Tax

Latest news

Image for hmrc clarifies complex marriage allowance sa process

Tax | HMRC clarifies complex marriage allowance SA process

Anyone who claims marriage allowance must follow a complicated process related to timing of filings when including the information on their self assessment tax returns

5 Dec 2024

Tax | Production company beats HMRC in £720k R&D case

York-based media production company which designed stage sets for Ed Sheeran and Eurovision has won a research & development (R&D) tax relief dispute against HMRC’s assessments

5 Dec 2024

Tax | Public CbC reporting will curb use of tax havens

As multinationals are required to disclose a full breakdown of taxes paid under public country-by-country reporting rules, the use of tax havens and profit shifting will be curbed, explains Greg Yates, senior ratings manager, Fair Tax Foundation

5 Dec 2024

Tax | Scottish Budget raises tax thresholds for middle earners

Low and middle earners in Scotland will benefit from increased tax thresholds from the new tax year in April 2025, but second home owners will be hit by tax hike

4 Dec 2024

Tax | Online seller tax uproar ‘inaccurate’

HMRC ‘cannot be clearer’ that the sharing of data between online platforms and HMRC from January 2025 is not the beginning of a new tax

4 Dec 2024

Tax | Tax filing deadlines: Dec 2024 to Mar 2025

Deadline for online personal tax returns for 2023–24 if taxpayer wants tax underpayment collected via PAYE

4 Dec 2024

Tax | Covid fraud commissioner hired to tackle pandemic fraud

The newly appointed Covid counter-fraud commissioner will earn £84,000 a year, reporting directly to Chancellor Rachel Reeves

4 Dec 2024

Tax

HMRC

Law and Regulation

Image for parkrunner inheritance battle rages over ps600k house

Tax | Parkrunner inheritance battle rages over £600k house

Cathryn Culverhouse, partner at DMH Stallard considers the implications of a bitter legal battle between a husband and his stepchildren over inheritance of house and how a life interest trust could have helped

4 Dec 2024

Tax

Inheritance Tax

Case Reports

Image for gary lineker settles hmrc over ps49m tax bill

Tax | Gary Lineker settles with HMRC over £4.9m tax bill

HMRC has confirmed that it has settled the long-running IR35 tax case with Gary Lineker over a £4.9m tax liability over BBC and BT Sport presenting work

4 Dec 2024

Tax

HMRC

Case Reports

Image for alcohol importers ps25m vat case sent back ftt

Tax | Alcohol importer’s £25m VAT case sent back to FTT

Judges have sent back an alcohol importer’s appeal over a multimillion VAT case to the First Tier Tribunal (FTT)

3 Dec 2024

Tax | HMRC side hustler tool to check whether tax owed

HMRC has created a tool to help people running side hustles to work out whether they are liable for income tax on additional earnings

3 Dec 2024

Tax | Accountant to stars loses claim for damages against HMRC

One-time celebrity accountant Christopher Lunn has lost a case at County Court for claims of damage and injury against HMRC

2 Dec 2024

Tax | Using salary sacrifice to offset employers’ NIC increase

With the increase in employers’ national insurance from April 2025, employers have some options to mitigate the rise using pensions salary sacrifice, explains Alex Simpson, partner, and Oliver Bull, associate director at Evelyn Partners

2 Dec 2024

Tax | Portugal offers expats IHT tax planning options

Upcoming changes to inheritance tax could deliver significant savings to British expats living in Portugal if they have been living outside the UK for a sizeable period

2 Dec 2024

Tax | Buyers of 400-year-old mansion face £54k tax bill

A nine-bedroom mansion dating back to 1622 has been classed as residential for stamp duty purposes by Revenue Scotland leaving taxpayers with £54,770 tax bill

29 Nov 2024

Tax

Property Tax

Case Reports