Shadow Chancellor Rachel Reeves plans a crackdown on tax evasion if Labour wins the election with proceeds to fund more GP and dentist appointments, and schools
Taxpayers with eligible children need to opt back into child benefit within three months if they were affected by the old £50,000 high income child benefit charge
HMRC has created a calculator to work out transition profit under basis period reporting rules for sole traders and the self employed, but not for partnerships
An insurance intermediary providing a telematics device for inexperienced drivers cannot reclaim VAT for over £2m after losing a dispute over group VAT liability
A former US citizen has lost a claim at the High Court, funded by a secret backer, that HMRC breached the taxpayer’s statutory rights by sending US tax authorities banking data
Anyone using research and development (R&D) tax reliefs needs to get to grips with new rules under the merged system now in force from accounting periods starting 1 April 2024
Clear risks remain for employers as meeting legal national living wage obligations can be much more complex than simply paying a worker the correct rate per hour, explains Simon Parsons, director of UK compliance strategies at SD Worx