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VAT investigations on the rise, are you prepared?

VAT investigations are on the rise. According to reports, HMRC raised an extra 32% in tax as a result of VAT investigations last year, much of this stemming from small and medium sized businesses.

RTI still leaves room for payroll errors

Despite the recent introduction of Real Time Information (RTI) for PAYE, HMRC has confirmed that around 5.5 million people paid the wrong amount of tax in the 2013/14 tax year.