Technology

Tax | Complex pricing of MTD software causes confusion

The complexity of pricing models for software for Making Tax Digital reporting is a headache for businesses, while many rely on their accountants for advice on purchasing decisions

2 Mar 2023

Tax

Making Tax Digital

HMRC

Technology

Tax | HMRC calls on accountants to trial agent group access

HMRC has extended the pilot to test out group access controls in the Agent Services Account (ASA) to larger accountancy firms

23 Feb 2023

Tax | Firms paid duplicate VAT charges due to CDS issue

HMRC has issued new guidance to businesses that may have overpaid VAT on declarations made at the end of last year due to a technical issue with the Customs Declaration Service (CDS)

13 Jan 2023

Tax | HMRC phone delays leave thousands waiting

Thousands of taxpayers have been left waiting as HMRC phone delays continue, despite many rushing to submit their tax returns ahead of 31 January deadline

6 Jan 2023

Tax | Record £50m in taxes paid via HMRC app

More than 50,000 taxpayers have used the HMRC app to make £50m in self assessment tax payments since February, HMRC has revealed

9 Dec 2022

Tax | IT maintenance closes MTD for VAT for four days

HMRC has confirmed that it is conducting a four-day IT maintenance programme which will mean that the Making Tax Digital for VAT services will not be available

23 Sep 2022

Tax | Capital gains tax for young investors hits £421m

The value of capital gains tax (CGT) paid by people under 35 has more than doubled in a year, from £192m in 2019/20 to £421m in 2020/21

20 Sep 2022

Tax

Personal tax

Technology

Tax | HMRC plans client permissions service for tax advisers

HMRC is trialling new functionality providing granular permissions for agent services accounts (ASA) to allow accountancy firms to control which staff have access to client tax accounts

14 Sep 2022

Tax

Business tax

Technology

Tax | Tips on migrating to cloud accounting software

Moving traditional tax software to the cloud improves productivity but forward planning and data control is critical, explains Russell Gammon, chief solutions officer at Tax Systems

30 Aug 2022

Tax | KPMG and Blue J launch AI tax tool

Big Four firm KPMG is partnering with Blue K to develop artificial intelligence (AI) tax analysis tools for the UK

16 Feb 2022

Tax | Budget 2021: £468m investment in HMRC IT systems

HMRC will be given a boost with a multimillion investment in IT systems as part of a major modernisation programme

27 Oct 2021

Tax | HMRC spends £250k training staff to be hackers

HMRC has spent £262,251 on cyber security training for its staff over the last two years, according to official figures

20 May 2021

Tax

HMRC

Technology

Tax | MPs slam HMRC’s out of date tech

MPs have criticised HMRC’s response to the Covid-19 crisis, claiming some groups of taxpayers have been unfairly excluded from support packages, while the department’s strategy for property and IT systems has been shown to be wanting

20 Jan 2021

Tax | Environmental tax breaks would drive green tech investment

Lower rates for entrepreneurs in green technology would help to inspire investment in the UK, creating jobs and export opportunities as part of the Green Recovery Plan, argues Blick Rothenberg’s David Hough

5 Jan 2021

Leadership & management

Tax | Tax updates 2020 part 2: business

In a round-up of the major business tax stories of the year, we look at non-coronavirus tax news, including SME R&D tax relief cap, IR35 reporting delay, Making Tax Digital (MTD) timetable for corporation tax, carbon emissions review and digital services tax

16 Dec 2020

Tax | Tax updates 2020 part 1: personal

In a round-up of the biggest personal tax stories of the year, we look at all the non-coronavirus news, including a potential wealth tax, CGT charges on second home sales, ‘deliberate’ errors, fall in IHT receipts, buy-to-let tax hikes and pension tax relief admin discrepancy

15 Dec 2020