Understanding the impact of a Personal Liability Notice (PLN)
A Personal Liability Notice (PLN) from HM Revenue & Customs can have a significant impact on both a company and its directors. HMRC will issue a notice when a company…
VAT Fraud: What It Is, What The Penalties Are, And how to Report It
As a responsible business, ensuring accurate information is submitted to HMRC is crucial. Mistakes or intentional misrepresentation can trigger HMRC investigations, which understandably cause concern. While HMRC checks may create…
Can’t Pay PAYE?
If your business is suffering from PAYE arrears and can’t pay them, HMRC using really on the level of faith that they hold in your company in regards to its…
HMRC Preferential Status in Insolvencies
HMRC has become secondary preferential status due to a Government proposes, in the Finance Bill 2019/20. They are to rank after certain preferential employee claims but before the prescribed part…
6 Different Types of VAT Fraud Schemes
VAT fraud presents a substantial challenge within the UK’s taxation ecosystem, as a range of intricate schemes exploit vulnerabilities inherent to the Value Added Tax structure. These fraudulent activities not…
Does HMRC Debt Affect Credit Rating?
HMRC debt does not usually have an impact on your credit rating unless you are declared bankrupt. This is because HMRC is not a credit reference agency and they do…
HMRC Bounce Back Loan Investigation
HMRC Bounce Back Loan investigation refers to a process initiated by Her Majesty’s Revenue and Customs, the UK government’s tax and revenue collection agency, to examine potential cases of fraud…
Where are HMRC offices located in the UK?
It’s well known that it can be rather difficult to get into contact with HMRC; especially when trying to speak to to an individual department. They operate in multiple offices…
VAT: What is it and the rates for Value-Added Tax in 2025
In the dynamic world of running a business, your perspective on value-added tax (VAT) undergoes a transformation. VAT not only influences your company’s accounting and cash flow but also introduces…
HMRC Criminal Investigations
HMRC Criminal Investigations is responsible for investigating serious tax fraud and other financial crimes. Receiving an HMRC criminal investigation letter is a serious matter, indicating that you are under suspicion…