Recovery across mid-size business clients contributed to a strong revenue increase of 11% at BDO to hit a record £731m after the pandemic affected performance last year
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from the deadline for PAYE electronic payments to filing corporation tax returns for accounting periods ended 31 December 2020
A tribunal has ruled against HMRC declaring that the taxpayer was entitled to SME research and development (R&D) tax relief totalling between £800,000 and £1.2m
The government has refused to undertake a further review of the loan charge situation, rejecting a clause to the Finance Bill allowing for a further enquiry into the loan charge following parliamentary debate
HRMC plans to close VAT and corporation tax phone lines for three days in December to allow staff to focus on areas of backlog from the Covid-19 pandemic
The Financial Reporting Council (FRC) reports that there is still room for improvement in the way stewardship reporting is explained, including conflicts of interest
The IFRS Foundation is consulting on plans to update the IFRS Taxonomy 2021 to reflect developments in the technology that underlies or relates to the taxonomy and tagging attributes
In this month’s VAT updates, Graham Elliott examines tribunal decisions in supply of sporting services, flat rate scheme for small business, and the margin scheme and second-hand cars in Northern Ireland
In this month’s legal updates, Sophie Brookes, partner at Gateley, examines multimillion pound fine for company breaking bribery rules, data breach waived at High Court and further guidance on National Security and Investment Act
Mid-tier accounting firm Azets has announced the acquisition of Garbutt + Elliott, a specialist accountancy firm with offices in York and Leeds, marking the group's first presence in Yorkshire
The Office of Tax Simplification (OTS) has been given the go-ahead to appoint two additional board directors as part of the government’s first review of its effectiveness
Large businesses are on the whole positive about their relationship with HMRC but warn that the level of service can be inconsistent and some advisers do not have the experience to deal with complex corporate tax queries
The government is to continue discussions with businesses into the implications of making ‘most supplies’ of land subject to VAT in order to simplify current legislation
The Treasury has rejected plans proposed by the Office of Tax Simplification (OTS) to overhaul inheritance tax but has made a few concessions on capital gains tax to simplify the complex rules
The government plans to ratchet up its activity against the most recalcitrant businesses and individuals who fail to pay tax bills giving HMRC more powers to act, particularly against ecommerce businesses with no tangible UK footprint
In our weekly Q&A, Croner Taxwise senior VAT consultant Vivienne Scott, examines the VAT compliance issues when running an ecommerce business selling apps
HMRC has confirmed that no decision has been taken on a date to introduce Making Tax Digital for Corporation Tax and it will not happen before 2026, but still pledged to granular, transaction reporting
HMRC launches call for evidence on changes to Stamp Duty Land Tax (SDLT) regime with the introduction a new apportionment method of calculating tax in mixed-property cases.
Following a consultation on research and development (R&D) reliefs, the government has set out plans to go ahead with a number of changes to criteria and the introduction of tough new anti-abuse measures
The International Accounting Standards Board (IASB) has published for public comment proposed changes in disclosure requirements to enhance the transparency of supplier finance arrangements and their effects on a company’s liabilities and cashflows
HMRC is giving taxpayers, who are yet to switch their Post Office accounts, a one-off extension until 5 April 2022 to set up alternative payment methods
HMRC issues a consultation on Income Tax Self-Assessment (ITSA) for the self-employed and landlords to reform how and when the self-employed and landlords register and start to interact with HMRC
The UK’s biggest listed companies generated £77.1bn in tax during the pandemic-hit 2020/21 financial year, while the average tax rate was 54% when employment taxes are factored in, finds PwC analysis
Greenpeace has criticised FTSE 100 and FTSE 250 companies that continue to reappoint auditors that fail to address climate risks in their financial reports