In this week’s Q&A, Stephen Fletcher, Croner-i explains the income tax implications of distributions from stocks and shares in a UK and overseas company
A construction employment agency run by a sole director has lost a case at the First Tier Tribunal after it failed to check whether suppliers were involved in tax fraud
HMRC has won a long-running case against a software company after the Supreme Court ruled that a share option given to a director should be taxed as employment income
Government plans to introduce two-year jail sentences for tax avoidance abuse could backfire if promoters move offshore to avoid risk, accountants warn Lords committee
HMRC is writing to taxpayers who will incur a tax liability on their state pensions removing them from self assessment, but are providing no indication of how the tax will be collected, says Sara Bonavia, associate director at RSM
Accountancy bodies have called for a one-year delay to the rollout of new R&D tax rules, and criticised the inadequate consultation and lack of guidance during a House of Lords hearing. Sara White reports
Offshore tax evasion by wealthy individuals is down by a third in the last decade as tax authorities share bank account information, but they pay less than 1% of their wealth on tax
The Treasury has ruled out a review of the cost effectiveness of tax reliefs, saying it would not be best use of resources and would create business uncertainty
HMRC is reminding taxpayers including anyone earning income from side hustles that they have 100 days left to submit their online self assessment tax return ahead of the deadline on 31 January 2024
The House of Lords Finance Bill Sub-Committee will be taking evidence from accountancy professional bodies about the effectiveness of proposed measures to tackle tax fraud
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