CIOT calls for fairer HMRC repayment interest rates
Late payment penalties are up to 17 times higher than repayment amounts.
Late payment penalties are up to 17 times higher than repayment amounts.
Airbnb and Booking.com hosts must report rental income to HMRC.
Falling fuel prices and the cost of eating out drove down inflation in January.
ONS figures show zero growth in the last quarter of 2022.
HMRC aims to provide clarity for businesses and consumers.