Freelancers are losing an estimated £16.5m annually because of the amount of time spent on chasing invoices for late payment, according to research from the association of independent professionals and the self employed (IPSE), which also warns of continuing difficulties in communicating with HMRC

From April 2017, the tax treatment of certain types of carried-forward loss for corporation tax purposes will be tightened, raising an additional £1.3bn for the Exchequer by 2020

HMRC has introduced secondary draft legislation relating to off-payroll working rules for individuals providing services in the public sector declaring that National Insurance Contributions (NICs) are to be paid by the public authority paying for the services, with changes to come into effect from April 2017

HMRC is under fire from MPs over its strategy for collecting tax from the very wealthy, amid claims its approach offers preferential treatment not available to other taxpayers and is ineffective, with receipts dropping by £1bn over five years

Proposed non dom rules will see certain individuals treated as UK domiciles for income tax, capital gains tax and inheritance tax purposes, with revised guidance issued and effective from 6 April 2017

Plans to introduce tough new rules to curb interest deductibility are taking shape as HMRC publishes draft legislation on the new regime for restricting the amount of interest and other financing amounts that a company can deduct when calculating profits for corporation tax purposes, effective April

HMRC has launched an online registration service for annual tax on enveloped dwellings (ATED) for companies, partnerships with a company member and collective investment schemes

The number of penalties imposed by HMRC against those deliberately understating income has jumped substantially over the last year, up almost six fold, according to figures obtained by RSM under the Freedom of Information Act

The OECD is seeking feedback on a draft toolkit designed to assist developing countries in work on transfer pricing, which specifically addresses the ways developing countries can overcome a lack of data on ‘comparables’, or the market prices for goods and services transferred between members of multinational corporations

In the wake of the Supreme Court ruling that government does not have the power to trigger Article 50 without parliamentary approval first, prime minister Theresa May has confirmed there will be a white paper on Brexit setting out the government’s plans relating to the UK’s exit from the EU

Software developers are meeting with HMRC next Monday to update them on the latest position on the plans and rollout timetable for Making Tax Digital, with a view to finalising the next steps in the run-up to the launch of quarterly reporting for sole traders and buy-to-let landlords

Ahead of next week’s deadline for online self assessment returns, HMRC has released a list of the most outlandish expenses claims, with glamorous holidays abroad, luxury watches and Friday nights out all featuring