HMRC has lost an appeal by a glazing company that hired labour for construction work after tribunal dismissed HMRC’s use of Kittel argument over fraudulent VAT charge
Up to 300,000 taxpayers will no longer have to file a self assessment tax return as Treasury increases annual threshold for reporting from current £1,000 figure but not until 2027
In this week’s Q&A, Marsha Haywood, senior tax adviser at Croner-i My VIP Tax Team, explains how to calculate tax liability on an individual disposal of shares sold at a loss
Private schools have had to decide whether or not to push Labour’s 20% VAT charge onto parents or absorb the cost since 1 January, but teachers are already being hit by the tax rise
Directors and employees in receipt of loans from their companies and employers will have to pay a higher interest rate from April for loans calculated using ‘precise method’
A First Tier Tribunal VAT appeal over when a company was registered for VAT has been dismissed after representative accused HMRC of ‘illegally’ increasing VAT amount from sales
There was confusion over what variations of pickup trucks will fall under the scope of the changes from April but HMRC has confirmed most pickups will be classified as cars for benefits-in-kind
Insurance giant Hastings, owner of the Hastings Direct brand, has won a VAT appeal for over £16m related to a claim for input tax for supply of services in Gibraltar
Businesses using employer helplines will be affected by another two months of strike action at HMRC’s Newcastle as union calls for HMRC to ‘get around the table’
As thousands breach annual tax free savings allowances, HMRC has launched a useful tool to work out how much tax is payable on savings interest and dividend income
Despite millions in funding, HMRC productivity levels continue to decline with large number of staff in senior positions, accusations of special treatment for high net worth taxpayers and an inundation of calls from pensioners
HMRC’s e-invoicing consultation is underway, but what are the pros and cons of full automation, asks Russell Gammon, chief solutions officer at Tax Systems