Tax

VAT

Image for second payment account tax due 31 july

Tax | Second payment on account tax due 31 July

Individuals who fill in a self-assessment tax returns and owe more than £1,000 in tax need to pay their latest instalment by 31 July

19 Jul 2022

Personal Tax

Image for two thirds tax agents critical hmrc helpline

Tax | Two thirds of tax agents critical of HMRC helpline

Confidence in the quality of the tax agents dedicated helpline has fallen to 36% over the past year as HMRC service levels have declined post pandemic

19 Jul 2022

Image for how register professional tax agent

Tax | How to register as a professional tax agent

HMRC has issued guidance about how to register as a professional tax agent, outlining the steps to take

18 Jul 2022

Image for welsh raise record ps414m property taxes

Tax | Welsh raise record £414m from property taxes

The tax take from property sales in Wales has hit a record £414.3m for the year end 2021-22, with nearly a quarter raised from the higher rate of land transaction tax (LTT)

15 Jul 2022

Property Tax

Image for att president pleads no hmrc staff cuts

Tax | ATT president pleads for no HMRC staff cuts

Frustration at the deterioration in the quality of HMRC service is a growing concern as the government hints at significant cuts to civil service jobs

15 Jul 2022

Tax | HMRC flags T2 Outsourcing over tax avoidance

Payroll firm T2 Outsourcing Limited has been added to HMRC’s list of promoters of tax avoidance schemes over the way it pays some temporary staff

14 Jul 2022

Tax | The world of NFTs – a tax perspective

Disposal of crypto assets triggers a capital gains tax charge, but clarity on non-fungible tokens (NFTs) is less clear. Zoe Wyatt, partner and head of crypto at Andersen, explains some of the factors for accountants and investors

14 Jul 2022

Personal Tax

Image for netbusters wins tax case over disputed ps600k vat bill

Tax | Netbusters wins tax case over disputed £600k VAT bill

Five-a-side football league organiser Netbusters has won a case at the Upper Tribunal over whether payment of £633,146 in VAT was due for pitch hire

13 Jul 2022

VAT

Case Reports

Image for money laundering rules art dealers updated

Tax | Money laundering rules for art dealers updated

The latest anti-money laundering guidance for art dealers stresses that buyers must be identified as part of attempts to improve due diligence

13 Jul 2022

Image for wales raise tax rate self catering businesses

Tax | Wales to raise tax rate on self catering businesses

Self catering businesses have criticised Welsh government plans to change the tax rules over the number of days of occupancy making it harder to qualify for business rates

12 Jul 2022

Tax | Global digital tax set for 2024

The OECD has confirmed that plans for a global digital tax for multinationals will come into effect from 2024

12 Jul 2022

International Tax

Image for qa are air miles taxable benefit kind

Tax | Q&A: are Air Miles a taxable benefit in kind?

In our weekly Q&A, Croner-i tax adviser Vanessa Matthews considers whether air miles earned through the use of company credit cards is a taxable benefit

12 Jul 2022

Personal Tax