A tribunal has dismissed the appeal of a UPS driver who used Apostle Accounting to make ‘excessive and unallowable’ expenses claims, but his actions were ‘careless not deliberate’
With the abolition of non dom status, the brand new foreign income and gains (FIG) regime is in force and the old domicile concept has gone. Laura Burrows, CTA, senior technical writer at Croner-i explains how FIG works, and tax issues for qualifying new residents and transition measures
Employment rights minister indicates there will be a roadmap for employment law overhaul and introduction of first day rights, not an immediate rollout of all measures
The owners of Chelsea Yacht & Boat Company based at Cheyne Pier have lost an appeal over entrepreneurs’ relief for more than £880,000 each, but £360,000 penalty overturned
Companies falling under Pillar 2 tax rules with December 2024 year ends must register online with HMRC before the end of this month, even global groups with the smallest UK presence
Two senior directors at the centre of under-reporting of Metro Bank’s risk weighted assets, breaching Listing Rules, have had their fines reduced by a third at appeal
The Business & Trade Committee has opened an inquiry focusing on the concerns and key issues for small businesses, warning their voice is not being heard
Sophie Brookes and Debbie Shaw examine High Court ruling on legal status of WhatsApp message in Jaevee Homes, director liability at Stacks Living and possible ‘chink of light’ for passive investors in Standard Chartered strike out appeal
Reports of alleged fraud within the circle of contractors at HS2 circulated last month and now the high-speed rail company has reported a contractor to HMRC
The IFRS Foundation has released a set of practical e-learning modules on the new sustainability standards, S1 and S2, to help companies with implementation
The Professional Conduct in Relation to Taxation (PCRT) has been updated to include specific guidance for tax advisers and accountants on Making Tax Digital for Income Tax and client relationships