Head of Making Tax Digital says HMRC has not yet decided how it will bring £30,000 cohort into quarterly reporting as officials weigh future role of automatic enrolment, stressing accountants still have major role to play
The tribunal ruling in Tanglewood Care Services over six-figure R&D tax relief dispute failed as ‘no valid R&D work completed’, says Hugh Wragg, R&D compliance manager at randd
Key tax filing dates for Making Tax Digital for Income Tax from quarterly reporting updates to year end self assessment tax returns, plus start dates for new lower thresholds
Little-noticed Treasury shake-up sees HMRC brief return to James Murray in reorganisation as XST Dan Tomlinson loses tax minister job in shift to growth role at HMT
Six in 10 millionaires consider leaving UK due to high taxes with fears of another exodus of high earners following talk of the departure of billionaire Chris Rokos
Overhaul of APR/BPR for farms and family businesses creates inheritance tax headache, but there are potential planning options from discretionary trusts to liquidity planning and asset transfer, explain Sunir Watts, partner, and Natalie Spong, associate at Hunters
In this week’s Q&A, Joshua Hamley Deane, adviser at Croner VIP Tax Team, explains the difference between basic and actual tax points under VAT time of supply rules
Sean Drury, partner and head of tax at Blick Rothenberg says equalising income tax and CGT rates would see a fundamental shift in taxing gains, creating more tax complexity and stifling investment, putting the UK out of sync with other G7 nations
Vape shops, manufacturers, and importers must prepare for incoming vaping liquid duty and stamp scheme before end of month or face civil or criminal sanctions
Latest stage in the turbulent loan charge issue sees HMRC pressing taxpayers to respond to settlement offer, but legislation indicates may be some leeway for 90-day acceptance deadline