Tax

Latest news

Tax | Election: the tax snapshot

As the June snap election looms, Calum Fuller asks tax advisers what tax policy they are looking for from the new government with certainty and a stop to the constant changes to tax rules at the top of the agenda

5 Jun 2017

Tax | Elliott: ancillary supplies get a break in Brockenhurst

Graham Elliott, VAT specialist and director at City & Cambridge Consultancy, reviews the case for removing VAT for student provided meals and entertainment performances at Brokenhurst College

5 Jun 2017

Tax | Dodwell: common sense prevails over College VAT charges

A sensible VAT ruling at the tax tribunal gives colleges a welcome respite, says Bill Dodwell, partner at Deloitte as he reviews the implications of the Brokenhurst College case

5 Jun 2017

Tax | Conservative Craig MacKinlay charged over 2015 election expenses

An ICAEW member and Conservative candidate for South Thanet has been charged for alleged overspending in his 2015 election campaign

2 Jun 2017

Tax

Politics

Business

Image for it problem hmrcs free corporation tax returns service

Tax | IT problem with HMRC's free corporation tax returns service

Despite efforts to move all tax transactions online, HMRC continues to experience IT problems, with the free corporation tax online return service failing to display the final submission status during filing, meaning that company filers will have to double check submissions

2 Jun 2017

Tax | Trump’s tax policy boost for UK-based Americans

US citizens living in the UK could be in line for reduction in their tax bills worth between $500 (£388) and $1,000 per year, according to London-based firm Bambridge Accountants

2 Jun 2017

Tax

Personal Tax

International Tax

Image for irish revenue rejects post brexit customs posts

Tax | Irish Revenue rejects post-Brexit customs posts

The chair of Ireland's Revenue Commissioners has said he is almost ‘100% certain’ that there will be no additional customs posts placed along the border with Northern Ireland post-Brexit

2 Jun 2017

Tax | Bahamas set to sign OECD taxpayer data sharing convention

The Bahamas is planning to sign the OECD treaty agreement to share information on taxpayer details to curb tax evasion, which would give tax authorities more tax transparency over the offshore financial centre

2 Jun 2017

Tax | MEPs vote to reduce VAT on ebooks to match printed rates

The European parliament has voted in favour of allowing member states to reduce the chargeable rate of VAT on ebooks to match printed book rates

2 Jun 2017

Tax

VAT

Tax Planning

Image for nhs watchdog revises ir35 guidance payroll medics

Tax | NHS watchdog revises IR35 guidance for off-payroll medics

The regulator for NHS trusts and foundation trusts has revised its guidance on the application of IR35 tax rule changes for NHS agency staff, including doctors and nurses, stating that each case should be treated on an individual basis

1 Jun 2017

Tax | EU Council adopts hybrid mismatches directive

The European Council has adopted an anti-avoidance directive to prevent corporate groups exploiting hybrid mismatches between EU tax systems and those of non-EU countries, coming into force from 1 January 2020

1 Jun 2017

Tax | Tax data: CGT data, HMRC rates of interest - June 2017

Download the HMRC CGT indexation allowance for February 2017, RPI Index for April 2017 and HMRC rates of interest, changes to stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more

1 Jun 2017

Tax

HMRC

Tax Planning

Tax | Tax updates: June 2017

This month's review of tax cases and tax news including Mauritian trust management UK based, Icebreaker members’ appeal dismissed, appeal against penalties denied and, Making Tax Digital dropped from Finance Bill 2017

1 Jun 2017

Tax | Employment tax updates: June 2017

The latest employment tax news including, Jackie Hall ACA CTA, partner at RSM, unpicks the latest stamp duty land tax (SDLT) take on residential property, real time PAYE coding, and off payroll working in the public sector

1 Jun 2017

Tax | VAT updates: June 2017

The latest VAT rulings with implications for businesses include whether charges made by a body to parties other than students can be exempt from VAT as essential to education in the Brockenhurst case, cost sharing exemption

1 Jun 2017

Tax | Consultations: Jun-Jul 2017

A roundup of current consultations from HMRC, including Making Tax digital penalties, VAT fraud, CGT change for non-resident companies, taxation of employee expenses

1 Jun 2017