HMRC has published draft regulations and a draft explanatory memorandum setting out how companies can enter into simplified arrangements in respect of claims and surrenders of group relief for carried-forward losses, which are designed to reduce the administrative burden

The Treasury Committee is launching a new inquiry into the student loan system and related financial implications, including the repayment threshold, interest rates, tuition fees, and the impact on university finances

HMRC has won a landmark Alchemy case against a tax avoidance scheme promoter who failed to meet the Disclosure of Tax Avoidance Scheme (DOTAS) rules in a tribunal ruling that could lead to the recovery of £110m

HMRC has announced a technical consultation on two draft statutory instruments regarding the soft drinks industry levy which is being introduced from April 2018

The Criminal Finances Act 2017 has a wide reach and the potential to net any accountant and tax adviser, warns David Sleight, partner at law firm Kingsley Napley 

A First Tier Tribunal (FTT) has found that well-known actor Robert Glenister was within the National Insurance Contribution (NIC) intermediary rules when he was paid via a personal services company (PSC), in a ruling which may have implications for a number of other self-employed entertainers

Nearly 80% of accountants still rely on spreadsheets and one in five (18%) still use paper ledgers despite 60% saying that the finance and accounting profession is at a technological tipping point, according to research from software provider Xero

HMRC is planning a research project looking at tax compliance behaviours amongst the very wealthiest individuals, which it concedes are a ‘hard to reach group’, with a view to investigating ways to improve it

The International Monetary Fund (IMF) is calling for developed countries to consider introducing higher income tax rates for the wealthiest, arguing the evidence suggests this would help reduce inequality without having an adverse impact on growth, contrary to received thought

Online platform eBay has found itself facing scrutiny over its tax policies, after its UK business paid £1.6m in tax last year, even though its US parent reported total revenues from its UK operations of $1.32bn (£1bn)

Recent tax changes and other government moves designed to cool the buy-to-let market are starting to have an effect, with an increase in the number of landlords with significant property portfolios wishing to downsize, but concerns around potential capital gains tax (CGT) liabilities are increasing, law firm Irwin Mitchell Private Wealth reports

As the first HMRC simple assessments are sent out, Meg Wilson CTA explains how they work for affected taxpayers including new pensioners and anyone who has underpaid PAYE and what action they need to take as they are pulled into the first wave of implementation, effectively seeing the abolition of their annual tax return