Tax

Latest news

Image for global 15 tax rate has no force us says trump

Tax | Global 15% tax rate ‘has no force’ in US, says Trump

In one of his first actions as president, Donald Trump has ruled out the US ever adopting OECD plan for global minimum tax rate for the largest businesses

21 Jan 2025

Tax | Q&A: tax, tips and troncs

In this week’s Q&A, Mishal Siddiqui ATT, payroll adviser at Croner-i explains the ins and outs of taxation on tips and troncs, including income tax and NICs, and the role of the troncmaster

21 Jan 2025

Tax

Employment Tax

Tax Compliance

Image for key tax changes businesses 2025

Tax | Key tax changes for businesses in 2025

With a shifting tax landscape, Adam Owens, partner at Xeinadin, gives a rundown on the tax issues businesses and accountants need to prepare for

21 Jan 2025

Tax | BlueCrest £200m tax case remains unresolved

The Court of Appeal has sent the long-running BlueCrest Capital LLP tax case over disputed disguised remuneration back to the First Tier Tribunal

21 Jan 2025

Tax | No ‘solid grounds’ for £12.5m Luton hotel tax appeal

The developer of a hotel in Luton has lost a tribunal about whether it can reopen a decision about a multimillion claim for capital allowances

21 Jan 2025

Tax

Case Reports

Image for sunwarrior protein mix wins ps800k vat dispute

Tax | Sunwarrior protein mix wins £800k VAT dispute

A superfood importer has won an £800,000 appeal against HMRC at the First Tier Tribunal as products did not contain enough carbohydrates to be considered a sports drink

20 Jan 2025

Tax | Billionaire wealth grows by £4.7bn a day

In total the wealth of billionaires grew by a staggering £1.6 trillion in 2024, as the 2,769 richest people in the world gained more assets and money

20 Jan 2025

Tax

Business Tax

Personal Tax

Image for where will hmrc focus tax investigations 2025

Tax | Where will HMRC focus tax investigations in 2025?

Danielle Ford, partner and head of tax disputes at HaysMac, shares her thoughts and predictions about HMRC’s compliance priorities for the year ahead

20 Jan 2025

Tax | Fujitsu members subcontracted by HMRC go on strike

PCS members employed by Fujitsu Services UK have voted by 87% for strike action on the last two days of this year’s self assessment tax deadline

20 Jan 2025

Tax

HMRC

Image for private school parents secure first legal win

Tax | Private school parents secure first legal win

The High Court has decided to fast track an appeal by six parents against Labour's VAT raid on private school fees

17 Jan 2025

Tax

VAT

Image for un goes ahead global tax framework

Tax | UN goes ahead with global tax framework

The United Nations will start talks on finalising an agreement on international tax cooperation in February in a challenge to established OECD tax rules

17 Jan 2025

Tax

International Tax

Law and Regulation

Image for mps grill treasury minister credentials hmrc chair position

Tax | MPs grill Treasury minister on credentials for HMRC chair position

In a probing Treasury Committee hearing, James Murray, the Treasury minister responsible for HMRC, was forced to justify why he was appointed chair of HMRC board

17 Jan 2025

Tax

HMRC

Politics

Leadership & Management

Image for sage will provide free mtd income tax software says treasury

Tax | Sage will provide free MTD for income tax software, says Treasury

James Murray, Treasury minister responsible for HMRC has confirmed free Sage software will be available for Making Tax Digital for income tax, albeit a basic package

16 Jan 2025

Tax | Tips and pitfalls for GPs preparing to file tax returns

GP tax expert Katie Collin gives the lowdown on key issues to consider when completing annual 2023-24 tax returns, particularly for practice partners, locums and higher earning doctors

16 Jan 2025

Tax | How to soften the blow of pension pot inheritance tax

Tax planning is even more important now pension pots face up to 60% inheritance tax from 2027, explains Aysha Marley, director in the private client team at RSM

16 Jan 2025

Tax

Personal Tax

Tax Planning