In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from PAYE cheque payments to corporation tax fourth quarterly instalments
In our weekly Q&A, Pras Patel, tax advice consultant at Croner Taxwise, examines the rules relating to the Self-Employment Income Support Scheme (SEISS), grant eligibility and trading profits
As the Chancellor Rishi Sunak prepares to deliver his latest Budget on 3 March 2021, there is growing speculation that he may look to increase the UK’s corporation tax rate. Rob Chedzoy, tax partner at Milsted Langdon, questions the timing
Latest HMRC performance figures lay out the impact of Covid-19 during a unique financial year, resulting in ‘abnormally’ high debt levels, a sharp drop in tax receipts and a decline in customer service
HMRC has signed a £3m contract for open banking services, the government’s largest to date, with start-up fintech Ecospend, in a bid to streamline its payment processes and reduce errors
Sarah Kay, VAT expert at Croner-i, reviews the VAT and customs treatment of sales of goods between Great Britain and Northern Ireland now that the UK has fully left the EU and the Northern Ireland Protocol has been agreed
EY is to acquire the personal tax services business of Frank Hirth, a specialist accountancy practice providing UK and US personal tax services, in a bid to build up its profile in the private client business market
Stephanie Webber CTA, tax writer at Croner-i, looks at the possible availability of business property relief on furnished holiday lettings in the light of recent case law
The number of people who failed to submit a self assessment tax return by the statutory deadline has shot up, nearly doubling at 1.8m or almost 15% of those due to file
Companies facing insolvency are now affected by the return of HMRC’s preferential status as a creditor, limiting their ability to negotiate a company voluntary arrangement (CVA). Lee Manning, partner at ReSolve, explains the changes
In our regular Q&A series, Pras Patel, tax advice consultant at Croner Taxwise, provides an at a glance guide to current and upcoming changes to the furlough rules
A record £4.1bn in tax was deferred in the run-up to the 31 January self-assessment deadline, according to data obtained by Price Bailey, which warns that some taxpayers will struggle to meet larger than usual payment demands
VAT expert Graham Elliott, head of City and Cambridge Consultancy, analyses VAT compliance rules on second hand car dealers in Northern Ireland to a tribunal ruling on Colchester Institute
Key elements of this year’s Scottish Budget include no changes to income tax rates, non-domestic rates relief for the sectors worst affected by Covid and compensation for a council tax freeze