Tax

Latest news

Image for jersey drop husbands consent over wives tax

Tax | Jersey to drop husbands’ consent over wives’ tax

Next week will see Jersey’s States Assembly debate changes to the archaic law on married women’s taxation, with a view to ending the current arrangement whereby wives need their husband’s consent to file their own tax return

27 Jan 2020

Tax | Homeowners warned on ‘seismic’ shift in CGT rules

Homeowners have just over two months to prepare for introduction of the 30-day payment window for capital gains tax on property sales

27 Jan 2020

Tax | Over three million still to submit tax returns

More than three million taxpayers are yet to send in their 2018-19 tax returns and have just one week left to the 31 January deadline, HMRC warns

24 Jan 2020

Tax | Fast food boss banned for accounting failure

The director of a Walsall takeaway has been disqualified by the courts for seven years after the Insolvency Service found he had failed to maintain accounting records

24 Jan 2020

Tax | VAT pitfalls – prevention better than cure

Falling foul of the VAT rules can be an expensive mistake, resulting in an unwanted HMRC penalty or inspection visit. Robert Marchant, VAT partner at Crowe, runs through some fundamentals on compliance from property transactions to import VAT reclaims and intra-group arrangements

24 Jan 2020

Tax | Recruitment bosses call for delay to IR35 for private sector

A group of industry leaders have written to the Chancellor criticising the IR35 rule changes to off-payroll working for the private sector and calling for a one-year delay to introduction

23 Jan 2020

Tax | Taxman to invest £100k in tracking tool to curb crypto asset crime

HMRC is ramping up the technology it uses to track investors in cryptoasset transactions using blockchain, with plans to buy a software analysis tool

23 Jan 2020

Tax | Framework for UK/EU double taxation dispute resolution

HMRC has outlined proposals for new regulations designed to provide a more efficient framework for the resolution of double taxation disputes arising between the UK and other member states post-Brexit

23 Jan 2020

Tax | Off-payroll working rules: IR35 and mutuality of obligation – part 5

From April 2020, off-payroll working rules will be extended to the private sector. Caroline Harwood, partner and head of employment tax at Crowe UK, explains how mutuality of obligation could be a decisive factor when determining employment status

23 Jan 2020

Tax | IR35 draft legislation out for consultation

HMRC has published draft secondary legislation with a four-week window for feedback from stakeholders despite being mid-way through a government review of the rules

22 Jan 2020

Tax | Digital services tax will be temporary

The Chancellor has given the April digital services tax for multinationals the go ahead at the World Economic Forum, but only a short-term basis

22 Jan 2020

Tax | Sugar tax should net pre-mixed alcoholic drinks

An anti-sugar lobby group is calling for the government to extend the parameters of the sugar levy to cover pre-mixed alcoholic and energy drinks which are packed with hidden sugar

22 Jan 2020

Tax

Business Tax

Image for time pay arrangements individual taxpayers clarified

Tax | Time to pay arrangements for individual taxpayers clarified

HMRC has issued guidance for individual taxpayers on how to settle a tax debt using a negotiated time to pay arrangement

22 Jan 2020

Tax | HMRC opens 300,762 self assessment investigations

Taxpayers who have yet to file before the January 31 deadline are being warned to make sure their information is accurate, despite the tight deadline, as HMRC opened over 300,000 investigations into self assessment tax returns in the last year

22 Jan 2020

Tax | VAT treatment of recharged salary costs

Employee salary costs can be liable for VAT when recharged between subsidiaries and related companies. Sarah Kay examines potential pitfalls for employers from risks for group payroll functions to distinctions of supply of staff or supply of services

22 Jan 2020

Tax | US and France negotiate digital tax agreement

There are signs that France and the US are looking for a way to end their dispute over French plans to introduce a digital tax, which has seen the US threaten retaliatory tariffs on French products

21 Jan 2020

Navigate

Tax Services

Latest news

Tax | Jersey to drop husbands’ consent over wives’ tax

Tax | Homeowners warned on ‘seismic’ shift in CGT rules

Tax | Over three million still to submit tax returns

Tax | Fast food boss banned for accounting failure

Tax | VAT pitfalls – prevention better than cure

Tax | Recruitment bosses call for delay to IR35 for private sector

Tax | Taxman to invest £100k in tracking tool to curb crypto asset crime

Tax | Framework for UK/EU double taxation dispute resolution

Tax | Off-payroll working rules: IR35 and mutuality of obligation – part 5

Tax | IR35 draft legislation out for consultation

Tax | Digital services tax will be temporary

Tax | Sugar tax should net pre-mixed alcoholic drinks

Tax | Time to pay arrangements for individual taxpayers clarified

Tax | HMRC opens 300,762 self assessment investigations

Tax | VAT treatment of recharged salary costs

Tax | US and France negotiate digital tax agreement