HMRC has set up a specialist team to probe the tax affairs of ultra-high net worth individuals, as it extends efforts to crackdown on possible tax avoidance by some of the UK’s wealthiest families
Entrepreneurs’ relief should be reshaped to inspire budding entrepreneurs rather than acting as a way to top up pension pots, argues Phil Hall, head of public affairs, AAT
The OECD plans to develop a single set of reporting rules for countries to use to collect information about sales made via online platforms to assist future tax collection
The Cayman Islands has been put on an EU blacklist of tax havens, the first UK overseas territory to be named and shamed for failing to crack down on tax abuse
The abolition of ESC D49 in the upcoming Finance Bill will remove a useful tax break for home owners who cannot immediately move into their homes due to late-running renovations. Yvette Nunn CTA explains
Telecom giant Vodafone’s Indian operations are in jeopardy following a court ruling requiring the company to immediately pay billions in unpaid tax and interest
The Country Land and Business Association (CLA) is calling for an overhaul of the tax system for rural businesses particularly in light of Making Tax Digital for income tax plans
The twice-delayed changes to national insurance contributions (NICs) on termination payments are finally scheduled to come into effect in April. Martin Jackson ATT, head of employment taxes at Croner-i, explains
The Budget is to go ahead as planned on 11 March, despite the upheaval following the resignation of Sajid Javid, new chancellor Rishi Sunak has confirmed
Tax reforms are starting to have an impact on the property investment market, with the estimated number of landlords in the private rental sector falling to a seven-year low
In our regular Q&A series from Croner Taxwise, tax adviser, Ibrahim Nalla explores the implications of capital gains tax on gift giving after compliance changes which will apply from April 2020
Take up of the government’s tax-free childcare (TFC) scheme, intended to replace childcare vouchers, has been hampered by a lack of understanding about who is eligible and the financial benefits
Tax reliefs introduced to support government economic and social objectives now cost £155bn a year, but the HMRC and the Treasury are failing to monitor and evaluate the spiralling costs, and need to make substantial progress in improving how these are managed