Tax planning

Tax / Lords suspect IR35 manipulation

Members of the House of Lords are not buying into IR35 confusion as ‘suddenly they did not understand it when more tax is being collected’

Tax / Q&A: electric company cars

In our regular Q&A series from Croner Taxwise, payroll adviser, Samantha O'Sullivan explores the tax benefits of providing low emission/electric vehicles as company cars

Tax / Budget 2020: tax-free childcare extended

The Budget has included a new measure to boost take-up of the tax-free childcare (TFC) scheme, by making it accessible to parents who use before and after school care

Tax / Contractors charged £180 for IR35 assessment

Some recruitment agencies are passing on the costs of IR35 assessments to contractors even though liability for the decision will legally remain with the original engager

Tax / Budget 2020: extra powers for HMRC to combat tax avoidance promoters

The government will ramp up its campaign against promoters and marketers of tax avoidance schemes by taking swifter action and charging 100% penalties on the fees they earn, reports Zak Jakubowski

Tax / Budget 2020: pensions tapered annual allowance raised

Chancellor Rishi Sunak has used the Budget to take action on concerns raised about the impact of the pension tax regime on senior NHS medical staff, announcing plans to significantly reduce the number affected by the tapered annual allowance, which is to increase by £90,000

Tax / Budget 2020: R&D expenditure credit increased to 13%

The Budget sets out plans to raise the rate of research & development expenditure credit (RDEC) for large businesses with a 1% increase in the claimable rate

Tax / eBay rejects UK plan for digital services tax

Global online marketplace eBay is calling for an international approach to digital taxation rather than countries adopting unilateral policies like the UK digital services tax

Tax / IT contractor loses £75k IR35 appeal

HMRC has won a First Tier Tribunal (FTT) against an IT contractor who contested almost £75,000 in taxes and national insurance contributions (NICs) due under off-payroll rules

Tax / Q&A: tax and pension drawdown after spouse's death

In our regular Q&A series from Croner Taxwise, tax consultant, David Woolley explains the inheritance tax and income tax considerations when claiming a deceased spouse's pension

Tax / Wealth series: investing a work bonus to mitigate tax – part 4

When year-end bonuses hit six figure sums, tax planning is absolutely integral to ensuring that the wealth is not frittered away and the individual's tax position is protected. Emma Watson, head of financial planning at Rathbone Investment Management, explains

Tax / Call for Chancellor to reform tax policy approach

A group of tax experts is calling on the Chancellor to take a more considered approach to making tax policy in line with international practice and reduce the compliance burden

Tax / Directors' loans and tax liability - CPD module - NEW

This month's exclusive Accountancy Daily CPD module focuses on the tax treatment of close company loans to directors and shareholders

Tax / Q&A: excluded income and dividends

In our regular Q&A series from Croner Taxwise, tax adviser, Ghulam Mustafa assess the income tax liability of a non-resident who receives UK dividends from their investments

Tax / VAT updates: March 2020

In this month’s VAT updates, Graham Elliott considers charity construction relief in Marlow Rowing Club, HMRC’s reaction to the News Corp decision and the supply of medics in Archus Trading Ltd