The Chartered Institute of Taxation is a charity and the leading professional body in the UK concerned solely with all aspects of direct and indirect taxation
Sep 16, 2021 • 31 tweets • 7 min read
.@HMRCgovuk published the annual estimates of the Tax Gap today. We've been analysing them. Here's a thread with some of our observations.
HMRC's document is: gov.uk/government/sta… 1/x
The tax gap is the difference between the amount of tax that should, in theory, be paid to HMRC (aka the total theoretical liability), and what is actually collected. The difference is for a mix of reasons, including criminal activity such as evasion & taxpayer error. 2/x
May 11, 2020 • 15 tweets • 6 min read
Claiming under the Government's Self-Employment Income Support Scheme – a short thread of 10 top tips as claiming starts this week, based on what @HMRCgovuk have told us #SEISS 1/15
1) To see if u r eligible, use HMRC’s online eligibility checker- gov.uk/guidance/claim…. You’ll need yr Unique Taxpayer Reference (UTR) & yr NI Number handy 4 quick confirmation of yr eligibility & a date in which the service will be open specifically for u 2 make a claim 2/15
