Tax | Stanier to replace Harra as head of tax strategy

HMRC has named internal candidate Ruth Stanier as the department’s new director general of customer strategy and tax design, replacing Jim Harra who left the job eight months ago

12 Jun 2018

Tax

HMRC

Business

Careers

Leadership & Management

Tax | AAT calls for scrapping of inheritance tax reliefs

Many of the current exemptions and rules around inheritance tax (IHT) are too complicated, not widely understood and should be scrapped according to the Association of Accounting Technicians (AAT), which says there is a case for getting rid of IHT altogether

12 Jun 2018

Tax

Personal Tax

HMRC

Tax Compliance

Tax Planning

Tax | Deloitte UK signs BAL deal on immigration compliance

Deloitte UK and law firm Berry Appleman & Leiden LLP (BAL) have set up an alliance to offer an immigration service for global employers

11 Jun 2018

Tax

Employment Tax

Tax Compliance

Business

Companies

Accountancy Firms

Careers

Tax | Tax compliance for non-doms becoming UK resident

As tax residency and jurisdiction becomes increasingly political, Chris Downing, tax director at Inspire Accountants, considers the treatment of high net worth individuals coming to the UK, based on the position of a non-domiciled individual becoming resident in the UK for tax purposes

11 Jun 2018

Tax

Personal Tax

International Tax

HMRC

Tax Compliance

Tax Planning

Tax | Four-month extension to disguised remuneration loan settlement offer

HMRC has extended the deadline for contractors and others who have used disguised remuneration loan schemes by an additional four months to take advantage of a settlement opportunity announced late last year, by extending the deadline for providing information to 30 September

8 Jun 2018

Tax

Business Tax

HMRC

Tax Compliance

Tax Planning

Tax | Buy-to-let landlords face shorter CGT payment window

Owners of second homes and buy-to-let (BTL) landlords face a much shorter period in which to pay any capital gains tax (CGT) due on property sales from April 2020, the Association of Taxation Technicians (ATT) is warning

8 Jun 2018

Tax

Property Tax

HMRC

Tax Compliance

Tax Planning

Tax | HMRC consults on construction services VAT reverse charge

HMRC has opened a six-week technical consultation on draft secondary legislation for a VAT reverse charge on certain construction services, which is intended to remove the opportunity for fraudsters to charge VAT and then go missing before paying it over to the Exchequer

7 Jun 2018

Tax

VAT

HMRC

Consultations

Tax | Call for all companies to disclose tax planning

There is strong public support for more robust UK government intervention to encourage responsible tax planning by business, according to research from the Fair Tax Mark

7 Jun 2018

Tax

Business Tax

HMRC

Tax Compliance

Tax Planning

Tax | HMRC above average on gender diversity

HMRC employs more women than the average across the civil service but has not achieved gender parity at the highest levels of the department, according to analysis from a new civil service diversity and inclusion dashboard

6 Jun 2018

Tax

HMRC

Business

Careers

Leadership & Management

Tax | EU mandatory tax disclosure rules in force

HMRC is flagging up changes to the EU mandatory disclosure rules which mean there are new requirements starting this month with intermediaries having to report certain cross border, tax-planning arrangements to tax authorities, in a bid to tackle aggressive tax avoidance

6 Jun 2018

Tax

HMRC

Tax Compliance

Tax Planning

Law and Regulation

Tax | Aston Villa football club facing £4m tax bill

Championship side Aston Villa has received a £4.2m tax bill and could face a winding up order from HMRC if it does not make payment within seven days, while the football club has admitted that its failure to win promotion to the Premiership has created financial difficulties

6 Jun 2018

Tax

Business Tax

HMRC

Tax Compliance

Tax Planning

Tax | Curran: why extending offshore limit to 12 years is wrong decision

Government plans to extend offshore time limits for non-tax compliance to minimum 12 years have been met with strong opposition, says CIOT technical officer Margaret Curran CTA

6 Jun 2018

Tax

Personal Tax

International Tax

HMRC

Tax Compliance

Tax Planning

Consultations

Tax | IRS offers waivers over repatriation tax

The Internal Revenue Service (IRS) is to offer waivers for expatriate Americans who faced late payment penalties relating to the new 15.5% one-off ‘transition tax’ on untaxed foreign earnings, introduced in the landmark Tax Cuts and Jobs Act at the end of last year

5 Jun 2018

Tax

International Tax

Tax Compliance

Tax Planning

Tax | Cannabis tax ‘could bring in £3.5bn’

The Treasury stands to collect between £1.4bn and £3.5bn annually if it introduced a tax on cannabis sales, based on analysis of the tax take from other regulated markets, according to the charity Health Poverty Action

4 Jun 2018

Tax

Business Tax

Tax Compliance

Tax Planning

Tax | HMRC crackdown on scam websites saves £2.4m

HMRC has revealed it has saved the public over £2.4m by tackling fraudsters that trick the public into using premium rate phone numbers for services that HMRC provide for free

4 Jun 2018

Tax

HMRC