With inheritance tax on pension pots just months away, beware the risk of cashing in pensions quickly without assessing tax implications, warns Mike Ambery, retirement savings director at Standard Life
In this week’s Q&A, Alexander McCarthy, tax adviser at Croner VIP Tax Team, explains the capital allowance rules on plant and machinery for a container business
Over 400,000 landlords and self employed still not signed up to MTD for Income Tax if have £50,000 qualifying income with first quarterly return deadline only two weeks away
HMRC has clarified how to report student loans under new Making Tax Digital (MTD) rules for earners with over £50,000 in qualifying income, including buy to let landlords and self employed, from August
Ben Lee, crypto tax partner, and Dion Seymour, director at Andersen LLP, examine the tax complexities and potential HMRC pitfalls for taxpayers using crypto-based prediction markets after usage took off during the World Cup
Plans for new criminal offence of giving reckless untrue statements or declarations to HMRC by taxpayers, and publication of personal liability notices (PLN) breaches, signal major shift in tax compliance landscape, warns Adam Craggs, head of the tax and investigations team at RPC
In this week’s Q&A, Joshua Hamley Deane, adviser at Croner VIP Tax Team, explains the rules for the temporary reduced VAT rate for attractions and children’s meals
HMRC’s new tax adviser register is fraught with complexity, with the definition of relevant individuals a case in point. Glyn Fullelove ACA CTA, lead technical writer at Croner, explains the rules and compliance issues
With a summer of 5% VAT on attractions and kid’s meals in the chancellor’s discount scheme, venues have to opt in, making it tricky to find which ones are in and out