Business Tax

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Tax | Time to pay tax arrangements go online

HMRC has modernised time to pay arrangements for taxpayers who are unable to pay their bills allowing them to renegotiate everything online rather than talking to HMRC

29 Jan 2020

Tax | Multinationals pay £5bn as profit shifting tax rules bite

HMRC has raised over £5bn since the diverted profits tax and changes to transfer pricing rules came into force five years ago as global businesses change tax policy

27 Jan 2020

Tax | Over three million still to submit tax returns

More than three million taxpayers are yet to send in their 2018-19 tax returns and have just one week left to the 31 January deadline, HMRC warns

24 Jan 2020

Tax | Fast food boss banned for accounting failure

The director of a Walsall takeaway has been disqualified by the courts for seven years after the Insolvency Service found he had failed to maintain accounting records

24 Jan 2020

Tax | Recruitment bosses call for delay to IR35 for private sector

A group of industry leaders have written to the Chancellor criticising the IR35 rule changes to off-payroll working for the private sector and calling for a one-year delay to introduction

23 Jan 2020

Tax | Off-payroll working rules: IR35 and mutuality of obligation – part 5

From April 2020, off-payroll working rules will be extended to the private sector. Caroline Harwood, partner and head of employment tax at Crowe UK, explains how mutuality of obligation could be a decisive factor when determining employment status

23 Jan 2020

Tax | Digital services tax will be temporary

The Chancellor has given the April digital services tax for multinationals the go ahead at the World Economic Forum, but only a short-term basis

22 Jan 2020

Tax | Sugar tax should net pre-mixed alcoholic drinks

An anti-sugar lobby group is calling for the government to extend the parameters of the sugar levy to cover pre-mixed alcoholic and energy drinks which are packed with hidden sugar

22 Jan 2020

Tax

Business Tax

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Tax | HMRC enquiries: do not assume all requests are justified

During a tax investigation, HMRC will make requests for information, but it must do so within a set timeframe and be justified, fair and reasonable. Withers tax director Jeff Millington explains the rights of taxpayers, discovery powers and time limits

21 Jan 2020

Tax | Flybe confirms time to pay arrangement over £10m APD tax arrears

Flybe has rejected claims that it owed HMRC over a £100m in airline passenger duty (APD) arrears, stating that the unpaid tax is closer to £10m

17 Jan 2020

Tax | Tax transparency essential to tackle $600bn avoidance bill

Businesses need to provide more transparent reporting on tax to give shareholders and the public a better understanding of their tax policy and wider contribution to society

17 Jan 2020

Tax | Self assessment: what expenses can you claim when self-employed?

It is important to distinguish between business and personal expenses when completing annual self assessment tax returns. David Redfern, managing director of DSR Tax Claims, explains the categories of business expenses self-employed workers can use to offset tax liabilities

17 Jan 2020

Tax | Kickboxing company loses VAT dispute

Kickboxing company Premier Family Martial Arts LLP has lost a VAT dispute with HMRC, as they tried to appeal that kickboxing should be exempt from VAT because it is a form of tuition, covering a subject that is part of school education

14 Jan 2020

Tax | Rules on cross-border tax disclosure under DAC 6 refined

The government has published legislation requiring taxpayers and their advisers to disclose details of certain cross-border arrangements to HMRC as part of moves to crack down on tax avoidance, but has watered down the original penalty regime

14 Jan 2020

Tax | Steakhouse boss gets the chop over tax

The boss of a Hampshire steakhouse has been banned from running companies for six years after submitting inaccurate information to the tax authorities for several years, following an Insolvency Service investigation

14 Jan 2020