Tax | HMRC collects £39m through confiscation notices

HMRC has confiscated assets worth almost £39m through forfeiture notices in 2021-22 which is a £35m increase from the £4.8m collected the year before

20 Apr 2022

Tax

HMRC

Tax | Deloitte secures £15m HMRC contract

Deloitte has secured a £15m consultancy contract to help HMRC shape and deliver its Technology Sourcing Programme (TSP)

20 Apr 2022

Tax

HMRC

Business

Accountancy Firms

Tax | Banned director’s £108k tax appeal rejected

A banned director’s appeal against a personal liability notice for unpaid tax of £108,059.07 has been rejected 

20 Apr 2022

Tax

Business Tax

Case Reports

Tax | UK revokes Moscow Stock Exchange's recognised status

HRMC is to withdraw the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange meaning future investors will not be able to access UK tax benefits

19 Apr 2022

Tax

HMRC

Business

Companies

Tax | Home working tax relief warning

Employees who have been claiming home office tax relief during the pandemic should review their tax codes to check whether HMRC has included the relief in their notice of coding

19 Apr 2022

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Wine company loses £581k tax appeal

A wholesale wine importer has lost its appeal for an input tax return of £581,000 with the court ruling that the company should have known its purchases were connected with VAT evasion  

19 Apr 2022

Tax

VAT

Case Reports

Tax | Q&A: property sales, tax and overseas owners

In this week’s Q&A, Croner Taxwise apprentice tax advisor Stuart Farmer, explains the tax implications of selling a property in the UK when resident overseas

19 Apr 2022

Tax

Personal Tax

Property Tax

Tax Compliance

Tax | Tax planning for ‘mixed domicile’ marriages

Opting for non-dom status brings tax advantages but what are the implications for mixed domicile marriages where one partner is liable for UK tax? Mark Davies, partner at Mark Davies & Associates, looks at the options

19 Apr 2022

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | HMRC launches one-stop-shop for tax support

HMRC has launched a one-stop-shop that has compiled together multiple areas of financial support available to taxpayers that could help them with living costs

14 Apr 2022

Tax

HMRC

Business

Tax | HMRC opens Glasgow regional hub

The tax authority’s Glasgow regional centre has opened its doors to 3,000 HMRC staff as well as a further 145 from other government departments 

14 Apr 2022

Tax

HMRC

Business

Tax | Building company wins £38m tax case

A building company's directors have won a case against a £38.7m tax bill with the court ruling that BDO’s advice for a tax avoidance scheme was 'professional' and the directors had not ‘breached’ their duties

14 Apr 2022

Tax

Business Tax

Case Reports

Tax | Classifying van usage for P11D forms

HMRC has issued a reminder to company van operators to make sure their van fleets are correctly classified for benefit in kind purposes when completing P11D forms

14 Apr 2022

Tax

Employment Tax

Personal Tax

HMRC

Tax Compliance

Tax | Nearly half do not know pension contributions tax free

Four in 10 taxpayers do not know that pension contributions automatically receive 25% tax relief despite an annual bill of over £42bn to pay for the tax break 

13 Apr 2022

Tax

Personal Tax

Pensions

Tax | Corporate redomicile rules must protect against economic crime

Following consultation on plans to modernise corporate re-domiciliation rules, the government acknowledges that more detailed proposals are required before changes are made

13 Apr 2022

Tax

Consultations

Tax | Care home owners lose £8m capital gains tax case

The court has ruled that two care home owners, who sold their facility, cannot subtract debt payments from the share value and must pay capital gains tax on £8m

13 Apr 2022

Tax

Personal Tax

Case Reports