Tax compliance

Tax / Quantum employment forcing tax and pay admin shift

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

Tax / Self assessment ‘time to pay’ threshold raised to £30,000

HMRC has made it easier for self assessment taxpayers to pay the tax they owe incrementally on a monthly basis, by extending the threshold for ‘time to pay’ applications, as part of efforts to ease financial stresses cause by the pandemic

Tax / Year-end tax planning for companies - CPD module – NEW

This month's exclusive Accountancy Daily CPD module focuses on how to carry out an effective pre-year end review of the company’s tax affairs

Tax / VAT updates: October 2020

In this month’s round up of VAT cases, Graham Elliott considers compensation payments, charity advertising, legal fees and whether a houseboat is a building

Tax / Northern Ireland Trade Support Service goes live

The government is urging businesses to sign up to the new free-to-use Trader Support Service with fewer than 100 days until end of Transition period

Tax / Airbnb pays additional £1.8m UK tax

Airbnb UK paid an additional £1.8m in tax last year, following an HMRC investigation into the company’s UK tax arrangements

Tax / EU travel business VAT scheme fuels Brexit uncertainty

With the 31 December Brexit leaving date fast approaching, UK travel operators facing a complex and uncertainty future under the TOMS scheme, including the possibility of registering in all 27 remaining EU states says Sovos Accordance’s Alex Smith

Tax / Q&A: VAT implications of a successful hobby

In our regular Q&A series, Croner Taxwise explores the VAT implications for income earned relating to a hobby, for example prize money, participation fees and sponsorship

Tax / Victory for Vodafone in Indian tax dispute

Vodafone has won a long-running tax case in India over some £2.4bn of tax imposed by the authorities there following the telecom giant’s acquisition of a local operator over a decade ago

Tax / Loan charge tax deadline in six days, warns LITRG

The Low Incomes Tax Reform Group (LITRG) is warning people that they have until Wednesday (30) to meet their loan charge reporting and payment obligations

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
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