In the latest anti-avoidance campaign, HMRC’s wealth team has sent letters to taxpayers whose business asset disposal relief (BADR) claims exceed lifetime limit
The amount of tax collected from unpaid inheritance tax (IHT) is soaring but the scale of return from HMRC investigations means it could be even higher
As artificial intelligence (AI) will be implemented into most aspects of our working lives, ACCA has created an ethical AI course to support the financial services sector
In this week’s accountancy career moves, partner promotions and hires at KPMG, Blick Rothenberg, Mazuma, Forvis Mazars, Alvarez & Marsal, DSW Capital, PCAOB, CIMA
A fraudster who stole thousands of pounds from a group of elderly people he had befriended at a Northampton community centre has been jailed for 18 months
The end of capital gains tax loophole for private equity investors, a rise in overseas buyer stamp duty and more funding for HMRC all feature in the Labour manifesto
Angela Bedi, senior technical writer at Croner-i explains the practical implications to consider as schools and parents prepare for the new school year
The owner of a Hornchurch property has lost an appeal over a demand for £70,500 in higher rate stamp duty, claiming HMRC did not consider the 'human element'
At the manifesto launch in Cardiff, Plaid Cymru called for an extension of tax powers to allow Wales to set its own tax bands and thresholds, and reform of the Barnett funding formula
As ICAEW increases the minimum levels of cover for professional indemnity insurance (PII) for accountancy firms, Jon Filer, managing director of Brunel PI Brokers considers the cost implications
Private equity backed accountancy group Sumer is moving into the legal sector, creating an internal law practice focused on providing legal services for SME clients
The Green Party calls for a wealth tax on millionaires kicking in at 1% on assets above £10m and extension of national insurance on all earnings for higher rate taxpayers
Most people selling their homes rely on Private Residence Relief (PRR) to avoid capital gains tax (CGT) but with increases to this on the horizon some may end up with higher tax bills when they move, says Chris Etherington
Due to a spate of acquisitions, listed provider of cannabinoid-based medicines, Ananda Developments, will not rotate statutory audit partner in usual time limit
An 85-year-old businessman has won his appeal against a £120,000 discovery assessment over an incorrect tax return and a £55,000 penalty for deliberate inaccuracy