Tax | HMRC delays RTI reporting on employee hours and dividends

Plans to force employers to include details of employee working hours and dividends paid to directors on PAYE real time information reports are on hold

22 Aug 2024

Tax

Employment Tax

HMRC

Tax | UN plans global tax powers to replace OECD role

In a move strongly supported by developing countries, the UN has agreed to finalise a framework on international tax rules and anti-avoidance measures by 2027

21 Aug 2024

Tax

International Tax

Tax | HMRC accused of ‘misusing’ powers to amend R&D claims

An accountancy firm has accused HMRC of correcting up to 2,100 research and development (R&D) tax relief claims, claiming it is abuse of its powers which HMRC said is ‘simply untrue’

21 Aug 2024

Tax

Business Tax

HMRC

Tax | £1.2bn paid in stamp duty in July

The amount of tax paid on property purchases is rising by the month and with the threshold set to be cut in 2025 more people will be dragged into stamp duty land tax

21 Aug 2024

Tax

Personal Tax

Property Tax

HMRC

Tax | 10 days to extend child benefit for 16 to 19 year olds

HMRC is urging nearly a million parents with 16 to 19 year old children in education that they must renew child benefit claims urgently or lose the payment 

21 Aug 2024

Tax

Personal Tax

Tax | HMRC clarifies compliance with VAT One Stop Shop

HMRC has published details on how to cancel or make changes to VAT One Stop Shop (OSS) Union scheme registrations

21 Aug 2024

Tax

VAT

HMRC

Tax Compliance

Tax | Dividend tax take set to hit record £17.8bn

The number of people expected to pay dividend tax in the current tax year is likely to have doubled in just three years as the tax-free allowance is slashed

20 Aug 2024

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | Q&A: R&D tax relief on overseas contractors

In this week’s Q&A, Croner-i tax adviser David Lawson explains when R&D tax relief is available for overseas workers and contractors

20 Aug 2024

Tax

Business Tax

Tax Compliance

Tax | Pub landlord blames accountant for £100k late tax appeal

An 'off' accountant was not a valid reason to file a claim for an appeal more than two and a half years late over a tax bill for undisclosed rental income 

20 Aug 2024

Tax

Personal Tax

Case Reports

Tax | Tax filing deadlines: Aug to Dec 2024

Deadline for amending corporation tax returns for accounting periods ended 31 August 2022

19 Aug 2024

Tax

HMRC

Tax Compliance

Tax | Fraudsters target companies with fake HMRC letters

HMRC is warning business owners to ignore a letter from fraudsters pretending to be the tax authority and demanding confidential business information and bank statements

19 Aug 2024

Tax

HMRC

Tax Compliance

Tax | How to report student loans on PAYE payroll

HMRC has issued an update to employers clarifying how to deal with student loan or postgraduate loan start notices, called SL1 or PGL1

16 Aug 2024

Tax

Employment Tax

HMRC

Tax Compliance

Tax | Austrian tax office uses AI to collect €185m from evaders

Artificial intelligence was used by the Austrian ministry of finance to recover €185m (£158m) in evaded taxes last year

15 Aug 2024

Tax

International Tax

Tax | Lycamobile faces winding up petition over £51m VAT bill

In July Lycamobile was facing a £51m VAT bill but now HMRC has slapped the mobile network provider with a winding up petition through an application to the High Court

15 Aug 2024

Tax

Business Tax

VAT

HMRC

Tax Compliance

Tax | Private school closes after Labour VAT announcement

An almost 100-year-old Scottish private school has announced it will be closing its doors due to financial implications and the buyers of the school ‘reassessing their commitment’

14 Aug 2024

Tax

VAT