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Image for vat and private tuition what you need know

Tax | VAT and private tuition: what you need to know

Understanding the nuances of VAT liability on charges for private tuition lessons is far from straightforward. Tim Palmer CTA ATT explains

27 Apr 2022

Tax

VAT

Tax Compliance

Image for government fraud taskforce launched

Business | Government fraud taskforce launched

A public sector fraud taskforce that features an ‘elite team of experts’ has been launched by the Chancellor

27 Apr 2022

Business

Law & Guidance

Image for beis too reliant banks tackle covid fraud

Business | BEIS ‘too reliant’ on banks to tackle covid fraud

MPs have criticised the Department for Business, Energy and Industrial Strategy (BEIS) for ‘relying too heavily’ on banks to pursue and recover fraudulently obtained bounce back loans

27 Apr 2022

Business

Companies

Image for kaye adams sees ir35 case sent back lower tribunal decision

Tax | Kaye Adams sees IR35 case sent back to lower tribunal for decision

The Court of Appeal has failed to make a definitive ruling over a disputed IR35 claim over £124,000 of tax from presenter Kaye Adams and has sent it back to a lower tribunal to make the final judgment

27 Apr 2022

Tax

Personal Tax

Case Reports

Tax | 1m trusts fail to register with HMRC

Official data reveals that only 153,241 trust registrations have been received since HMRC’s Trustee Registration Service began in June 2017

27 Apr 2022

Tax

HMRC

Business

Image for customs duty paid jumps record ps48bn

Business | Customs duty paid jumps to record £4.8bn

UK businesses and consumers have paid 62% more in customs duties on goods imported to the UK over the last year reaching a record £4.8bn

27 Apr 2022

Business

Companies

Image for frc changes publication policy audit enforcement

Finance | FRC changes publication policy on audit enforcement

The Financial Reporting Council (FRC) has made changes to its publication policies for the Audit Enforcement Procedure (AEP) and the Accountancy and Actuarial Schemes

27 Apr 2022

Auditing

Corporate Governance

Image for miller partnership merges jerroms accountancy firm

Business | Miller Partnership merges with Jerroms accountancy firm

The Miller Partnership has merged with specialist tax advisory business firm Jerroms, based in Solihull

27 Apr 2022

Business

Accountancy Firms

Careers

Leadership & Management

Image for treasury launches climate transition plan taskforce

Business | Treasury launches climate transition plan taskforce

The Treasury has launched the UK Transition Plan Taskforce (TPT) to ‘develop the gold standard’ for climate transition plans for UK companies

27 Apr 2022

Business

Companies

Image for company directorships corporate criminal risks part 3

Finance | Company directorships: corporate criminal risks - part 3

In the third of a three-part series, Simon Fawell, Paul Brehony and Kate Gee at Signature Litigation LLP focus on the steeply heightened risks directors face from tough corporate criminal liability rules

26 Apr 2022

Finance

Financial Reporting

Law and Regulation

Image for presenter hawksbee loses ps143k ir35 case

Tax | Presenter Hawksbee loses £143k IR35 case

The court has dismissed an appeal from radio presenter Paul Hawksbee against tax assessments totalling £143,000 in long-disputed IR35 case

26 Apr 2022

Tax

Personal Tax

Case Reports

Image for oecd needs simplify guidance 15 global tax rate

Tax | OECD needs to simplify guidance on 15% global tax rate

In an online consultation meeting, speakers called on the OECD to focus on providing more detailed guidance on plans for the rollout of the pillar two base rate of 15% corporate tax

26 Apr 2022

Tax

Business Tax

International Tax

Image for national insurance takings hit ps157bn record

Tax | National insurance takings hit £157bn record

The revenue from National Insurance Contributions (NICs) has hit £157bn, the highest amount on record

26 Apr 2022

Tax | Q&A: enterprise investment scheme (EIS) deferral relief

In this week’s Q&A, Croner Taxwise apprentice tax advisor Ria Dillon considers whether gains from business asset disposal relief (BADR) can be invested in an enterprise investment scheme (EIS) tax free

26 Apr 2022

Tax

Business Tax

Tax Planning

Image for accountancy groups launch net zero plan

Business | Accountancy groups launch net zero plan

Accountancy bodies have set up a Net Zero Accountancy initiative platform which gives firms guidance and tools to help them become net zero

26 Apr 2022

Business

Accountancy Firms

Image for hmrc review de minimis tax threshold trusts

Tax | HMRC to review de minimis tax threshold for trusts

HMRC is consulting on plans to review the current £100 de minimis amount for tax exemption for trusts and estates

26 Apr 2022

Tax

Consultations

Image for 21 million annual tax credits packs be issued

Tax | 2.1 million annual tax credits packs to be issued

As the renewal period for tax credits approaches at the end of July, HMRC is sending 2.1m tax credits customers an annual renewal pack

26 Apr 2022

Tax

Personal Tax

HMRC

Tax | Tax, wills and foreign assets

When it comes to tax, writing wills to take into account portfolios of assets held across multiple jurisdictions, requires careful tax planning. Francesca Sassoli, senior associate at Cripps Pemberton Greenish, explains

25 Apr 2022

Tax

Personal Tax

Tax Planning

Image for pension fraudsters jailed after ps13m scam

Finance | Pension fraudsters jailed after £13m scam

Two pension trustees have been jailed after they scammed 245 people out of £13m through fraudulent pension investment schemes

25 Apr 2022

Business

Pensions

Called to Account

Image for half smes predict zero growth year

Business | Half of SMEs predict zero growth this year

Over half of UK SMEs predict that they will see no growth over the next 12 months due to rising costs and the supply chain disruption

25 Apr 2022

Business

Companies

Image for azets signs partnership bibby financial services

Business | Azets signs partnership with Bibby Financial Services

Azets has partnered with Bibby Financial Services (BFS) to provide whole-turnover invoice finance facilities and boost funding for SMEs

25 Apr 2022

Business

Companies

Accountancy Firms

Image for labour plans reform non dom tax status

Tax | Labour plans to reform non-dom tax status

Shadow Chancellor Rachel Reeves has announced that if Labour comes to power it will change the current non-dom rules to close loopholes to create a ‘modern’ non-domicile system

25 Apr 2022

Tax

Business Tax

Image for boardrooms must do more eradicate modern slavery

Finance | Boardrooms must do more to eradicate modern slavery

Reporting on the risks of modern slavery by listed companies is fragmented, lacks a clear focus and narrative, and often contains boilerplate language

25 Apr 2022

Finance

Financial Reporting

Navigate

Tax Services

Latest news

Tax | VAT and private tuition: what you need to know

Business | Government fraud taskforce launched

Business | BEIS ‘too reliant’ on banks to tackle covid fraud

Tax | Kaye Adams sees IR35 case sent back to lower tribunal for decision

Tax | 1m trusts fail to register with HMRC

Business | Customs duty paid jumps to record £4.8bn

Finance | FRC changes publication policy on audit enforcement

Business | Miller Partnership merges with Jerroms accountancy firm

Business | Treasury launches climate transition plan taskforce

Finance | Company directorships: corporate criminal risks - part 3

Tax | Presenter Hawksbee loses £143k IR35 case

Tax | OECD needs to simplify guidance on 15% global tax rate

Tax | National insurance takings hit £157bn record

Tax | Q&A: enterprise investment scheme (EIS) deferral relief

Business | Accountancy groups launch net zero plan

Tax | HMRC to review de minimis tax threshold for trusts

Tax | 2.1 million annual tax credits packs to be issued

Tax | Tax, wills and foreign assets

Finance | Pension fraudsters jailed after £13m scam

Business | Half of SMEs predict zero growth this year

Business | Azets signs partnership with Bibby Financial Services

Tax | Labour plans to reform non-dom tax status

Finance | Boardrooms must do more to eradicate modern slavery