The charge of 20% VAT on private school fees is set for 1 January 2025 with no exemption for pre-payments, explains Angela Bedi, senior technical writer at Croner-i
Former tennis player and commentator Barry Cowan has lost second IR35 hearing with judge describing accountant's correspondence with HMRC as 'somewhat belligerent'
HMRC phoneline customer service satisfaction levels continue to fall with nearly two thirds of callers saying they were not happy with the service in March
The Treasury plans to increase funding for HMRC to hire an additional 5,000 staff to clamp down on tax cheats and set aside more investment for IT infrastructure
Rachel Reeves has admitted for the first time that taxes will have to be raised at the Budget on 30 October, but ruled out increases to the big three taxes
Non doms will see a harsh tax environment from next year with Labour plans to clamp down on the ‘outdated’ tax advantage and overhaul their inheritance tax liability
Private equity investors face an overhaul of their favourable tax status on carried interest as the Chancellor promises ‘decisive action’ to close a perceived loophole
In a surprise move, described as ‘chilling’ by one MP, the Chancellor has announced plans to abolish the winter fuel payment for all but the poorest pensioners
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