Paul Davies, FCA, senior tax writer at Croner-i, considers the tax considerations when separating a company’s trading activities in a statutory demerger
HMRC fined more than 180,000 low earners for not filing their self-assessment returns on time, despite many not even earning enough to pay tax , according to thinktank Tax Policy Associates
In this week’s Q&A, Croner-i advisor Vanessa Matthews, talks about the tax treatment on health checks for employees and whether they fall within benefits in kind
As HMRC targets online influencers using social media as a platform to promote products, Robert Marchant, partner and head of corporate VAT, Crowe LLP, explains the tax pitfalls
Nearly six million people are involved in the hidden economy and are not paying millions in taxes on those earnings, mainly as HMRC has no way of identifying them
The largest share of the tax gap is down to small businesses which do not pay the right amount of tax, either by making careless errors, failing to take reasonable care or deliberate evasion
Businesses in construction, film production and freight, were just some of the 145 businesses that attempted to dodge £21.5m in taxes, all of which have since been handed steep penalties