HMRC has confirmed that cryptocurrencies like Bitcoin are not commodities or money, and therefore will not be exempt from the Digital Services Tax (DST)
HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 December 2021, increasing mileage rates by between 1p and 2p per mile for all petrol and diesel vehicles, while the electric car rate also increases
The Court has ruled in favour of HMRC that the interest paid by a UK property investment company under short-term loans was subject to £2.7m withholding tax
Changes to research and development (R&D) tax credits are due to come into effect in 2023. AAT’s Annie Makoff examines the impact and talks to accountants about potential pitfalls
The Low Incomes Tax Reform Group (LITRG) is warning taxpayers never to share their Government Gateway username and password details with companies that offer to make tax relief claims on their behalf
In this week’s Q&A, Croner Taxwise tax adviser Suzanne Rowland, considers the tax implications for claiming reliefs when subcontracting research and development (R&D) work
Recently released data from HMRC shows that between April and October 2021 HMRC collected a total of £392bn in taxes which is £99.8bn higher than the same period in 2020
HMRC is warning businesses to submit research and development (R&D) claims as soon as possible to avoid a delay in receiving payments between December and January
HMRC has issued guidance on what action to take if a taxpayer has been sent a notice stating that they may be jointly and severally liable for the relevant tax liability of a company that has been involved in tax avoidance or evasion
Converting a business from sole trader status to incorporated company has some tax advantages, but it is important to consider the interplay of capital gains tax rules, explains Stephanie Webber, tax writer at Croner-i
The UK and its network of overseas territories and crown dependencies has been named responsible for 39.2% of all tax losses suffered by countries around the world, costing countries over $189bn (£140bn) in lost tax every year
Royal Dutch Shell is to move its tax residence, hold its board and executive committee meetings, and locate its chief executive and chief financial officer to the UK
According to official HMRC data published earlier this month, the amount of tax underpaid by cryptocurrency investors has tripled from £142,000 last year to £428,000
In this month's exclusive Accountancy Daily CPD module, find out how to establish the differences between a partnership and a limited liability partnership (LLP), how LLP profits are taxed and why there is a need for an anti-avoidance rule
