HMRC has confirmed that companies will be liable for a 5% penalty or interest if they do not pay in full or make an arrangement to pay deferred VAT by 30 June 2021
Ruth Cadbury MP who co-chaired the Loan Charge APPG’s inquiry into How Contracting Should Work issued last week, is calling on the government to remove Clause 21 from the Finance Bill which would effectively shut down the umbrella industry
The Supreme Court’s recent decision in Balhousie Holdings indicates that care home operators, charities and universities may be able to use leaseback arrangements to finance certain new buildings without incurring a hefty VAT liability. Sarah Halsted, national VAT technical officer at RSM, examines the decision
In this week’s Croner Taxwise Q&A, Joe Tabois, payroll advisor at Croner Taxwise, considers the IR35 rules in the context of off-payroll working regulations
The UK charity TaxWatch has launched a project to improve the application of the rule of law in tax administration by ensuring that public interest is more sufficiently and effectively represented in the courts and by regulators
Government must take action to clean up the ‘wild west’ supply chain that exploits freelance and contract workers and encourages tax avoidance schemes, say MPs
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from inheritance tax due on lifetime transfers between 6 April and 30 September 2020, forms P46(Car) for quarter ended 5 April and employment intermediary’s quarterly reports
Employed workers who were forced to work from home because of the pandemic can now claim the government’s working from home allowance for the 2021/22 tax year
The rollout of freeports across the UK is designed to drive trade following the UK departure from the EU, offering a raft of tax breaks for investors. Charlotte Sallabank, tax partner at Katten Muchin & Rosenman UK LLP, assesses the pros and cons
US Treasury chief Janet Yellen is calling for a global corporate tax approach to stop multinationals from profit shifting revenue to offshore locations to reduce tax liability
The IR35 changes which came into force on 6 April 2021 are a monumental shift for accounting and payroll teams across the UK. Adam Prince, VP product management, compliance, at Sage explains
The government is planning to allow more British expats the right to vote in UK elections – but this may come with a ‘tax sting in the tail’, warns tax and advisory firm Blick Rothenberg