Tax compliance

Tax / VAT refunds to overseas shoppers to go post-Brexit

The Treasury has signalled the government will end VAT refunds on purchases made by overseas visitors on 31 December, when the UK leaves the EU, despite claims from the travel and luxury goods sector that this will harm tourism

Tax / Call for joined up tax reporting deadline extensions

In the wake of the pandemic, businesses have been given extensions for tax filing and company reporting, but there is still confusion between HMRC and Companies House deadlines. Crowe’s corporate tax partner Laurence Field calls for a more joined up approach

Tax / £15bn NHS VAT refund scheme shake up

A new £15bn VAT refund scheme for NHS and central government could simplify recovery for the public sector, but there could be hidden impacts for contractors, say RSM’s Carolyn Brown and Scott Harwood

Tax / Q&A: class 1 NIC bill from HMRC

In our regular Q&A series from Croner Taxwise, Vanessa Matthews advises how much could be recoverable from an under deducted Class 1 National Insurance Contributions (NICs) bill from HMRC

Tax / Aberdeen bottom of league for NMW compliance

The Scottish oil city of Aberdeen tops the list of places where HMRC conducted the greatest number of investigations into the underpayment of the national minimum wage (NMW) last year, according to Pinsent Masons

Tax / VAT-registered businesses urged to prepare for Brexit trading changes

HMRC has written to all VAT-registered businesses in Great Britain trading with the EU and/or the rest of the world, highlighting what they need to do to prepare for the UK’s exit from the EU at the end of this year

Tax / Q&A: main residence capital gains tax

In our regular Q&A series from Croner Taxwise, trainee tax adviser, Alexander McCarthy explains whether a taxpayer can claim their old marital home is still their main residence for capital gains tax (CGT) purposes when it is sold

Tax / Two arrested on suspicion of £70,000 furlough fraud

An accountant and a company director from east London have been arrested on suspicion of £70,000 furlough fraud following an HMRC investigation

Tax / What does the future hold for payroll after the Covid-19 pandemic?

National Payroll Week this year is an opportunity to recognise the unique challenges faced by all payroll professionals in the form of the Coronavirus Job Retention Scheme (CJRS), explored by Joanne Harris, technical commercial manager at Parasol

Tax / Amazon pays £293m tax on £13bn sales

Amazon paid £293m in tax in the UK in 2019, while its sales rose 26% to £13.73bn, up from £10.9bn the previous year, fuelling concerns about the taxation of digital companies

Tax / IR35 delay leads to blanket ban U-turn

The delay to the private sector IR35 roll-out has encouraged more employers to ‘get it right this time around’, with staffing companies reporting that over a third of hirers (35%) were making a U-turn on non-PSC decisions

Tax / Preferential creditor change creates headache for rescue remedies

As HMRC regains its position at the front of the creditor queue, Ashford’s Katie Farmer and Amy Gallimore explain the impact on corporate insolvencies, including CVA challenges and cash flow crises

Tax / Expansion of zero-rated VAT for charity digital advertising

HMRC has issued a brief on VAT and digital advertising by charities, which confirms VAT is no longer considered due on the majority of internet search browsing advertisements

Tax / SDLT cuts: benefits for couples and buy-to-let

The coronavirus stamp duty holiday for property buyers could give potential savings to married couples, civil partners and buy-to-let landlords, say RSM’s George Bull and Chris Etherington

Tax / Case: accountant’s failures ‘not a reasonable excuse’

A taxpayer who argued it was his accountant’s fault he incurred late filing penalties has lost his appeal at a tribunal, which said it was his responsibility to check the necessary paperwork had been submitted by the deadline
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