Tax / Q&A: VAT and healthy staff perks

In our regular Q&A series from Croner Taxwise, VAT advice consultant, Sally Atkins, looks at the VAT implications of paying for staff gym memberships and subsidised healthy meals 

Tax / Chancellor promises lenient penalties for IR35

The Chancellor, Rishi Sunak has reassured contractors that HMRC will not be ‘heavy handed’ on penalties during the first year of IR35 implementation

Tax / HMRC targets ultra-rich £700bn assets

HMRC has set up a specialist team to probe the tax affairs of ultra-high net worth individuals, as it extends efforts to crackdown on possible tax avoidance by some of the UK’s wealthiest families

Tax / MTD threat to farmers, warns CLA

The Country Land and Business Association (CLA) is calling for an overhaul of the tax system for rural businesses particularly in light of Making Tax Digital for income tax plans

Tax / Financial support for flood-hit areas released

The government has made thousands of pounds available to areas affected by storms Dennis and Ciara with over 100 flood warnings still in place

Tax / Q&A: CGT and gifts

In our regular Q&A series from Croner Taxwise, tax adviser, Ibrahim Nalla explores the implications of capital gains tax on gift giving after compliance changes which will apply from April 2020

Tax / Confusion over tax-free childcare hits usage

Take up of the government’s tax-free childcare (TFC) scheme, intended to replace childcare vouchers, has been hampered by a lack of understanding about who is eligible and the financial benefits

Tax / Government fails to monitor £155bn doled out in tax reliefs

Tax reliefs introduced to support government economic and social objectives now cost £155bn a year, but the HMRC and the Treasury are failing to monitor and evaluate the spiralling costs, and need to make substantial progress in improving how these are managed

Tax / HMRC trials online CGT payment system for 30-day change

The payment window for capital gains tax (CGT) on the sale of second homes and buy-to-let residential properties is being cut to 30 days

Tax / HMRC information notices: resistance is futile?

A dispute between a taxpayer and HMRC over the format of tax data provided for an information notice for disclosure under schedule 36 of Finance Act 2008 could only be resolved at a tax tribunal. Neil Tipping, senior tax consultant at Croner Taxwise, examines the issues

Tax / 300+ protest IR35 outside parliament

Hundreds of campaigners demonstrated outside parliament earlier today to protest the off-payroll working rules which will increase tax for private sector contractors from April

Tax / Creative tax reliefs support 1917 Oscars success

As World War I epic 1917 bagged three Oscars, sweeping the board in the crafts categories, HMRC revealed the film is one of thousands to have benefited from tax breaks for the creative sector

Tax / Small business investigations yield £1.2bn in unpaid tax

HMRC raises £16 for every £1 it spends on staff carrying out investigations into the tax affairs of individuals and small businesses, according to analysis by Pinsent Masons

Tax / Naming and shaming rules for NMW breaches overhauled

The threshold for being named and shamed for flouting national minimum wage (NMW) rules has been raised to £500, while salary sacrifice schemes will no longer be taken into account

Tax / Nine companies face HMRC investigations over tax evasion

HMRC is ramping up the use of its corporate criminal offences (CCO) powers, with nine businesses curently under investigation for failing to stop the facilitation of tax evasion