Tax

Latest news

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Tax | Will Bolt decision affect VAT rules for taxis?

Julian Borley, VAT director at Milsted Langdon, examines the potential impact of the tribunal ruling on Bolt’s use of the Tour Operator’s Margin Scheme (TOMS) to calculate VAT on taxi rides

31 Jan 2024

Tax

VAT

Tax Compliance

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Tax | Appellant allowed anonymity in tax dispute

An unnamed taxpayer has been granted the right to remain anonymous at an appeal over a dispute with HMRC for tax relief related to a ‘challenged arrangement’

31 Jan 2024

Tax

HMRC

Case Reports

Tax | HMRC slashes agent access to ADL helpline again

HMRC plans to stop tax agents and accountants from using the agent dedicated line for queries about self assessment and PAYE, and for progress chases on repayments and refunds

30 Jan 2024

Tax | Q&A: tax and intercompany loans

In this week’s Q&A, Croner-i tax consultant David Woolley explains the tax liabilities on intercompany loans under anti avoidance rules

30 Jan 2024

Tax

Business Tax

Tax Compliance

Image for liverpool agency flagged tax avoidance promoter

Tax | Liverpool agency flagged as tax avoidance promoter

A Liverpool promoter has been named and shamed by HMRC for running tax avoidance schemes

30 Jan 2024

Tax

HMRC

Tax | HMRC uses COP 9 to claw back £89m

HMRC opened 1,091 COP8 and COP tax investigations in the last 12 months, focusing on the most serious tax offenders

30 Jan 2024

Tax

HMRC

Tax Compliance

Image for tunnel did not make mansion eligible ps19m tax relief

Tax | Tunnel did not make mansion eligible for £1.9m tax relief

An empty mansion in Hampstead bought by property developers did not qualify as ‘mixed use’ for SDLT purposes due to railway staff accessing a tunnel on the site

29 Jan 2024

Tax

Property Tax

Case Reports

Image for draft rules ir35 paye liabilities out review

Tax | Draft rules on IR35 PAYE liabilities out for review

HMRC is calling for feedback on draft legislation for a new mechanism to calculate PAYE liabilities in cases of non compliance with IR35 rules

26 Jan 2024

Tax

Consultations

Tax | Top 100 taxpayers paid £5.3bn

Russian billionaire takes the top spot for tax paid with a bill for £664.5m, followed by former F1 boss Bernie Ecclestone at £652.6m

26 Jan 2024

Tax | ‘Self-professed tax expert’ loses £1.7m tax dispute

Laurence Onwufuju, a director of over 45 companies across the country, most of which are dissolved, has lost an appeal against a £1.7m tax bill

26 Jan 2024

Tax | Easyway Umbrella company loses judicial review claim

A Hertfordshire umbrella company has lost an attempt to force HMRC to remove details of a tax avoidance scheme from their name and shame list published under a section 86 notice

26 Jan 2024

Tax

HMRC

Case Reports

Tax | HMRC’s call centre fiasco: an accountant’s perspective

As HMRC reduces and closes phone helplines, Lee Murphy, managing director at The Accountancy Partnership, says this puts ‘immense stress’ on self assessment taxpayers

25 Jan 2024

Tax

HMRC