In our weekly Q&A series, Julian Payne, tax advisor at Croner Taxwise, considers the corporation tax liability and reliefs when a business makes a significant donation to charity

Ahead of the 2021 interim reporting season, a review by the Financial Reporting Council (FRC) has highlighted examples of good practice in company’s interim reporting and areas where further improvements are required such as balance sheet movements, particularly important during the pandemic

The Treasury is consulting on draft regulations that aim to give HMRC the power to take swifter action when tax avoidance scheme promoters fail to provide information on their avoidance schemes

Taxpayers have been getting organised with 950,000 already having completed their 2020/21 tax returns with 63,500 filing their self assessment on the first day of the tax year, HMRC has revealed