
Interest on tax debt rises to 7.5%.
CIOT: Clearer guidance needed on cryptoassets
Professional bodies propose recommendations to HMRC.
Thousands fined despite not owing tax
Low earners account for 40% of late-filing penalties.
ICAS: UK needs tax incentives to drive net zero targets
Tax leaders call for sustainability reporting standards.
HMRC accused of ‘poor complaint handling’
Poor service levels drive customer complaints.
Tax gap hits £36bn in 2021/22
Small businesses responsible for half the tax gap.
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