Tax | Inheritance tax rate double EU average

Inheritance tax rate is almost double the average rate paid by our EU neighbours, as the UK pays 23.9% compared to Germany’s 13.2% rate

16 Dec 2019

Tax

Personal Tax

Tax Planning

Tax | Conservatives plan minor cabinet reshuffle

As the Conservatives returned to parliament with an 80-seat majority and Brexit scheduled for 31 January, Boris Johnson confirmed there would be a minor Cabinet reshuffle next week

13 Dec 2019

Tax

Politics

Tax | Lloyd Webbers beat HMRC in £6m Barbados CGT case

Musical impresario Andrew Lloyd Webber has won a tax case against HMRC over a claim for a capital gains tax rebate over development of a luxury beachside mansion in Barbados which was never completed  

13 Dec 2019

Tax

Property Tax

Tax Compliance

Case Reports

Law and Regulation

Tax | Tips and advice: saving tax on corporate Christmas

With the festive season in full swing, Jonathan Amponsah CTA FCCA, CEO of The Tax Guys, gives a rundown on nine tax-deductible savings available to businesses from Christmas parties to tax-free staff awards and client gifts

13 Dec 2019

Tax

Business Tax

Employment Tax

Personal Tax

Tax Compliance

Tax | What do you think of Making Tax Digital?

CIOT and the ATT are running an online survey for tax professionals and businesses to provide feedback about their experiences of Making Tax Digital for VAT

12 Dec 2019

Tax

Making Tax Digital

Technology

Tax | HMRC raises £95m through taxpayer plea bargains

HMRC is less keen to enter into plea bargain style agreements in tax avoidance cases, because it now has more taxpayer data available even though each case generates over £200,000 

12 Dec 2019

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Off-payroll working rules: IR35 checklist for contractors - part 3

Jonathan Amponsah CTA FCCA of The Tax Guys examines the IR35 changes to off-payroll working for private companies from the contractor’s perspective from what the new rules means to the tax implications, potential penalties and risks

12 Dec 2019

Tax

Employment Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | HSBC Swiss bank to pay $192m over US tax evasion

HSBC’s private Swiss bank is to pay $192.35m to settle charges brought by the US authorities that it conspired with US taxpayers to evade taxes over a period of ten years

11 Dec 2019

Tax

International Tax

Tax Compliance

Law and Regulation

Tax | HMRC faces 460k requests for income tax refunds

Around 460,000 people chased HMRC for refunds on overpaid income tax in the year 2018/19, according to an FOI request by insurance company, Royal London

11 Dec 2019

Tax

Personal Tax

HMRC

Tax Compliance

Pensions

Tax | SDLT pitfalls of buying a second home

With the Conservatives promising a 3% surcharge on foreign property buyers and complex tax rules around purchase of second homes, Croner-i tax writer Zigurds Kronbergs examines the potential pitfalls for property owners

11 Dec 2019

Tax

Property Tax

Tax Compliance

Tax Planning

Tax | Q&A: VAT and setting up an Amazon reseller

In our regular Q&A series from Croner Taxwise, Hilary Budd gives pointers on VAT compliance obligations to consider when starting to sell via Amazon Marketplace as a third party seller

10 Dec 2019

Tax

Personal Tax

VAT

Tax | Election 2019: how party tax policies stack up

Zak Jakubowski examines the tax plans of the main political parties and their impact on businesses and individual taxpayers. Plus, download our quick party-by-party guide on tax pledges

10 Dec 2019

Tax

Politics

Tax | OECD countries’ tax revenues flatten out

Tax revenues in advanced economies reached a plateau during 2018, ending the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis, according to the OECD’s latest research

10 Dec 2019

Tax

International Tax

Tax | PAYE compliance after business mergers clarified

HMRC has clarified the rules on the treatment of PAYE employees and full payment submissions (FPS) in the event of business merger or company change of ownership

9 Dec 2019

Tax

Employment Tax

Tax Compliance

Law and Regulation

Tax | High end dating site loses VAT dispute

An upmarket matchmaking business has failed in its bid at a First Tier Tribunal (FTT) to overturn a demand from HMRC for VAT due on the services it provides

9 Dec 2019

Tax

VAT

Case Reports