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Business tax

Tax receipts increased by 4.8% in 2018/19

Almost £623 billion was collected last year.

Tax gap rises to £35 billion

‘Failure to take reasonable care’ is the biggest factor in unpaid tax.

HMRC error affects payments on account

Taxpayers could receive much larger bill in January 2020.

June PAYE payment deadline falls on a weekend

Payments for June 2019 may need to be made sooner.

HMRC issues new VAT reverse charge guidance

Domestic reverse charge to take effect from 1 October.

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