HMRC

Tax / Online marketplaces to sign agreement tackling VAT fraud

HMRC wants all online marketplaces operating in the UK to sign an agreement to ensure their sellers understand the tax rules and to help tackle online VAT fraud and errors taking place on their platforms, with estimates suggesting a tax loss of between £1bn and £1.5bn in 2016 to 2017

Tax / Tax data: CGT data, HMRC rates of interest - May 2018

Download the HMRC CGT indexation allowance for December 2017 onwards, RPI Index for March 2018 and HMRC rates of interest, and the current stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more

Tax / Committee questions HMRC’s willingness to investigate companies

The Treasury committee has addressed claims that HMRC refused to investigate Lycamobile as part of a French tax investigation which suspected the company of money laundering and tax fraud, with the committee questioning the tax authority’s willingness to investigate economic crime

Tax / Increased tax bill on termination payments hits employers and employees

The tax and national insurance contribution (NIC) treatment of termination payments has always been an area which employers have struggled to deal with correctly, and over recent years HMRC has looked to simplify the rules, but the latest changes have made the process even more complicated, says Lee Knight is employer solutions director at RSM

Tax / HMRC Connect and tax investigations: what you need to know

HMRC Connect is a vast analytical tool creating links and patterns across millions of megabytes of data to identify recalcitrant taxpayers and close the tax gap. Rob Munro delves into the detail

Tax / Nunn: extending tax relief on training costs

Yvette Nunn, director of Berkeley Associates, discusses the current HMRC consultation on whether tax relief on work-related training costs should be extended to the self-employed as the same service is being offered

Tax / HMRC warning on sugar tax registration deadline

HMRC is reminding soft drinks businesses that they have only a few days left to meet the 30 April 2018 registration deadline for the soft drinks industry levy (SDIL) or ‘sugar tax’

Tax / Communication failure behind dissatisfaction with HMRC responses

Dissatisfaction with the time taken by HMRC to resolve queries is driven partly by the taxpayer’s own experiences of customer service and by the department’s levels of communication, while there is a widespread view that the department is not bound by the same requirements as its uses, analysis has found

Tax / Complex disputes driving up tax tribunal backlog

The number of outstanding tax disputes waiting to be heard by the UK tribunals has continued to rise, as the high profile crackdown on tax avoidance by HMRC continues

Tax / Taxpayer rights under Human Rights Act explained

HMRC has issued factsheet CC/FS9 on the individual rights of taxpayers who are facing penalties for non-compliance with tax rules, focusing on article 6 of the European Convention on Human Rights

Tax / Accountants face increased HMRC demands for client information

HMRC requests to accountants and other advisers for confidential information on clients it wants to investigate for suspected tax crimes has hit a new high, with over 1,500 production orders issues last year, according to professional services firm RPC

Tax / The Christa Ackroyd case and the IR35 lottery

Peter Rayney FCA CTA thinks BBC presenter Christa Ackroyd had rough justice in her recent IR35 case, Christa Ackroyd Media Limited v HMRC [2018] TC06334], over disputed income tax and NIC liabilities through her personal services company

Tax / HMRC clarifies process for paying unpaid tax for deceased landlords

HMRC has updated its Let Property Campaign Service, which allows landlords to disclose and settle any unpaid tax bills, to include information on how to make a disclosure on behalf of someone who has died

Tax / Late tax form returners risk daily charges

Anyone who has yet to submit their 2016/17 self-assessment tax return form is being urged to do so before the end of this month to avoid daily penalties of £10 accruing

Tax / HMRC passes 10m robot transactions total

HMRC has announced what it is calling a major milestone in its modernisation programme, having now processed 10m transactions using robots since 2015, a development which the department says has improved efficiency and customer experience
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