Tax

Latest news

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Tax | Brexit one month on – the VAT implications

As trading arrangements with the EU face new import and export processes, James Hurst, VAT director at Brown Butler, explains the key VAT compliance issues to consider

25 Feb 2021

Tax

VAT

Business

Image for bdo calls targeted tax incentives boost uk manufacturing

Tax | BDO calls for targeted tax incentives to boost UK manufacturing

Two thirds of manufacturers (65%) would commit to greater investment in the UK if incentives for capital expenditure were increased, a new survey from BDO shows

24 Feb 2021

Tax

Business Tax

Image for hmrc advisory fuel rates company car users 1 march 2

Tax | HMRC advisory fuel rates for company car users from 1 March

HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 March 2021, increasing mileage rates for 1400-2000cc petrol vehicles by 1p per mile

24 Feb 2021

Tax

Business Tax

Image for finance bill 2021 what tax measures are set change

Tax | Finance Bill 2021 – what tax measures are set to change?

The latest Finance Bill is due to be finalised after the Budget is delivered on 3 March. Croner-i tax writer Sarah Arnold reviews the significant tax changes

24 Feb 2021

Tax

Business Tax

Image for vat deferral payment scheme online service opens

Tax | VAT deferral payment scheme online service opens

Over half a million businesses who deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay in smaller monthly instalments, HMRC has announced

23 Feb 2021

Tax | BBC presenter Kaye Adams wins IR35 case

Radio presenter Kaye Adams has won her IR35 case at the Upper Tribunal as judges rule that the BBC was not required to treat her as a PAYE employee

23 Feb 2021

Tax

Personal Tax

Case Reports

Image for file self assessment tax returns now prevent penalties

Tax | File self assessment tax returns now to prevent penalties

Self assessment taxpayers have less than one week to submit their late tax returns by 28 February to prevent a £100 late filing penalty

23 Feb 2021

Tax | Navigating IR35 and the status determination system: part 2

With the off-payroll working rules due to come into effect from April, Michael Paulin considers how to advise a client on the tax status of someone who is not your client

23 Feb 2021

Tax | Q&A: VAT construction domestic reverse charge

In our regular Q&A series, Croner Taxwise VAT adviser Tony Chamberlain, examines the rules on the construction domestic reverse charge and sets out VAT compliance requirements in five different scenarios

23 Feb 2021

Tax

VAT

Tax Compliance

Image for stamp duty holiday drives property sales

Tax | Stamp duty holiday drives property sales

The stamp duty holiday, which is due to end in March, has restored housing transactions to the highest level since 2007 with tax take hitting £1.35bn in the last quarter

22 Feb 2021

Tax | HMRC big business investigations take up to four years

HMRC’s enquiries into big businesses’ tax affairs have now been open for an average of 45 months, up from 43 months last year as the tax authority struggles to clear a backlog of complex tax disputes, says law firm Pinsent Masons

22 Feb 2021

Tax

Business Tax

Tax Compliance

Image for student loan thresholds set rise 6 april 2021

Tax | Student loan thresholds set to rise from 6 April 2021

The thresholds for student loans will increase from the new tax year in April, affecting any employees paying off their academic fees, while interest rates remain at 9%

22 Feb 2021

Tax

Employment Tax

Tax Compliance