More than 184,000 low-earners crippled by HMRC fines – HMRC handed out fines for over 180,000 low-earners for not filing their self-assessment returns on time, despite many not even making enough to pay tax
AI adoption could see £31bn boost to UK economy – The UK economy could receive a £31bn boost from the adoption of generative AI, with some sectors seeing more of an impact than others, according to research by KPMG
HMRC expands use of COP9 #tax investigations – ‘refreshed Code of Practice is part of wider push to re-establish COP9 as HMRC’s primary civil investigation tool in tackling tax fraud. It has been developed in consultation with agents
Deadline for extra National Insurance payments extended by two years – Taxpayers will now have an extra two years to make additional payments to their National Insurance (NI) contributions to increase state pension entitlements
HMRC takes dangerous stance against taxpayer in bankruptcy filings – The pursuit of rugby star Lawrence Dallaglio by HMRC over unpaid taxes has thrown back into the spotlight the controversial methods deployed by the state
Capital Accountants was established in 1993. We are a firm of financial accountants based in North West London although we serve clients from all around the UK and as far places as Germany, USA and the Middle East.