As the UK comes to terms with the result of the EU referendum, Jaimie Kaffash considers what comes next for the country’s tax system

An appeal against an inaccuracy penalty inflicted on a professional footballer, due to his accountant making an error on his tax return, has been dismissed on the grounds that the taxpayer should have spotted the mistake 

Both the MPs who are contenders for the leadership of the Conservative party have released details of their tax affairs, with front runner Theresa May providing five years’ worth of information and Andrea Leadsom just a single year’s calculations

The Treasury’s plans to introduce a so-called ‘sugar tax’ on fizzy drinks have been attacked by the TaxPayers' Alliance (TPA), which says the move would result in a drop of some £17m in tax revenues because of the impact on the economy and employment

Theresa May has signalled she wants to change the way that big business is governed, with legal curbs on top tier pay levels and a broader range of non-executive directors, including company workers, if she succeeds in her bid to become the next leader of the Conservative party and prime minister

HMRC has issued renewed guidance on contractor loans, emphasising that loans paid to contractors or freelance workers through trusts or umbrella companies are subject to tax in the same way as other income

The US Internal Revenue Service (IRS) is seeking information from Facebook about the transfer of various rights associated with its global business to a holding company in Ireland, over concerns that these may have not been valued correctly for accounting purposes

London accounts for the biggest share of the UK’s tax revenue, with the capital generating just under 30% of national ‘economy taxes’ in 2014/15, according to research from the Centre for Cities, which found that the tax take in the capital has far outpaced that of other major UK cities over the past decade

Footballers and other athletes and entertainers often become embroiled in marketed tax avoidance schemes, but there is recourse explains Withers special counsel Tessa Lorimer

Footballer Lionel Messi has been sentenced to 21 months in prison after a Barcelona Court has found him guilty of three counts of tax fraud

Business secretary Sajid Javid has backed the Chancellor’s plans for a cut in the corporation tax rate, and called for reductions in the personal tax rate, in order to avert a potential downturn following the Brexit decision in the EU referendum vote

The European Commission has announced plans for a number of new steps to tackle tax abuse and boost tax transparency, including exchanging information on the beneficial owners of trusts, tighter oversight of tax advisors and developing a list of tax havens, in response to the issues raised by the Panama Papers investigation