Employment tax

Tax | Court ruled £195k as taxable income

The Court has dismissed the appeal from a taxpayer against an amendment from HMRC to his tax return that marked £195,400, which was obtained through a tax avoidance scheme, as taxable income

29 Nov 2021

Tax

Employment tax

Case reports

Tax | HRMC collected £100bn more in tax

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

19 Nov 2021

Tax | CPD module: LLPs and salaried members

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

5 Nov 2021

Tax

Business tax

Employment tax

Tax | Q&A: tax and directors' pension contributions

In our regular Q&A series, Croner Taxwise apprentice tax adviser Ria Dhillon considers the tax implications when a company decides to boost the pension contributions for directors

26 Oct 2021

Tax | Lords to carry out off-payroll IR35 rules follow-up inquiry

The House of Lords Finance Bill Sub-Committee has launched a second inquiry into the implementation of the off-payroll rules in the private sector to find out how these rules are working in practice

25 Oct 2021

Tax

Employment tax

Tax compliance

Tax | HMRC sees £700m rise in inheritance tax take

In this month’s tax receipts, inheritance tax (IHT) has increased by £700m with HMRC collecting a total of £3.1bn in six months compared with £2.4bn for the same period last year

21 Oct 2021

Tax | PwC sells global mobility tax business

Private investment firm Clayton, Dubilier & Rice has acquired the global mobility tax services business of professional services firm PwC

20 Oct 2021

Tax | Accounting and legal sectors pay £20.5bn in taxes

The UK accounting and legal sectors contributed £20.5bn in tax in 2020, up 5.4% from 2018, according to the latest report from TheCityUK

18 Oct 2021

Tax

Business tax

Employment tax

Tax | HMRC extends beta trial for agent access to client data

HMRC has extended the trial of a pre-release version extension of its PAYE for the agent’s online service which allows agents to see employer liabilities and payments

14 Oct 2021

Tax | Small firms spend £25bn a year on tax admin

The Making Tax Digital initiative, which the government states should be ‘making it easier for individuals and businesses to get their tax right’ has significantly increased costs and admin burdens for small firms

14 Oct 2021

Tax | HMRC warning on risk of tax avoidance via umbrella companies

HMRC has updated its guidance for companies using temporary labour to reduce the risk of using an umbrella company that uses tax avoidance schemes

12 Oct 2021

Tax

Employment tax

Tax compliance

Tax | HMRC to probe ‘Pandora Papers’

Chancellor Rishi Sunak has announced that HMRC will examine the 12m documents in the ‘Pandora Papers' for evidence of tax avoidance in the UK

4 Oct 2021

Tax | Income tax for internationally mobile employees - special arrangements - part 2

Martin Jackson, employment tax writer at Croner-i, gives an overview of the special tax arrangements that employers may enter into with HMRC, to help reduce compliance issues when dealing with internationally mobile employees

22 Sep 2021

Tax | Tax take increases £84.7bn as pandemic recedes

Between April and August 2021 HMRC collected £280.4bn worth of tax which is £84.7bn more than this period last year as the economy began to recover post pandemic

21 Sep 2021

Tax | Professional referees lose £584k in IR35 case

The court has ruled in favour of HMRC finding that the lower courts had ‘erred’ in their judgment allowing HMRC to pursue £584,000 in back taxes in the PGMOL IR35 case

20 Sep 2021