Public interest business protection tax is designed to act as a deterrent for large companies looking to monetise valuable assets that may cause energy supply companies to fail. Christy Wilson, associate at Katten Muchin Rosenman UK LLP, explains
The court has overturned a previous ruling concluding that as the taxpayer offered no case for the entirety of their £143,000 tax appeal then it must be all withdrawn and all seven appeals dismissed
Families in the UK have made nearly 32,000 reclaims for overpaid inheritance tax in the past six years, figures obtained by financial advisers NFU Mutual reveal
The GAAR advisory panel has ruled that a scheme involving the creation and sale of pension obligations to settle a director’s loan breaks the tax rules
A taxpayer has been allowed his late appeal against a discovery assessment of £22,896.60 ruling that the late appeal was justified as the case involved fraud, Covid-19, and working on offshore oil rigs
The Treasury loses around £10bn every year due to insecure work and the proliferation of zero-hour contracts and low paid self employment, claims the TUC
The Joint Chiefs of Global Tax Enforcement (J5) has released an intelligence bulletin, warning banks, law enforcement personnel and private citizens of some of the dangers when dealing with non-fungible tokens (NFTs)
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from deadline for Forms P46(Car), P60 payroll reporting to employees, and confirmation statements showing benefits that have had tax collected through payroll in 2021-22
A House of Lords Committee has heavily criticised the government’s approach to IR35 stating that they are promoting a system that is ‘uncompetitive, complex, burdensome, and unfair’
The Court of Appeal has failed to make a definitive ruling over a disputed IR35 claim over £124,000 of tax from presenter Kaye Adams and has sent it back to a lower tribunal to make the final judgment
