Tax

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Tax | OECD digital services tax project slows

The OECD’s plans for reaching a consensus-based global approach to taxing digital services have been delayed, with no agreement now likely before mid-2021, despite analysis suggesting up to $100bn (£77bn) is at stake annually, an update on progress has revealed

14 Oct 2020

Making Tax Digital

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Tax | One week until ‘gloves off’ HMRC furlough investigations

It's only one week until the end of the 90 day period (Tuesday 20 October) for individuals and businesses to disclose incorrect furlough claims to HMRC, or risk HMRC probe

13 Oct 2020

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Tax | HMRC slips up in skating rink VAT appeal

A tribunal has ruled that children’s ice skates can be hired without VAT, even when included in a skating session package. RSM’s Sarah Halsted reviews the judges’ score

13 Oct 2020

Law and Regulation

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Tax | Q&A: temporary rate-reduction and multiple-dwellings relief

In our regular Q&A series, Croner Taxwise, tax advice consultant Roger Bradbury, explains how multiple dwellings relief would work in a purchase following the temporary stamp duty land tax (SDLT) rate changes

13 Oct 2020

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Tax | HMRC warns university students over tax scams

As students return to university at the start of the new academic year, HMRC is highlighting that they could be targeted by a fresh wave of tax scams

12 Oct 2020

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Tax | Multiple jobs force tax and pay admin shift

The rise of the self-employed ‘quantum worker’, who takes on multiple assignments, demands a change in how businesses manage their payroll and tax management, says John Whelan, CEO of My Digital

12 Oct 2020

Leadership & Management

Image for surreys stockbroker belt uk income tax hotspot

Tax | Surrey’s stockbroker belt is UK income tax hotspot

The ‘stockbroker belt’ dominates the ranking of the UK’s top ten towns with the biggest income tax bills, with taxpayers in these areas paying triple the UK average, according to research by UHY Hacker Young

9 Oct 2020

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Tax | Self assessment ‘time to pay’ threshold raised to £30,000

HMRC has made it easier for self assessment taxpayers to pay the tax they owe incrementally on a monthly basis, by extending the threshold for ‘time to pay’ applications, as part of efforts to ease financial stresses cause by the pandemic

5 Oct 2020

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Tax | Year-end tax planning for companies - CPD module – NEW

This month's exclusive Accountancy Daily CPD module focuses on how to carry out an effective pre-year end review of the company’s tax affairs

1 Oct 2020

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Tax | VAT updates: September 2020

In this month’s round up of VAT cases, Graham Elliott considers compensation payments, charity advertising, legal fees and whether a houseboat is a building

1 Oct 2020

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Tax | Northern Ireland Trade Support Service goes live

The government is urging businesses to sign up to the new free-to-use Trader Support Service with fewer than 100 days until end of Transition period

30 Sep 2020

International Tax

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Tax | Airbnb pays additional £1.8m UK tax

Airbnb UK paid an additional £1.8m in tax last year, following an HMRC investigation into the company’s UK tax arrangements

30 Sep 2020

Image for eu travel business vat scheme fuels brexit uncertainty

Tax | EU travel business VAT scheme fuels Brexit uncertainty

With the 31 December Brexit leaving date fast approaching, UK travel operators facing a complex and uncertainty future under the TOMS scheme, including the possibility of registering in all 27 remaining EU states says Sovos Accordance’s Alex Smith

30 Sep 2020

International Tax

Image for qa vat implications successful hobby

Tax | Q&A: VAT implications of a successful hobby

In our regular Q&A series, Croner Taxwise explores the VAT implications for income earned relating to a hobby, for example prize money, participation fees and sponsorship

29 Sep 2020

Image for president trump paid no income tax 11 years

Tax | President Trump ‘paid no income tax’ for 11 years

Donald Trump paid just $750 (£581) in federal income tax the year he became US president, and made no payments in 11 other earlier years, according to US news media reports

28 Sep 2020

Image for victory vodafone indian tax dispute

Tax | Victory for Vodafone in Indian tax dispute

Vodafone has won a long-running tax case in India over some £2.4bn of tax imposed by the authorities there following the telecom giant’s acquisition of a local operator over a decade ago

28 Sep 2020

International Tax

Law and Regulation

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