The tribunal ruling in Tanglewood Care Services over six-figure R&D tax relief dispute failed as ‘no valid R&D work completed’, says Hugh Wragg, R&D compliance manager at randd
Six in 10 millionaires consider leaving UK due to high taxes with fears of another exodus of high earners following talk of the departure of billionaire Chris Rokos
Vape shops, manufacturers, and importers must prepare for incoming vaping liquid duty and stamp scheme before end of month or face civil or criminal sanctions
Upper Tribunal rules for HMRC in tax dispute with Isle of Man based property developer over interpretation of UK-IoM double tax treaty, with potential £1bn of corporation tax at stake as lead appeal
Treasury calls in ‘business rates guru’ announcing turnover-based valuation method for pubs and hotels, as industry criticises ‘continued piecemeal approach’
In this week’s Q&A, Alexander McCarthy, tax adviser at Croner VIP Tax Team, explains the capital allowance rules on plant and machinery for a container business
HMRC steps up efforts to recover outstanding tax debt, increasing number of winding up petitions while planning to recruit over 2,000 debt management officers
Plans for new criminal offence of giving reckless untrue statements or declarations to HMRC by taxpayers, and publication of personal liability notices (PLN) breaches, signal major shift in tax compliance landscape, warns Adam Craggs, head of the tax and investigations team at RPC
Stephanie Levin, partner at Blick Rothenberg, explains the proposed rules and potential pitfalls for close companies and owner managed businesses as HMRC ramps up scrutiny of directors’ loans