Tax

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Image for enquiry spotlight hmrcs position fundamentally flawed

Tax | Enquiry spotlight: HMRC’s position ‘fundamentally flawed’

Bash Khanzada, enquiries consultant at Croner-i, defends a taxpayer in dispute with HMRC over a capital gains tax bill where the distinction between legal and beneficial ownership of a property was the critical issue

20 Feb 2025

Tax | HMRC clarifies when time to pay plans can be set up online

In the first update to time to pay guidance for four years, HMRC has clarified when pay plans can be set up without speaking to them directly

19 Feb 2025

Tax | Farmers propose clawback alternative to IHT tax changes

Farmers are still trying to reverse the inheritance tax changes which will begin in April 2026, but ministers ‘bluntly refused any suggestion of a compromise’ at a meeting this week

19 Feb 2025

Tax | Webchat use reduces HMRC wait time to 19 minutes

The latest HMRC performance report showed that wait times are improving for callers as a flood of new hires to call centres relieves pressure but 15% of callers still cannot get through

19 Feb 2025

Tax

HMRC

Image for bare trusts inheritance tax and probate

Tax | Bare trusts, inheritance tax and probate

Nadia Cowdrey, partner at DMH Stallard, considers the pros and cons of putting assets in bare trusts to circumnavigate probate and pay inheritance tax on time

19 Feb 2025

Tax | Does my online side hustle warrant an HMRC investigation?

As online platforms drop large amounts of transaction data at the door of HMRC, Andrew Parkes, national tax director at Andersen LLP, explains who’s likely to be targeted in follow-up compliance work

18 Feb 2025

Tax | First time buyers race to beat £10k stamp duty bill

As the 1 April deadline approaches 550,000 house buyers are desperately trying to get their purchases through before reduced stamp duty reverts to 2022 rates

18 Feb 2025

Tax

Property Tax

HMRC

Business | HMRC changes guidance on Condition C for LLP salaried members

In a helpful move for salaried members of limited liability partnerships (LLPs), HMRC has been forced to change guidance on application of Condition C after Bluecrest decision

18 Feb 2025

Tax | EU sets date for electronic VAT exemption certificates

The EU is going ahead with plans to digitalise VAT exemption declarations by ending the use of paper certificates

18 Feb 2025

Tax

VAT

Law and Regulation

Image for qa allocation property income 5050 basis

Tax | Q&A: allocation of property income on 50/50 basis

In this week’s Q&A, David Woolley, tax adviser at Croner-i, explains the impact of the 50/50 income rule in light of changes to tax rules for furnished holiday lets

18 Feb 2025

Business | Tax and tech will shape accountancy in 2025

Tim Pinkney, director of professional standards at the Institute of Financial Accountants (IFA), examines the key risks and significant challenges for accountants and finance teams in the year ahead

17 Feb 2025

Tax | Arsenal footballer Zinchenko loses HMRC tax dispute

Oleksandr Zinchenko has agreed to pay a six-figure tax bill owed by his image rights company after High Court hearing

17 Feb 2025

Tax

Personal Tax

HMRC

Image for us reciprocal tariff review targets unfair vat charges

Business | US reciprocal tariff review targets ‘unfair’ VAT charges

President Trump has announced a review of all reciprocal tariffs on US imports, flagging VAT as an ‘unfair, discriminatory’ tax, which will capture UK companies in the trade war

14 Feb 2025

Tax | Dog breeders may have to register with HMRC

Up to 17,000 people working in the animal welfare sector, which includes dog and cat breeders and sellers, could be made to register with HMRC to renew their licences

14 Feb 2025

Tax

HMRC

Tax Compliance

Tax | Festival food vendor tries to blame HMRC for late VAT payment

A pop-up food vendor has lost an appeal after attempting to blame HMRC for delayed VAT payments which resulted in a £423 penalty

14 Feb 2025

Tax | France sets minimum 20% tax for high earners

Following months of political turmoil, the French parliament has signed off the Finance Bill for 2025 with tax changes for people earning over €250,000

14 Feb 2025

Tax

Personal Tax

International Tax

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Tax Services

Latest news

Tax | Enquiry spotlight: HMRC’s position ‘fundamentally flawed’

Tax | HMRC clarifies when time to pay plans can be set up online

Tax | Farmers propose clawback alternative to IHT tax changes

Tax | Webchat use reduces HMRC wait time to 19 minutes

Tax | Bare trusts, inheritance tax and probate

Tax | Does my online side hustle warrant an HMRC investigation?

Tax | First time buyers race to beat £10k stamp duty bill

Business | HMRC changes guidance on Condition C for LLP salaried members

Tax | EU sets date for electronic VAT exemption certificates

Tax | Q&A: allocation of property income on 50/50 basis

Business | Tax and tech will shape accountancy in 2025

Tax | Arsenal footballer Zinchenko loses HMRC tax dispute

Business | US reciprocal tariff review targets ‘unfair’ VAT charges

Tax | Dog breeders may have to register with HMRC

Tax | Festival food vendor tries to blame HMRC for late VAT payment

Tax | France sets minimum 20% tax for high earners