The Chancellor of the Exchequer, Philip Hammond, has announced that the government will publish its next Autumn Budget on Monday 29 October 2018, leaving only four weeks for preparation
HMRC’s use of informants to catch tax evaders raises complex legal and ethical issues, suggest Adam Craggs, partner, and Michelle Sloane, senior associate at RPC
HMRC has updated its guidance on the rules around corporate interest restriction (CIR) on deductions for corporation tax with just a week before the reporting deadline for March end figures, to clarify how to work out a company’s or group’s interest allowance
Bill Dodwell LLB CTA, senior policy adviser at the Office of Tax Simplification (OTS), discusses attempts to reform private sector IR35 rules and what needs to be changed so that employees are identified seperately to the self-employed
There are tax implications from capital gains tax to stamp duty land tax when property owners decide to swap ownership, explains Steven Jones, tax adviser at Croner Taxwise
A contractor who worked for HMRC has successfully claimed over £4,000 at an employment tribunal after the tax authority insisted she was not self-employed under IR35 rules but failed to make arrangements for holiday pay
In a speech at the Labour party conference in Liverpool, the shadow chancellor made the case for legislation that would give workers more of a stake in business, and discussed the wider application of the Fair Tax Mark
Anyone whose tax circumstances have changed in the past year and now earns more than £2,500 from rented property, owns shares or is hit by the higher income child benefit charge needs to register for self assessment to avoid automatic penalties
Justin Stevenson, associate director at RSM, discusses the requirement to correct (RTC) rules and how they will affect taxpayers with assets overseas, such as bank or investment accounts, or holiday homes that have been rented, as well as those overseas with a liability to UK tax, need to take note of 30 September deadline
HMRC identified a record £15.6m of underpayments for workers on the minimum wage this year, which saw some 600 employers fined £14m not meeting legal obligations
HMRC hauled in almost a third more from each criminal investigation it launched last year, with the average tax take rising from £1.9m in 2016/17 to £2.5m, according to analysis by UHY Hacker Young
European Commission analysis shows EU countries lost almost €150bn (£134bn) in VAT revenues in 2016, with the UK and Ireland among a minority of six member states to report an increase in the ‘VAT gap’ between expected revenue and the amount actually collected
HMRC is urging millions of employees such as nurses, hairdressers and construction workers to go online and directly check if they can claim extra cash back for work-related expenses, amid concerns they could be missing out on their full tax relief entitlement by using agencies instead
HMRC’s latest list of major tax defaulters is topped by a telecommunications company owing £2.7m on £4.3m unpaid tax, followed closely by an online trader owing £2.6m, with a raft of restaurants and takeaways, as well as an accountancy service and financial instruments provider, also featuring
A lengthy investigation by the European Commission has concluded that Luxembourg did not offer illegal state aid to McDonald’s with favourable tax treatments, and the reason for the double non-taxation was down to a mismatch between Luxemburg and US tax rules
Starbucks has come under further fire over its tax policies after analysis showed the US chain’s European business paid just $5.9m (£4.47m) of tax in the UK on profits of $213m (£161m) last year