Stephen Relf CTA FCA, tax writer at Croner-i, looks at the implications for businesses of buying, using and selling cryptoassets with a particular focus on tax compliance
The Home Office has received a tax bill of £33m after a review of the department’s IR35 compliance procedure by HRMC determined that it had been ‘careless’ in its implementation of the tax reforms
Low earners in Scotland could benefit from the introduction of a minimum income guarantee (MIG) to give stability to low earners by ensuring that a certain level of income is earned
HMRC is reminding parents and carers they have until 31 August 2021 to confirm whether their teenagers are staying in full-time education or training beyond 16
Accountancy firm MHA Moore and Smalley is rolling-out Juggl Desks, a cloud-based desk management solution to enable a safe return to the workplace for its partners and staff
The decision to go into pre-pack administration can be the best way to save an ailing business but there are new rules to consider, warns Paul Reeves, managing director, restructuring advisory at Kroll
Big Four firm KPMG UK is launching a tax practice in London to support US expatriates in the UK and across Europe as the potential for US tax reform accelerates
The Court dismissed the appellant’s claim for multiple dwellings relief (MDR) leaving the home owner with a £141,750 bill for stamp duty land tax (SDLT)
EY has acquired technology consultancy Seaton Partners Limited, a UK-based consulting firm specialising in Microsoft Dynamics 365 business applications, including finance and supply chain management, HR and Power Platform
Creditors’ voluntary liquidations (CVLs) are 70% higher than the figures reported in July 2020 whilst corporate insolvencies fell once again by 9.3% from June to July 2021
The most recent figures show that taxpayers saved £30m in inheritance tax (IHT) through gifting last year with many taking advantage of the £3,000 annual gift allowance
Plans to introduce a global minimum corporate tax rate will have repercussions for users of tax treaties, warns León Fernando Del Canto, an expert in international tax and head of Del Canto Chambers
Information technology consulting company Cognizant has been awarded two contracts collectively worth £150m, from HMRC, to support its digital application development
New research has revealed that Scottish taxpayers have paid £900m more in income tax over the last three years for a net benefit of just £170m under the Scottish National Party’s (SNP) tax changes
The UK government has announced that it has cut the cost of the NHS Test and Trace PCR test for international arrivals and has launched a review to private testing providers
Official data published showed that almost a third of energy companies operating in the North Sea was paid millions in ‘negative tax’ by HRMC in the 2019-20 tax year
HMRC tax investigations are targeting football clubs, players and their agents for millions in underpaid tax, particularly from lucrative transfers and image rights