Two accountants have lost an appeal at the Upper Tribunal against a First Tier Tribunal (FTT) decision over a dividend replacement scheme to generate tax-free income
Oil giant Shell will pay $2bn (£1.7bn) in windfall taxes in the UK and EU this quarter as the government’s energy profits levy on excess profits kicks in
In this week’s accountancy career moves, partner appointments at RSM, Evelyn Partners, UHY Hacker Young, Gerald Edelman, and manager promotions at PKF Smith Cooper
Thousands of taxpayers have been left waiting as HMRC phone delays continue, despite many rushing to submit their tax returns ahead of 31 January deadline
Offering salary sacrifice schemes to employees can reduce tax liability and National Insurance costs for employers, explains Suzanne Gallagher, head of UK payroll, Employment Hero
It is important to report gains on cryptoassets, such as Ethereum, Bitcoin and non-fungible tokens (NFTs), on tax returns as they are subject to income tax and capital gains tax (CGT)
Wealthy families are being targeted by HMRC for unpaid inheritance tax after the tax authority clawed back a record £326m through investigations last year
Spiralling costs and recent tax changes are forcing buy to let landlords to review their property portfolios but there are tax planning tips to consider, explains Philip Spencer, senior technical writer at Croner-i
HMRC is reminding 5.7 million taxpayers to file their self assessment returns before the 31 January deadline, or they will face automatic £100 penalties
Following the discovery of extensive use of till fraud to avoid VAT payments, HMRC has confirmed that the disclosure period for abuse of tills will close six weeks later than planned
A change to penalties for VAT returns that are submitted late and VAT which is paid late came into effect from 1 January for VAT accounting periods starting on or after 1 January 2023