HMRC has published the findings of research into Business Records Checks (BRCs) and attitudes towards record keeping among the SME businesses, which found that small businesses want as little interaction as possible with the taxman and do not feel that a site visit from an HMRC visiting officer would help make their returns more accurate
With real time information (RTI) reporting now in operation for 18 months, HMRC has published a report, Understanding PAYE Delivery Partners, focusing on the attitudes, behaviours, capabilities and capacities of employers and intermediaries in a post-RTI world
In our monthly round-up of major tax cases and news, Sharon Khin assesses Rusling ruling on discovery assessments, loss of tax attributable to accountant’s negligence in Rotberg and sub-postmaster termination payment deductions disallowed, while Scotland hints at 17% corporation tax rate
VAT expert Graham Elliott of Withers Worldwide casts his eye over key VAT cases and FTT rulings including Muster Inns, the Upper Tribunal decision in Lok’nStore and latest HMRC briefing on TOGC
In our monthly round-up of developments in employment tax, David Heaton and Lesley Fidler review NIC anti-avoidance laws, RTI penalties, remittance advice for dual contracts and the decision in the Oddy tax case
A taxpayer has lost a case at the First Tier Tribunal (FTT) over the tax treatment of payments received on the termination of employment, when he argued that the payment should not be taxable as it was a compensation payment to settle a discrimination case.
The Chancellor took a break from Number 11 to head down to Brighton today, visiting the Theatre Royal Brighton to launch the new tax relief for regional theatre touring productions which comes into effect on 1 September 2014
Following criticism of the guidance on how to use the online reporting system for Employment Related Securities (ERS), HMRC has published a set of tips and frequently asked questions to help tax advisers use the service
The tax take from corporation tax is down 2% year on year to £39.5bn and has still not returned to pre-crash levels, according to the latest statistics published by HMRC
Proposals by the Scottish National Party (SNP) to cut corporation tax rates if Scotland becomes independent risk turning the country into a tax haven for multinational companies, according to warnings from the Scottish Labour party
John Watkins, senior partner at Dickson Middleton, argues that taking a simple balance sheet view of an independent Scotland misses the complexity. Here he considers the potential complexity of a new VAT system
HMRC has updated the Code of Practice 8 (COP8) guidance which explains how the Fraud and Bespoke Avoidance section of the Specialist Investigations directorate of HMRC carries out investigations
After the ruling in the Wildin case, Peter Rayney says the value of goodwill must be commercially sustainable. Over the last decade or so, many tax advisers and accountants have had to dust down their goodwill valuation texts
The Seychelles has become the 46th jurisdiction committed to automatically exchanging tax information to improve transparency over offshore tax accounts held in the islands
The British Film Institute (BFI) has beaten the taxman at an appeal at the Upper Tribunal (UT) concerning a disputed £1.2m bill for over-paid VAT charges for the sale of cinema tickets
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