Business & Accountancy Daily

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Finance | Rise in savers withdrawing pension funds without advice

The introduction of pension freedoms has seen an escalation in savers entering into pension drawdown arrangements without professional advice, raising concerns that they risk running out of money to fund their retirement, the Financial Conduct Authority (FCA) has warned

25 Sep 2019

24 Sep 2019

Tax | HMRC loses sight of argument in Koolmove case

In this First Tier Tribunal case, the appellant Koolmove Ltd appealed against the denial by HMRC of amounts of input VAT claimed for pre-incorporation legal services. Aleem Islan, technical consultation manager at AAT, examines the ruling and the reasons for HMRC’s loss of the case

Tax | Tax consultations: October 2019

This month’s HMRC and Treasury consultations focus on disclosure of certain cross-border arrangements that could be used to avoid or evade tax, and amendments to new provisions extending taxation of gains accruing to non-UK residents to include disposals of interests in non-residential UK property

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