Tax

Latest news

Image for spring budget 2017 london granted more devolution

Tax | Spring Budget 2017: London granted more devolution

A memorandum of understanding has been agreed between the government, greater London Authority and London councils, which will explore options for business rates and the apprenticeship levy, as well as looking at local influence over careers and employment support services

8 Mar 2017

Accountancy Firms

Image for spring budget 2017 hmrc publish guidelines image rights

Tax | Spring Budget 2017: HMRC to publish guidelines on image rights

HMRC is to publish guidelines for employers who make payments of image rights to their employees, it has been confirmed in the Budget

8 Mar 2017

Image for spring budget 2017 withholding tax interest extended

Tax | Spring Budget 2017: withholding tax on interest extended

The government plans to renew and extend the administrative simplifications of the Double Taxation Treaty Passport scheme to assist foreign lenders and UK borrowers and encourage inward investment

8 Mar 2017

International Tax

Image for spring budget 2017 ps740m invested digital infrastructure

Tax | Spring Budget 2017: £740m invested in digital infrastructure

Chancellor Philip Hammond has announced plans to invest £740m in digital infrastructure by 2020 to build a 5G technology hub and support reliable broadband communications for businesses and individuals, as tax reporting moves online as part of Making Tax Digital

8 Mar 2017

Making Tax Digital

Image for spring budget 2017 anti avoidance measures tax treatment trading stock

Tax | Spring Budget 2017: anti-avoidance measures for tax treatment of trading stock

Businesses will no longer be able to convert capital losses into trading losses under an anti-tax avoidance measure introduced in the Budget 2017

8 Mar 2017

Image for spring budget 2017 gig economy chancellors sights

Tax | Spring Budget 2017: gig economy in Chancellor’s sights

The Chancellor may be waiting until the summer for the final report from Matthew Taylor, chief executive of the RSA, into the wider implications of different employment practices and the gig economy, but he used the Budget speech to set out the general direction

8 Mar 2017

Image for spring budget 2017 increase apd long haul flights

Tax | Spring Budget 2017: increase of APD on long haul flights

The Air Passenger Duty (APD) rates for tax years 2018-19 have been announced in the spring Budget showing continued year-on-year increase for long-haul flights, reflecting a continuous increase in the tax level for far away destinations such as Asia and Australia

8 Mar 2017

Image for spring budget 2017 20 vat roaming charges outside eu

Tax | Spring Budget 2017: 20% VAT on roaming charges outside EU

The Chancellor has announced the introduction of UK VAT on roaming telecoms services used outside the EU for the first time, meaning that holiday makers and business travellers will see a 20% hike in call charges

8 Mar 2017

Image for spring budget 2017 tax loopholes closed effect 8 march 2017

Tax | Spring Budget 2017: tax loopholes closed with effect 8 March 2017

The following five measures announced in the Budget 2017 by Chancellor Philip Hammond are effective immediately, with a particular focus on curbing tax avoidance activity

8 Mar 2017

International Tax

Law and Regulation

Image for spring budget 2017 childcare benefits set double ps5k

Tax | Spring Budget 2017: childcare benefits set to double to £5k

The Chancellor has confirmed that from September 2017, free childcare for three and four year olds will increase from 15 to 30 hours, worth up to £5,000 for each child

8 Mar 2017

Image for spring budget 2017 self employed nics 4 increases 11 2019

Tax | Spring Budget 2017: self-employed NICs 4 increases to 11% by 2019

A two percentage point increase in national insurance contributions (NICs) paid by the self-employed has been met with fury by the self employed and entrepreneurs, although it creates more of a level playing field with PAYE workers, reports Philip Smith

8 Mar 2017

Image for spring budget 2017 25 charge pension transfers qrops

Tax | Spring Budget 2017: 25% charge on pension transfers to QROPS

The government is to introduce a 25% charge on transfers to qualifying recognised overseas pension schemes (QROPS) as part of its measures against tax avoidance, it has been confirmed in the Budget

8 Mar 2017

Image for spring budget 2017 road tax rates rise vehicles registered april 2017

Tax | Spring Budget 2017: road tax rates rise for vehicles registered before April 2017

As part of the spring Budget, Chancellor Philip Hammond is increasing Vehicle Excise Duty (VED) rates for cars, vans and motorcycles registered before April 2017 in line with Retail Prices Index (RPI), estimating to cost individuals no more than £5 extra in VED

8 Mar 2017

Image for spring budget 2017 corporation tax rate cut 19

Tax | Spring Budget 2017: corporation tax rate cut to 19%

In line with the government’s need to keep the UK as competitive as possible in the Brexit world, the Chancellor continued to cut the UK’s corporation tax rate bringing it down to 19% from 1 April

8 Mar 2017

International Tax

Image for spring budget 2017 vat registration threshold rises ps85k

Tax | Spring Budget 2017: VAT registration threshold rises to £85k

From 1 April 2017 the VAT registration threshold will increase to £85,000 from £83,000 and the deregistration threshold will rise from £81,000 to £83,000, announced by Chancellor Philip Hammond as part of the spring Budget

8 Mar 2017

Image for spring budget 2017 promoters tax avoidance schemes rules strengthened

Tax | Spring Budget 2017: promoters of tax avoidance schemes rules strengthened

Measures to ensure those marketing tax avoidance schemes cannot circumvent the Promoters of Tax Avoidance Schemes (POTAS) regime by re-organising their businesses have been introduced by the Chancellor

8 Mar 2017

Law and Regulation

B&ADTV

Croner Intelligence versus Generative AI

Keeping up with your CPD and ISQM requirements

People with significant control

Most Read

1

AI guardrails: how is your data protected?

view

2

Tax traps for Harry and Meghan on return to UK

view

3

Fashion tech CEO faked audits in $300m fraud scheme

view

Latest Spotlight

1

AI guardrails: how is your data protected?

view

2

From suits and ties to smart casual: what should men actually wear to work?

view

3

Maternity leave and notification of internal vacancies

view

Editor's Picks

1

How Croner Intelligence works: under the bonnet

view

2

‘He doesn’t have to prove anything,’ defence closes in barrister’s £2m tax trial

view

3

UK GAAP changes to lease accounting: part two

view

CPD Tracker

Our CPD Tracker allows you to bank structured CPD time.

If you’re already a subscriber, log in to access the CPD Tracker to check your points to date and export the data from your personal records.