In the seventh of eight articles investigating the detail of dividends and distributions, Croner-i tax and accounting writer David Duvall focuses on unlawful distributions and charity subsidiaries
Business owners affected by flooding should contact HMRC’s Business Payment Support Service (BPPS) for help with tax problems, while BEIS is offering help through business recovery grants
Big Four firm KPMG has signed an agreement with a specialist research, innovation and investment agency Axillium to support clients access research and development (R&D) grants
Croner-i tax writer Sarah Kay looks at cases of carousel fraud and what HMRC can do to clamp down on the issue of VAT evasion on goods, by either disallowing input tax recovery or enforcing the domestic reverse charge
In our weekly Q&A series from Croner Taxwise, tax consultant David Woolley explains the ins and outs of HMRC requirements when filing annual tax returns for a new limited liability partnership whose accounts straddle different tax years
In the sixth of eight articles looking at how to avoid the pitfalls of dividends and distributions, Croner-i tax and accounting writer David Duvall looks at the often complex relationship between parent and subsidiary companies
The OECD is consulting on its global anti-base erosion (GloBE) proposal which is designed to prevent multinationals from profit shifting, by developing rules which would effectively create a minimum tax rate worldwide
HMRC is trying to recover over half a billion pounds in questionable research and development (R&D) tax relief underpayments claimed by large UK businesses
Entrepreneurs’ relief (ER) should be fully available for properly structured multiple completion share buybacks, but until HMRC issues definitive guidance, advisers should look at alternatives, says Peter Rayney FCA, CTA (Fellow), TEP
HMRC has issued its first detailed guidance on the tax treatment of cryptoasset transactions specifically clarifying the rules for transactions at businesses and companies
MPs are calling for fundamental reform of the business rates system, which they describe as unfair and ‘broken’, and are urging a future government to examine alternatives as soon as possible
In this month’s tax updates, HMRC wins latest GAAR ruling, Ackroyd loses IR35 appeal, Starbucks success in Dutch tax case, HMRC threatens action over IR35, probate fees u-turn, Facebook’s UK tax under fire and Scotland mulls plastic cup tax
It could be a Halloween tax nightmare for some of the UK’s small businesses, who risk missing a trick by failing to hit the 31 October deadline for returning self assessment paper tax returns
