HMRC wins long-running VAT case as Supreme Court rules Hotel La Tour was not eligible to claim input tax on professional fees after case shunted through courts for five years
Azhar Rana, partner at PKF Littlejohn, explains the accounting implications for lenders reporting under FRS 102 from going concern to loan covenants and KPIs resulting from the FCA’s proposed motor finance redress scheme
Simon Knivett, VAT manager at HW Fisher, reflects on the hugely complicated and contradictory VAT rules as Morrisons loses the latest food case over the VAT status of rotisserie chickens
Following tribunal decision in Isle of Wight NHS Trust case, HMRC revises policy to clarify NHS Trusts and private health providers should have been exempt from VAT on locum doctors fees and should be able to can claim overpaid output tax for last four years
London hedge fund managers sentenced to more than 10 years but are on the run in France and Switzerland over role in £11.4m fraud involving Libyan sovereign wealth fund
Serious Fraud Office secures £928,479 confiscation order against David Kennedy, one of the investment managers behind multimillion Axiom Legal Financing Fund fraud
Sophie Brookes and Debbie Shaw examine risks of digital handshakes in light of DAZN case, why accountancy firms need to heed Mazars decision over Russian sanctions regime in XTX, personal liability for breach of confidence over R&D tax mitigation structure, plus ID verification tips
Prime minister questioned by MPs on the Liaison Committee on damaging changes to inheritance tax (IHT) for farmers and unacceptably high number of leaks running up to the Budget
As we approach the 31 December 2025 year end, it’s time for finance teams to pause, take a breath, and make sure the essentials of financial reporting are firmly under control, explains Ollie Garrod ACA
From May 2026, tax advisers who interact with HMRC for clients will need to sign up to the new tax adviser register and meet HMRC’s minimum registration standards
Employment Rights Bill passes final stage in the House of Lords, although most measures still require secondary legislation, with unfair dismissal day one right extended to six months of service from 2027 and immediate statutory sick pay entitlement from next April
When questioned at the covid inquiry on the level of fraud in bounce back loans, Rishi Sunak defended his actions saying they prevented a ‘catastrophic loss of business and jobs’
The Court of Appeal fast-tracks HMRC’s appeal against Upper Tribunal decision which ruled lower tribunal erred in application of Martland approach in Medpro case
HMRC has flagged an Essex employment agency for the first time ever for using a widely used tax avoidance scheme to pay nursing and care worker candidates putting them at risk of unexpected tax bills
In this week’s Q&A, Ewan Edwards, tax advisor at Croner-i VIP tax team, explains the rules on first-time buyer’s relief on stamp duty land tax when one member of married couple buys their first property