A multimillionaire lost an appeal over use of a historic tax avoidance scheme, while his claim high income child benefit charge interfered with the ‘enjoyment of his money’ was rejected
The UK has made more changes to zero emission vehicle rules for automotive sector after president Trump slapped all car makers with blanket 25% tariffs
Top 10 firm Forvis Mazars reported record revenue of £362.4m for FY24, up 8.3% in its first year as the merged group, driven by audit growth, while partner earnings surged
The government is banning civil service away days and offsite training, while purchases of branded merchandise will be stopped in crackdown on unnecessary spending
Following the sale of some Midlands office of Haines Watts to a private equity backed group, the Leicester HW office has stressed that it is still part of the group and was not affected by recent regional divestments
What’s going up for the new 2025-26 tax year from hike in employer NI to higher HMRC interest rates, end of FHL tax breaks, double cab pick-ups and non dom overhaul
Employers will be hit with a 1.2% increase in Class 1 national insurance contributions (NICs) from 6 April, raising cost of hiring a single employee by up to £900 a year
A Catholic charity is being wound up after trustees wrongly claimed over £80,000 in Gift Aid tax relief and did not know about gold bullion stored with ‘unknown third parties’
The government’s defence at the High Court argued that SEND children receive the same standard of education in state schools but damning evidence from the National Audit Office shows otherwise
An ICAEW accountant who ran his own practice with 50 staff has been jailed after spending £1.7m on luxury holidays and flash cars that should have gone to HMRC
The Real Madrid football manager Carlo Ancelotti is in court in Madrid defending claims by Spanish tax authorities that he failed to pay €1m (£834,275) in tax on his image rights
In this week’s career moves, partner promotions and hires at Gerald Edelman, Armstrong Watson, Jerroms, RSM, Cooper Parry, Wilson Wright, PKF Francis Clark, Switalskis Solicitors, Reconomy
A group of family-run fashion businesses based in London has lost an appeal after HMRC found they were running a missing trader scheme and making fraudulent claims for VAT refunds
Andrew Thurston, customs duty & indirect tax consultant at MHA, explains the ins and outs of the new US tariff regime, including exemptions and place of origin rules