A payroll company has won its appeal at the First Tier Tribunal (FTT) against more than £9m in penalties and VAT assessments as HMRC could not prove it was aware of VAT fraud
Rocky Webb, enquiry consultant at Croner-i My VIP Tax Team, explores the benefits of entering into an Alternative Dispute Resolution (ADR) process with HMRC
After much speculation that a reduction in the base rate was likely the Bank of England has reduced the rate by 0.25% with one member voting to reduce it by 0.5%
A cash & carry store has part won a fight against HMRC and the ‘sugar tax’ after it argued some of HMRC’s assessments were invalid, says RSM partner, Philip Munn
The top 10 accountancy firm has expanded its operations on the South coast, moving staff to a new four storey building near Southampton to bring colleagues ‘under one roof’
The director of a Birmingham based construction company sold £1.5m worth of assets for under £500,000 to another of his companies while owing HMRC and creditors more than £1.5m
The income tax burden is growing, with the latest forecasts from the Office for Budget Responsibility suggesting it is set to increase to £310bn in 2027/28, says RSM partner, Chris Etherington
In this week’s Q&A, Sana Naveed ATT, adviser at Croner-i VIP Tax Team, explains the tax rules on repayment of director’s loan accounts and bed & breakfasting arrangements
The Supreme Court decision in Standish on the use of inheritance tax planning in a divorce has implications for accountants as HMRC ramps up investigations, warns Rachel Cook, counsel, Peters & Peters
Standard setters need to produce clearer guidance for company reporters to help them account for carbon-related instruments in a comparable and transparent manner
Company directors that decided to give themselves a pay rise in order to claim more on the coronavirus job retention scheme (CJRS) have been ordered to repay what they claimed
The Financial Conduct Authority (FCA) has fined an investment company and its director who 'doesn’t accept he had any role' in managing the investment fund
Earlier this year Companies House made it so company directors could voluntarily verify their identity and has now confirmed when it will become compulsory
Many sports professionals successfully operate through a limited company, particularly when their income is primarily derived from prize winnings, appearance fees and endorsements, says Matt Taylor from RSM