Tax

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Tax | High end dating agency must pay £1.7m VAT

The Court of Appeal has ruled that an upmarket matchmaking agency must pay VAT on the services provided to customers

14 Feb 2023

Tax | Pricing tax work: sign up for our expert webinar

Can you guess the three biggest mistakes accountants make when pricing tax planning work?

14 Feb 2023

Tax | How to challenge self assessment late filing penalties

Taxpayers who have been fined £100 for missing the deadline for self assessment tax returns may be able to have their penalties cancelled, says LITRG

14 Feb 2023

Tax

Personal Tax

HMRC

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Tax | Q&A: tax and principal private residence relief

In this week’s Q&A, Croner-i tax adviser Kabita Tank, explains the capital gains tax rules when considering a transfer under the principal private residence relief (PPR) regime

14 Feb 2023

Tax

Personal Tax

Property Tax

Image for lycamobile faces ps105m tax dispute

Tax | Lycamobile faces £105m tax dispute

The auditor of mobile network Lycamobile has refused to sign off the audit over ‘material irregularities’ following a tax dispute over alleged VAT irregularities amounting to £105m

13 Feb 2023

Tax | HMRC flags £1.26k marriage allowance for Valentine’s Day

HMRC has issued a reminder to millions of married couples to make sure they are claiming the £1,260 marriage allowance tax break

13 Feb 2023

Tax

Personal Tax

Tax Planning

Image for director loses appeal over ps54k tax errors

Tax | Director loses appeal over £54k tax errors

A director has lost a First Tier Tribunal (FTT) appeal against two personal liability notices (PLNs) for £54,000 related to VAT and corporation tax inaccuracies

10 Feb 2023

Tax | Astra Zeneca blames 'discouraging' tax policy for move to Ireland

Pharma giant Astra Zeneca has pulled plans to build a UK factory due to ‘discouraging’ tax rates, choosing Ireland instead

10 Feb 2023

Tax | Tax debt rises by 22% to reach £48bn

The level of tax debt owed to HMRC rose by 22% year-on-year to reach more than £48bn at the end of 2022 with SMEs the worst offenders

10 Feb 2023

Tax

HMRC

Tax Compliance

Image for national insurance top window be reduced

Tax | National insurance top-up window to be reduced

ICAEW is warning taxpayers to check their national insurance (NI) record before 5 April 2023 when the government is reducing the window for topping up contributions

10 Feb 2023

Tax | Student loan rate rises to 7.3% from June

Student loan repayment interest rate will rise to 7.3% from June 2023, up 1% on current repayment levels

10 Feb 2023

Tax

Employment Tax

Tax | Former MP jailed for £52k fraud

A disgraced MP has been jailed for four years after trying to claim £52,000 of parliamentary expenses through a ‘fictitious’ autism charity

9 Feb 2023

Tax | CPD module: taxation of dividends

In this month's exclusive Accountancy Daily CPD module, we provide an overview of the taxation of dividends and distributions, how the tax is charged and reporting requirements

9 Feb 2023

Tax | Scottish higher rate taxpayers £1.5k worse off

The tax and benefits system is more progressive in Scotland than the rest of the UK, but higher earners pay thousands more in tax

9 Feb 2023

Tax | High HMRC repayment interest rates are ‘unfair’

Excessively high HMRC repayment interest rates are ‘unfair’ and should be reviewed, said Chartered Institute of Taxation (CIOT)

9 Feb 2023

Tax

HMRC

Tax | HMRC loses appeal over £900k tax bill

A director has won a First Tier Tribunal (FTT) appeal against a personal liability notice (PLN) for £900,000 related to VAT transactions HMRC considered to be fraudulent

9 Feb 2023