Tax | Making Tax Digital generated £215m less than expected

HMRC’s Making Tax Digital (MTD) programme is expected to generate £265m of additional revenue this year which is 45% lower than the original forecast of £470m

8 Nov 2021

Tax

Making Tax Digital

HMRC

Tax | Filing deadlines: November - December 2021

In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from the deadline for PAYE electronic payments to corporation tax third quarterly instalment payment for very large companies

8 Nov 2021

Tax

Tax Compliance

Tax | CPD module: LLPs and salaried members

In this month's exclusive Accountancy Daily CPD module, find out how to establish the differences between a partnership and a limited liability partnership (LLP), how LLP profits are taxed and why there is a need for an anti-avoidance rule

5 Nov 2021

Tax

Business Tax

Employment Tax

Tax | Sky presenter loses £281k case over IR35 status

A Sky sports presenter has lost a case at the First Tier Tribunal over his working status and whether his contract with Sky fell outside the IR35 rules

5 Nov 2021

Tax

Personal Tax

Case Reports

Tax | Agents dissatisfied with HMRC telephone helpline

Tax agents and accountants are still experiencing problems with HMRC’s agent helpline and four in 10 expressed dissatisfaction with wait times in the latest HMRC agent research

5 Nov 2021

Tax

HMRC

Tax | Basis reform rules amended to help businesses

HMRC has released its response to feedback on proposals to reform the basis period accounting rules, making some amendments to the rules as a result

4 Nov 2021

Tax

Business Tax

Tax Compliance

Tax | Finance Bill 2021-22 sets out Budget tax measures

The Finance Bill 2021-22 has been published, legislating for tax changes announced by the Chancellor at last week’s Budget

4 Nov 2021

Tax

Tax Planning

Law and Regulation

Budget

Tax | Taxpayer wins appeal over £2.5m misdeclaration penalty

The Court of Appeal has upheld the decision to allow a taxpayer to appeal a £2.5m misdeclaration penalty from HMRC

4 Nov 2021

Tax

VAT

Case Reports

Tax | VAT policy and sustainability

As the UK focuses on plans to achieve net zero status, Andy Bradford, associate partner, indirect tax, at EY argues the case for shaping VAT policy to reflect sustainability targets and change buyer behaviour

4 Nov 2021

Tax

VAT

Tax | Agents concerned about rapid tax changes

After confirmation that the UK is to introduce and consult on three more taxes in the Budget last week, tax agents are becoming concerned about this rapid introduction, says the Chartered Institute of Taxation (CIOT) and Association of Taxation Technicians (ATT)

3 Nov 2021

Tax

Making Tax Digital

Business

Accountancy Firms

Tax | Backpacker wins tax dispute over holiday job in Australia

A British backpacker who spent time working in Australia has won a tax dispute at the High Court in Brisbane over unfair tax treatment

3 Nov 2021

Tax

Personal Tax

International Tax

Case Reports

Tax | Chancellor admits Budget targets will be a challenge

The Chancellor acknowledged that hitting his new Budget targets would be a challenge but told MPs on the Treasury Committee that taxes will reduce before the next election

2 Nov 2021

Tax

Budget

Tax | Global tax reform: thin end of the wedge for multinational SMEs?

As G20 leaders approve the final agreement on a corporate base tax rate, Jelle R Bakker, director-global tax group Europe at Kreston Global, considers whether SMEs operating cross border will be caught by the rules

2 Nov 2021

Tax

International Tax

Tax | Q&A: buy to let owners and CIS

In our regular Q&A series, Croner Taxwise tax adviser John Riseborough, considers whether buy to let owners need to register for the construction industry scheme (CIS) when they own multiple properties

2 Nov 2021

Tax

Business Tax

Tax Compliance

Tax | VAT updates: November 2021

In this month’s VAT update, Graham Elliott focuses on the Rada in Business case over furlough, multiple claims from DIY housebuilder’s scheme and impact of Balhousie decision

1 Nov 2021

Tax

VAT

Tax Compliance

Case Reports