Tax | R&D tax claims – professional conduct and fees

As HMRC focuses on the veracity of research and development (R&D) tax incentive claims, Craig Flynn CTA, VIP R&D consultant at Croner-i, examines professional conduct and fees

4 Jul 2022

Tax

Business Tax

Tax Compliance

Tax | Tax reliefs for SMEs should be extended, says AAT

Small businesses need more support from the government to achieve their responsible business goals and meet net zero, says AAT

4 Jul 2022

Tax

Business Tax

Tax | John Swinney to cover Scottish finance minister role

The Scottish government has confirmed that deputy first minister John Swinney will take on responsibility for the finance and economy portfolio when cabinet secretary Kate Forbes starts her maternity leave in July

4 Jul 2022

Tax

Politics

Tax | VAT updates: July 2022

In this month’s roundup of VAT developments, Graham Elliott examines the insurance intermediation ruling in Staysure and TOGC and property development in Haymarket Media Group

1 Jul 2022

Tax

VAT

Case Reports

Tax | Business expenses and tax breaks confuse self employed

One of the biggest problems for self employed taxpayers relates to confusion over allowable business expenses when completing self assessment returns

1 Jul 2022

Tax

Personal Tax

HMRC

Tax Planning

Tax | Filing deadlines: July - September 2022

In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from deadline for P11Ds and P11D(b) for 2021-22, VAT returns under mandatory MTD

1 Jul 2022

Tax

Tax Compliance

Tax Planning

Tax | HMRC investigates tax evaders over Puerto Rico bank links

HMRC is working with Puerto Rico authorities to investigate hundreds of UK taxpayers who used the Euro Pacific Bank to evade UK taxes

1 Jul 2022

Tax

Personal Tax

International Tax

HMRC

Tax | HMRC opens Birmingham Regional Centre

The latest regional hub for HMRC has opened in central Birmingham, bringing the number of new offices to 14, replacing over 150 smaller regional offices

30 Jun 2022

Tax

HMRC

Careers

Tax | Taxpayers call for single point of contact at HMRC

Taxpayers want easy access to information about taxes in a clear and understandable format, with critical information located in a single HMRC customer hub rather than scattered around the gov.uk site

30 Jun 2022

Tax

Personal Tax

HMRC

Tax | Higher rate taxpayers to hit record 5.5m

The number of higher rate tax payers is set to increase by 4.1% in 2022-23 with 5.5m individuals expected to pay the 40% rate

30 Jun 2022

Tax

Personal Tax

Politics

Tax | HMRC dashboard flags scale of backlog handling enquiries

HMRC has launched a dashboard providing information about the time it is taking to deal with enquiries and settle tax repayments, with delays of up to nine months in some instances

30 Jun 2022

Tax

HMRC

Tax Compliance

Tax | One in five sole traders not heard of MTD for income tax

With just over 18 months to go until rollout, one in five UK sole traders have still not heard of Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), despite the government announcing it seven years ago

29 Jun 2022

Tax

Making Tax Digital

Tax | Corporate tax avoidance concern for 47%

Corporate tax avoidance has topped the UK public’s list of concerns for the 10th year, followed by bribery and corruption

29 Jun 2022

Tax

Business Tax

Tax | Abuse of enterprise investment schemes totals £4m

HMRC has recovered nearly £4m in tax from advisers wrongly claiming enterprise investment scheme tax relief, according to a Freedom of Information request by RSM

29 Jun 2022

Tax

Business Tax

Tax | Q&A: eligibility for EIS and SEIS tax relief

In this week’s Q&A, Croner-i’s Alexander McCarthy, considers whether enterprise investment scheme (EIS) tax relief can be used for a business which has only been trading for less than a year 

28 Jun 2022

Tax

Business Tax

Tax Compliance