Tax

Tax | Tax issues for buy to let landlords

The tax burden on buy to let landlords has increased significantly from removal of interest relief to higher capital gains tax. Tim Palmer CTA ATT, senior partner, Palmer Consultancy Partnership, explains the key issues to consider

20 Sep 2023

Tax | Horizon postmaster payments exempt from inheritance tax

Compensation payments for victims of the Horizon accounting scandal will be exempt from inheritance tax

20 Sep 2023

Tax | Essay writing service loses £420k VAT case

An internet based essay and dissertation writing service for students has lost an appeal at the First Tier Tribunal over who is liable for £419,559 in VAT charges for the academic work

20 Sep 2023

VAT

Case Reports

Tax | Q&A: capital allowance claims

In this week’s Croner-i Q&A, we look at whether capital allowances can be claimed by a care home owner planning to install wet room facilities

19 Sep 2023

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Tax | Two weeks to register for self assessment tax returns

HMRC is reminding anyone who is new to self assessment for the 2022 to 2023 tax year to register with HMRC by 5 October or face penalties

19 Sep 2023

Tax | HMRC to change VAT authorisation process from October

HMRC is removing the functionality to copy across agent authorisation for VAT from the government gateway account, increasing security with new client authorisation email process

19 Sep 2023

VAT

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Tax | Economic crime levy payment goes online

HMRC has launched an online payment service for the annual economic crime levy which is due for payment by 30 September for the first time

18 Sep 2023

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Tax | R&D changes will complicate rules for SMEs, warns ATT

A proposed merger of research and development tax relief for all sizes of business will make the rules more complicated, warns the Association of Taxation Technicians

18 Sep 2023

Image for plan transfer umbrella tax debt hirers grossly unfair

Tax | Plan to transfer umbrella tax debt to hirers ‘grossly unfair’

The REC is calling on the government to focus on regulating umbrella companies and scrap unfair proposals to pass umbrella tax debt to employment businesses

18 Sep 2023

Consultations

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Tax | Tax on biggest polluters could raise £12.6bn a year

Higher taxes on the UK’s biggest polluters such as fossil fuel companies, frequent fliers and super yacht owners could have raised up to £12.6bn last year, claims Oxfam

18 Sep 2023

Personal Tax

Image for buyer derelict bungalow loses ps12k stamp duty case

Tax | Buyer of derelict bungalow loses £12k stamp duty case

A director has lost an appeal against a decision by HMRC which refused his claim for a refund on stamp duty land tax, arguing that his property, which was in need of renovation, was suitable as a dwelling

18 Sep 2023

Tax | Role of Tax Disputes Resolution Board clarified

HMRC has issued guidance explaining the role of the Tax Disputes Resolution Board (TDRB) when dealing with the largest tax cases involving £100m plus disputes

15 Sep 2023