HMRC has published updated guidance for mail order retailers and others, clarifying its policy regarding when goods are supplied on approval and the VAT liability of the delivery charges for these goods

The US Treasury has extended the deadline for the Report of Foreign Bank and Financial Accounts (FBAR) to October 2018

HMRC is able to cancel a company’s gross payment status for the purposes of the construction industry scheme (CIS) without considering whether it would have a seriously detrimental effect on the business, the Supreme Court has decided

The Low Income Tax Reform Group (LITRG) is cautioning the Treasury against reducing the VAT registration threshold in the near future, as there are so many fundamental changes on the horizon for small businesses to get to grips with in the next few years, such as Brexit and HMRC’s Making Tax Digital programme

The Office of Tax Simplification (OTS) has published a review on simplifying tax relief for fixed assets, exploring the impact and issues involved in replacing capital allowances with accounting depreciation

HMRC has claimed victory in the Supreme Court in a long running battle which will see property developers pay £50m of stamp duty land tax (SDLT) on the purchase of the former Chelsea Barracks in London more than ten years ago

Latest HMRC figures show an estimated £33bn tax gap in the UK in 2016-17, amounting to 5.7% of total theoretical tax liabilities and the same level as the previous year, with small businesses responsible for 41% of the tax not collected

Ireland faces an ‘unacceptable level of risk’ to its tax base because of the ‘volatile and highly concentrated nature of corporation tax receipts’, and the government should consider moves to address this, an investigation by the public accounts committee (PAC) has warned.

The Scottish government has confirmed that it will introduce legislation clarifying that a tax exemption for businesses transferring ownership of property within a group of companies using shares as financial security has been available since the introduction of Land and Buildings Transaction Tax (LBTT) in 2015

Andy White, senior partner at CBW, examines whether the tax authority’s latest attempts to clampdown on tax avoidance through a curb on profit fragmentation are really necessary and, more importantly, how they could fundamentally infringe upon taxpayers’ rights

The Supreme Court has dismissed Pimlico Plumber’s appeal and has ruled that a plumber can be classed as a ‘worker’ rather than self employed, in a landmark ruling which will have wider implications in the gig economy

Paul Davies, tax writer at Croner-I, takes a closer look at recent development in relation to the four Base Erosion and Profit Shifting (BEPS) minimum standards covering transfer pricing, country by country reporting and dispute resolution