Owners of family businesses have some options after major erosion of tax advantage of business property relief (BPR) and interaction with inheritance tax, explain Julia Lewis, partner, and Daniel Watson, senior associate at Hunters Law LLP
A Soho film investor is one of this month’s top deliberate tax defaulters owing £14.1m to HMRC along with a pandemic PPE supplier, a prop maker, Dubai landlord and OnlyFans creator
Treasury minister puts former head of HMRC, Sir Jim Harra in charge of sorting out the mess at National Savings & Investments, saying NS&I needs ‘best leadership’
All businesses will have to use commercial software to file company tax returns from 1 April as current system ‘outdated’ but warning to save three years of records
Taxation on company cars can be a complex issue, with endless rates and bands, not to mention EV charging and parking. Our B&ADTV tax team of experts explain the rules
In this week’s Q&A, Isabella Wilson, adviser at Croner VIP Tax Team, explains the tax implications for a failure to withhold income tax on foreign interest payments
A last minute inheritance tax concession on excluded property trusts still leaves trustees with a complex landscape of long-term residency and tail periods to manoeuvre, explain Kate Johnson, partner, and Caroline Russell, senior associate at Wedlake Bell LLP
Susan Perry, founder of Cooper Accountancy, explains how to make the most of your taxable allowances, business tax reliefs, dividends, while not forgetting personal tax breaks, to avoid leaving money on the table
Tougher powers for HMRC to clamp down on rogue tax advisers with move to sanctionable conduct replacing dishonest conduct despite only being used five times
Delays to refunds of US Liberation Day tariffs expected as US Customs and Border Protection works on new CAPE portal to ensure accurate refund calculations as companies still hit with tariff bills