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
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
HMRC proposals to speed up capital gains tax (CGT) payments for residential property sales could cause cashflow and compliance issues for landlords, individuals and investors, warns Nimesh Shah, partner, Blick Rothenberg
The new tax year only began on 6 April, but individuals should start planning for it now to ensure they do not miss out on valuable allowances that could save them thousands on allowances and tax reliefs
While VAT is now at the forefront of HMRC plans for the rollout of Making Tax Digital (MTD), digital reporting will apply to all the main taxes in future and will impact all UK taxpayers. Ian Carpenter and John Forth, VAT partners at RSM, explain potential pitfalls and considerations for businesses and accountants
The Scottish Help to Buy scheme for first-time buyers and existing home owners is being extended for two years to 2021 with a further £100m investment, helping more people purchase a new-build home without raising a large deposit
The government has provided more details of proposals for a new beneficial ownership register of overseas companies that own UK property or participate in UK government procurement
The Advertising Standards Authority (ASA) has upheld HMRC’s complaint about advertising of a tax avoidance scheme by promoter CDP Tax & Wealth Ltd, which trades as Fiducia Wealth and Tax, ruling its adverts contain misleading claims, and must be withdrawn
As Chancellor Philip Hammond calls for the Office of Tax Simplification (OTS) to simplify the inheritance tax (IHT) regime, Sara White, editor of Accountancy, considers rising IHT payments and various IHT thresholds around the world
Some 100,000 Britons who own second homes in France potentially face a significant hike in council tax under reforms put forward by French president Emmanuel Macron which are designed to discourage short-term holiday rentals
HMRC is ramping up its counter avoidance activity with a mission to target wealthy taxpayers, tough requirement to correct rules and threats of more criminal action against taxpayers, warns Dawn Register, partner in BDO’s tax dispute resolution team
Mark Cawthron LLB CTA, specialist tax writer at Croner-i, examines the plans to tax non-resident investors in UK real estate with the extensions of non-resident capital gains tax liability to companies from April 2019
