The Pensions Research Accountants Group (PRAG) has published guidance on how pension scheme accounts need to account for their equalisation liabilities for guaranteed minimum pensions (GMPs) following the Lloyds judgment on pension equality

Despite HMRC’s campaign to target underpayments of tax due on rental properties, less than 3% of estimated eligible landlords have used the let property disclosure facility, according to data from Saffery Champness, which is warning that property taxation is likely to see a greater focus as landlords come under scrutiny over their tax compliance

The Department for Business, Energy and Industrial Strategy (BEIS) has published a leaflet for SMEs, outlining changes that may affect the business when the UK leaves the EU, with advice on actions to take and sources of support

Steven Jones, tax adviser at Croner Taxwise, considers whether or not a HMRC notice of enquiry can be cancelled if it is sent to an individual’s old address and previous tax adviser

A taxpayer seeking to reclaim around £2,300 under the DIY house-builders scheme for fitting electric blinds to an eco-building has had his claim denied at a First Tier Tribunal (FTT), on the grounds that these were not items which are ordinarily incorporated into buildings of this kind

PwC has paid $335m (£253m) to settle claims brought by the Federal Deposit Insurance Corporation (FDIC) relating to professional negligence in the US firm’s auditing of the Colonial Bank, which collapsed in 2009 with an estimated $3bn loss to the deposit insurance fund