Voluntary disclosure can mitigate penalties for excessive R&D claims.
New HMRC scheme targets excessive R&D tax claims
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Business Regulation
HMRC clarifies BiK reporting requirements
New benefits-in-kind payroll rules starting April 2026.
Tougher penalties and ID checks for UK directors
Companies House strengthens compliance with new penalties.
Companies House sets date for identity verification changes
New director ID requirements will start in early 2025.
Tougher fines for Companies House registration failures
New penalties to tackle corporate abuse and increase transparency.
HMRC chases directors for unpaid taxes
225% rise in liability notices issued to company directors.
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