In our regular Q&A series from Croner Taxwise, Alexander McCarthy explains when a claimed capital allowance is allowable in the event that a hire purchase agreement on a car has not been paid off
Yvette Nunn CTA asks whether the government’s efforts to change behaviour by putting taxes on everything from plastic bags to diesel vehicles, not to mention the apprenticeship levy on businesses, are an effective way of altering taxpayers’ mindsets
Mazars USA has been issued with a court subpoena requiring the firm to supply details of Donald Trump’s personal and business tax returns covering an eight year period, in the latest stage in a lengthy legal battle to obtain information about the president’s tax affairs
A jailed airport car park boss must repay almost £300,000 deducted from employees under PAYE but never paid to HMRC, or face another three years behind bars, a court has ordered
The government has published details of amendments to new rules on the taxation of hybrid capital instruments, which are designed to ensure they work as intended for instruments with a takeover or change of control clause
Big Four accounting firm PwC has reported record fee income of £4.23bn as partners are set to receive a partner payout of £765,000 and group profitability breaks the billion pound barrier
The filing deadline for private companies with a December year end and public companies with a March year end is 30 September. Michelle Roberts ACA, senior technical writer, audit & accounting, at Croner-I provides essential advice on how to file FRS 102 year-end accounts to avoid unwanted penalties
Small business taxpayers feel that HMRC does not understand their needs and are worried that any mistakes will be perceived as intentional and result in penalties
The European Commission has launched in-depth investigations into dozens of multinationals which had negotiated special tax deals with Belgian authorities to slash their tax bills
Leading business groups and insolvency experts have written to the Chancellor to warn that plans to prioritise repayments to HMRC over repayments to other creditors in insolvencies ‘will have serious consequences for the UK economy’
HMRC has admitted to an error in its information about applying the tour operators margin scheme (TOMS), and has now published a correction and details of how businesses who have paid too much VAT from 1 March 2019 can correct the overpayment
As part of the global rebranding of accounting network Moore Stephens, Kingston Smith is to rebrand as Moore Kingston Smith, adopting the network name for the first time
If partial automation has not yet arrived in the accounts payable department of your organisation, it will not be long before it does, says Magali Michel, director at Yooz
HMRC has released details of data sharing arrangements with local authorities where it is trialling self assessment and tax data exchange to clamp down on council tax debt
There is to be a major overhaul of the way the charity accounting rules under the Charity SORP framework are developed with a new, smaller SORP committee, following a highly critical government review
The French government is claiming a ‘historic’ victory in a long running tax battle with Google, after reaching a €945m (£845m) settlement with the tech giant over tax fraud allegations
Beer drinkers have something to celebrate this weekend when national chain Wetherspoons is cutting the price of a pint in the build up to its proposed UK-wide National Tax Equality Day
In this week’s accountancy career moves, hires and promotions at Shaw Gibbs, Kreston, Dellitte and Grant Thornton, and partner appointments at MHA MacIntyre Hudson and Crowe, and top young accountant named at ICAS awards
There are changes afoot in the accountancy training world, as ICAEW is revising its ACA qualification to focus more on emerging technology, and Deloitte becomes the first Big Four firm to offer graduate training contract programmes for solicitors
