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
Changes to the licensing rules for taxi drivers will add a requirement to check their tax compliance before issuing new licenses in a bid to tackle tax evasion from 2022
HMRC is reminding taxpayers to check that they have the correct information in order to complete their paper self assessment tax returns by the month end deadline
Holders of cryptoassets need to be aware of the tax implications, whether they are trading or mining. Thomas Cattee, head of white-collar crime, and Tim Crook, head of tax, at Gherson Solicitors examines the latest HMRC guidance
HMRC has revised the meaning of ‘entire interest’ for the purposes of the self-supply charge following the ruling in the Balhousie case at the Supreme Court, which could be a welcome clarification for charities
The Pandora Papers revealed that Conservative party co-chairman Ben Elliot jointly owned a secret offshore film financing company that indirectly benefited from more than £120,000 of UK tax credits
In this week’s Q&A, Croner Taxwise adviser David Lawson considers the capital gains tax liability under business asset disposal relief rules when a shareholding has been diluted and a business is sold
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from the deadline for notifying chargeability for income tax and capital gains tax to final claims for coronavirus job retention scheme
As the annual tax gap stays stubbornly around the 5% mark, Anthony Lampard, director at Andersen in the UK, examines the latest figures and asks whether HMRC can really close the gap
HMRC is urging working tax credit claimants to check if they need to update their working hours if these have reduced as a result of coronavirus as relaxed reporting rules end
The loan charge has caused much controversy since its introduction in the 2016 Budget and now is the last chance to apply for a refund or waiver under the disguised remuneration repayment scheme, says Chris Etherington, tax partner at RSM
In this week’s Q&A, Vivienne Scott, senior VAT consultant at Croner Taxwise, examines the VAT liability when looking at claims when products are sourced in the EU
As part of a range of measures to support businesses post-covid, the extended loss carry back rules provide a temporary tax break for businesses. Anna Walker, practice development manager at Onyx Accountants, explains
