HMRC has confirmed that £400m a year was lost as a result of the use of marketed tax avoidance schemes, particularly through disguised remuneration, with Tamworth in Staffordshire the worst offender
European authorities have uncovered the largest cross-border VAT fraud scheme ever investigated in the EU valued at an estimated €2.2bn (£1.8bn) in unpaid taxes
The Court of Justice of the European Union (CJEU) has decided that an employee reward scheme that awards vouchers to staff as recognition for good work has a business purpose
In our regular Q&A, Croner-i advisers explain what to do when you receive a nudge letter from HMRC demanding an outstanding tax payment on commercial property disposal
Compliance with partial exemption for VAT calculations can be a challenge for finance teams, particularly those using the special method calculation, explains Russell Gammon, chief solutions officer at Tax Systems
The move towards a standardised system across the EU for withholding taxes would bring numerous benefits, but there are still some details to be worked out, explains Carlos Silva, senior tax solution manager, Xceptor
A recruiter, a pension administrator and a payroll services provider all avoided tax bills totalling £13.8m and face millions of pounds in fines from HMRC
The government’s deep freeze on income tax thresholds will see some workers’ tax bills rise by the equivalent of a 3.5% hike in the headline rate of tax
In a bid to crack down on the use of tax avoidance arrangements, the largest businesses will have to report the use of tax avoidance schemes used since 2018
A retail director has lost an appeal in the First Tier Tribunal (FTT) against a closure notice on the grounds that a compensation fee of £1m was not chargeable to tax
HMRC has emailed accountants and tax agents whose clients still use old VAT online accounts to stress that the facility is now closed unless they have agreed a special exemption
The government is consulting on plans to simplify and modernise audio-visual tax reliefs, including film tax schemes, in the first shake-up since their introduction in 2007
Menu toggle
