HMRC has confirmed it will reject any company accounts or tax computations submitted in non-iXBRL format from 1 November 2017 unless a specific exception applies

HMRC has updated its guidance on the fees payable when registering for anti-money laundering supervision, and how to pay them, including details of a new £40 approval fee payable by accountancy services providers

Relocating to the UK on a temporary work assignment for an international company, or even on a contractor basis, raises a number of income tax and NICs' issues for short-term business visitors, explains Mansel Turnham CTA ATT, corporate tax senior manager at Mercer & Hole

The 31 October deadline to submit your paper self assessment return is approaching and ICAEW is reminding everyone to face their demons and avoid a nightmare by finding out what you need to do ahead of the Halloween deadline

The Upper Tribunal has dismissed an appeal by the Clavis Liberty Fund 1 Partnership scheme, in a ruling HMRC expects to protect £325m in tax

HMRC’s tax take has seen its biggest jump since the recession in the last year, rising by £35.6bn, with a 10% hike in revenue from national insurance contributions (NICs) while higher rates of property tax have raked in £1.1bn in additional revenue

HMRC is consulting on draft guidance covering new legislation on enablers of defeated tax avoidance schemes which will be introduced once Finance Bill (No.2) 2017 receives Royal Assent, and which could see accountants and lawyers liable for penalties as a result of providing contentious advice in this area

Amazon’s announcement that it is looking for a US city in which to set up HQ2 and its requirement that the chosen location is ‘business friendly’ has sparked controversy over whether the contenders should offer tax breaks and other financial incentives

HMRC’s own computer systems have been unable to deal with the slew of changes to dividends and interest income introduced for the year ended 5 April 2017 so it is having to take swift action to address the problems, warn RSM head of tax risk and investigation Mike Down and tax manager Sarah Saunders

The US Internal Revenue Service (IRS) has announced it will not accept electronically filed tax returns for taxpayers who do not include information about the health coverage requirements of the Affordable Care Act (ACA), starting from the upcoming 2018 filing season

HMRC has been too slow to address the problems of online VAT fraud by overseas sellers and its estimates of the tax loss are ‘out of date and flawed’ according to a report from the public accounts committee (PAC), which says the current uncertainty over the terms of the UK’s withdrawal from the EU risks making the problems worse

Governments have dismantled, or are in the process of amending, nearly 100 preferential tax regimes as a result of the introduction of the base erosion and profit shifting (BEPS) standards to improve the international tax framework, according to a progress report from the OECD