In his November spending review, Chancellor Rishi Sunak has emphasised the UK currently faces an ‘economic emergency’, and revealed the economy is set to contract by 11.3%, the largest fall in over 300 years
The government is introducing legislation making four changes to the Construction Industry Scheme (CIS) rules in a bid to tackle abuse and strengthen HMRC’s powers to act, which are set to impact contractors, of whom around 250,000 are registered for the CIS
To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis
In our regular Q&A series, Croner Taxwise tax adviser, Amaira Badat, explores the tax implications of leaving a gift to an employee before passing away, could it be deemed as a voluntary receipt?
With up to £124 a year available as tax relief, it is perhaps not surprising that some 54,800 working from home tax relief claims were made through HMRC’s new online portal in the first 11 days of operation, writes Philip Smith
Over 50,000 taxpayers have used a new online portal to claim tax relief for working at home during the pandemic in the first ten days of its operation, HMRC has revealed
It's only one week until the end of the 90 day period (Tuesday 20 October) for individuals and businesses to disclose incorrect furlough claims to HMRC, or risk HMRC probe
The rise of the self-employed ‘quantum worker’, who takes on multiple assignments, demands a change in how businesses manage their payroll and tax management, says John Whelan, CEO of My Digital
To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis
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
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
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
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
HMRC has warned that using remuneration trusts to replace income with loans and other forms of credit as a way of paying company directors is a form of tax avoidance
