Calculating the small profits rate after the increase in corporation tax to 25% requires a complex calculation, explains Paul Davies FCA, senior tax writer at Croner-i
Tax officials are clamping down on a popular tax abuse scheme used to avoid stamp duty land tax (SDLT) through the sub-sale of a residential property and use of questionable annuity
Nearly half of the income tax collected in the UK last year was paid by taxpayers in London and the south east, according to HMRC figures analysed by the Liberal Democrats
The Court of Appeal has ruled in favour of HMRC over a claim for capital allowances totalling £12.5m for the conversion of a flight training centre into a hotel
In this week’s Q&A, Croner-i tax consultant David Woolley explains tax efficient use of incorporation relief when converting to incorporated status and risk of capital gains tax
HMRC is making a temporary change to the Agent Dedicated Line for accountants and tax agents to help reserve capacity on the line specifically for one-to-one support at the start of the tax year