Tax

Latest news

Image for hmrc challenged over customs declarations system

Tax | HMRC challenged over customs declarations system

HMRC has come under fire from MPs over delays to the development of its new customs declaration service (CDS) and its failure to communicate with businesses about potential changes to customs processes in the event of a ‘no deal’ Brexit

8 Oct 2018

Tax | The tax implications of creating a permanent establishment

Allan Cinnamon, former head of international tax at BDO, looks at the case of a niche book business navigating cross-border distribution, and tax in foreign jurisdictions, by establishing an international presence

8 Oct 2018

Tax | Knight and Morton set to leave Office of Tax Simplification

There is a shakeup at the top of the Office of Tax Simplification (OTS) as chair Angela Knight and tax director Paul Morton have both announced that they will be leaving the organisation for personal reasons

5 Oct 2018

Leadership & Management

Image for tax collection help developing countries proving effective

Tax | Tax collection help for developing countries proving effective

An international initiative that assists developing countries to effectively tax multinational businesses has met with considerable success in generating additional revenue

5 Oct 2018

Tax | Making Tax Digital for VAT - practical examples

Stan Dencher, specialist tax writer at Croner-i examines some practical examples of how Making Tax Digital for VAT will change the way companies submit their quarterly VAT numbers via digital reporting from 1 April 2019

4 Oct 2018

Tax | Brexit: tax implications for EU employees living and working in the UK

Jackie Hendley, head of tax at accounting firm Smith Cooper, explores the potential UK tax issues of Brexit, in particular what a No Deal Brexit might mean for EU employees living and working in the UK in terms of PAYE, NICs and short-term business visitors

4 Oct 2018

Leadership & Management

Image for avalara launches free excel add making tax digital vat

Tax | Avalara launches free Excel Add-In for Making Tax Digital for VAT

US software developer Avalara is set to disrupt the market with the launch of a free Excel extension for Making Tax Digital for VAT which will allow companies to upload Excel data directly into HMRC's VAT filing API using a Microsoft Add-In, reports Sara White

3 Oct 2018

Tax | Contractors plan Judicial Review against HMRC over loan charge

A pressure group representing the self employed and freelancers plans to launch a judicial review against HMRC’s 2019 Loan Charge which will affect up to 50,000 contractors

3 Oct 2018

Tax | AAT blames super-rich for UK housing crisis

Accountants have given their backing to the government’s plans to impose additional stamp duty on foreign buyers of UK properties, saying the ‘super-rich’ are exacerbating the UK’s housing shortage

3 Oct 2018

Tax | Global corporation tax variance hard to predict for Irish companies

Estimating varying rates of corporation tax across numerous entities is proving a principal risk for almost two thirds of Irish companies, according to a new survey

3 Oct 2018

Tax | Fuel duty freeze to continue

The government has frozen fuel duty for the ninth year in a row in a move that it says will make life easier for ‘hardworking families’

3 Oct 2018

Tax | Scotland rethinks introduction of tourism tax

The Scottish government appears to be softening its stance on the introduction of a tourist tax and plans to publish a consultation on the propsals

2 Oct 2018

Tax | Treasury unveils reforms to apprenticeship levy

The government has raised the amount of the apprentice levy that larger companies can transfer to smaller firms in their supply chain from 10% to 25% in a bid to make the scheme more accessible

2 Oct 2018

Tax | 53% of accountants’ clients ready for Making Tax Digital launch

Significant numbers of accountants’ clients are still struggling to prepare for the advent of Making Tax Digital for VAT, which is now only six months away, according to the Association of Accounting Technicians (AAT)

2 Oct 2018

Tax | Q&A: VAT liability when working on goods from outside the EU

What happens when a client has a high performance sports car, for example, which can only be serviced in the UK, and they live in Guernsey. Arti Sonpal, tax adviser at Croner Taxwise, asks whether VAT is liable for the work

2 Oct 2018

Tax | Master trusts must register with The Pensions Regulator

Changes to the rules about pension master trusts come into force on 1 October increasing protection for pension savers through mandatory registration with The Pensions Regulator (TPR) and tougher governance standards

2 Oct 2018