The annual P11D submissions for benefits in kind and expenses will be affected by certain Covid-19 measures. Michael Hepburn, senior manager – employment tax at BDO, explains the key issues to consider
The Association of Taxation Technicians (ATT) is urging HMRC to take tougher action to combat ‘rogue’ advisers who inappropriately seek to maximise research and development (R&D) claims
HMRC has confirmed the information required for companies that have missed the Coronavirus Job Retention Scheme and still want to make claims until the scheme ends on 30 September 2021
As the UK workforce prepares for a return to office life after more than a year of working from home, global mobility is proving to be a hot topic. Jane O’Berg, director of global mobility at Johnston Carmichael, explains
HMRC has confirmed that it will continue to treat penalties on a risk based approach rather than automatically issuing penalties as was standard practice before the pandemic
The keys to Building 1, Atlantic Square in Glasgow’s International Financial Services District have been handed over to HMRC as part of the government’s move towards regional hubs
Director’s loans can provide a useful mechanism, in the right circumstances, to release funds to shareholders, perhaps before dividends are due and sometimes in a more tax efficient way than drawing a salary out of a company. John McCaffery, tax partner and head of tax at Alexander & Co Chartered Accountants explains
The House of Lords has criticised the creeping extension of HMRC powers at a debate on the second reading of Finance Bill 2021, which is not receiving proper parliamentary scrutiny
A total of 519,120 VAT returns were filed late by businesses last year, up 13% from 459,190 the previous year, leaving many SMEs exposed to interest and penalties on their outstanding bills, warns UHY Hacker Young
With G7 countries setting out provisional plans for a 15% global corporate tax rate, George Bull, tax consultant at RSM, considers the potential shortfalls and challenges of taking a global approach
Meg Wilson, tax writer at Croner-I, examines when HMRC can use discovery assessments, particularly in light of last month’s Supreme Court decision in R & C Commrs v Tooth [2021] BTC 15. It also highlights issues concerning discovery assessments that still require clarity
In our regular Q&A series, Croner Taxwise adviser Vanessa Matthews, explains the penalty regime relating to the late submission of P11D forms for employee expenses and benefits
The HMRC website has been hit by a major server failure by global cloud computing services provider Fastly, which has now affected a large number of websites, although the site came back online after more than an hour
The celebration behind the historic G7 global tax deal may not be completely justified, as there are a number of unanswered questions and ‘black holes’, says tax and advisory firm Blick Rothenberg
