Business Tax

Latest news

Image for what will ir35 mean private sector

Tax | What will IR35 mean for the private sector?

The extension of IR35 rules to private companies from April 2020 will shift responsibility from contractors and their personal service companies (PSCs) to the hirers. Andrew Brookes, head of employer solutions at Menzies LLP, explains the tax implications

17 Dec 2018

Image for hmrc delays mtd business due brexit

Tax | HMRC delays MTD for business due to Brexit

HMRC is to continue rolling out Making Tax Digital (MTD) for VAT but has warned that the wider extension of the MTD programme for businesses will be delayed as IT developers are refocused on Brexit customs delivery

14 Dec 2018

Making Tax Digital

Image for how make christmas tax deductible and keep hmrc happy

Tax | How to make Christmas tax deductible and keep HMRC happy

The season of goodwill is upon us. Many business owners will be ‘splashing out’ on gifts, parties, awards and other kind gestures to end the year on a high. Tax Guys CEO Jonathan Amponsah CTA FCCA, gives the lowdown on nine ways to reduce your tax bill this festive season while adhering to the tax code

14 Dec 2018

Law and Regulation

Image for uks biggest companies pay ps84bn tax annually

Tax | UK’s biggest companies pay £84bn tax annually

The amount of tax paid by the UK’s largest companies has increased for the eighth year in a row and now tops £84bn according to research from PwC, which says much of the increase is down to a £15.8% increase in corporation tax

13 Dec 2018

Image for online marketplaces be liable missing vat

Tax | Online marketplaces to be liable for missing VAT

The European Commission has announced new measures, due to come into force in January 2021, which will allow for a smooth transition to an updated VAT structure for dealing with online selling and will make online marketplaces liable for VAT not recovered by tax authorities

12 Dec 2018

International Tax

Image for charities tax pros and cons setting charity part 9

Tax | Charities: tax pros and cons of setting up a charity - part 9

Stephen Relf FCA CTA, lead tax writer at Croner-I, discusses the requirements and obligations of setting up a charity, and what useful tax reliefs are available to both a business and an individual

12 Dec 2018

Accountancy Firms

Image for avoid getting caught out opra rules benefits kind

Tax | Avoid getting caught out by OpRA rules on benefits in kind

Andrew Brookes, head of employment solutions at Menzies LLP, examines the changes to the rules affecting optional remuneration arrangements (OpRA) and explains why employers must consider how their tax positions could be affected

11 Dec 2018

Image for ciot warns finance bill tweaks damage confidence

Tax | CIOT warns Finance Bill tweaks damage confidence

CIOT has warned that a number of minor changes to Finance Bill 2018-19 (FB 2018-19) risk undermining the consistency depended on by taxpayers, reducing confidence and affecting international competitiveness

7 Dec 2018

Image for walker cost implications digital services tax

Tax | Walker: cost implications of digital services tax

The digital services tax (DST) announced in the Budget will lay a heavy compliance burden on businesses, especially when it comes to UK profit margins, argues Eloise Walker, partner at Pinsent Masons

6 Dec 2018

Law and Regulation

Image for 37 accountants stalling over mtd

Tax | 37% of accountants stalling over MTD

A survey of tax professionals’ attitudes and company readiness for Making Tax Digital (MTD) for VAT shows that companies and accountants are lagging behind in their preparations and 70% are waiting for future announcements until they commit to a process

6 Dec 2018

Making Tax Digital

Image for call rethink tax system tackle climate change

Tax | Call to rethink tax system to tackle climate change

In the week of the annual UN conference on climate change, ACCA is calling for governments to rethink the design of the tax system holistically in a bid to counter the impact of climate change on business and society, by increasing taxes on pollution and natural resource use

6 Dec 2018

International Tax

Image for corporate taxes and vat drive revenue spike

Tax | Corporate taxes and VAT drive revenue spike

Tax revenues in advanced economies have continued to increase, with taxes on companies and personal consumption representing an increasing share of total government revenues, according to an annual review by the OECD

6 Dec 2018

International Tax

Law and Regulation

Image for ps8m fund post brexit customs support

Tax | £8m fund for post-Brexit customs support

Ahead of the UK leaving the EU next March, HMRC and the Treasury have announced an £8m funding scheme for customs intermediaries and traders towards the cost of training and IT improvements required to handle imports and exports post-Brexit

5 Dec 2018

Image for eu council hears doubts over digital services tax

Tax | EU council hears doubts over digital services tax

The EU Economic and Financial Affairs Council (ECOFIN) has discussed the implementation of a digital services tax, with representatives disagreeing on how such a tax would work in practice and some countries calling for a delay until the OECD reaches a solution

5 Dec 2018

International Tax

Image for voluntary return policy get statutory footing

Tax | Voluntary return policy to get statutory footing

Meg Wilson CTA, tax writer at Croner-i, looks at why HMRC’s existing policy on voluntary returns is being legislated for, including cases which have concluded that unsolicited tax returns are not valid, and what impact this change will have on UK taxpayers and tax advisors

5 Dec 2018

Image for ashley calls immediate 20 tax online sales

Tax | Ashley calls for immediate 20% tax on online sales

Sports Direct founder Mike Ashley has claimed that the high street is ‘already dead’ due to the impact of the internet on consumers, and that the only way to redress the balance would be to institute a 20% tax on online sales and massive cuts to business rates

4 Dec 2018

Law and Regulation

B&ADTV

Croner Intelligence: a day in the life

Q&A: tax on property business profits

Croner Intelligence: created by experts, powered by AI

Most Read

1

HMRC trainee wins £155k bullying claim at tribunal

view

2

Bookkeeper ‘succumbed to temptation’ in £205k charity fraud

view

3

HMRC email warning to sign up to tax advisers register

view

Latest Spotlight

1

Q&A: reclaiming VAT on corporate hospitality drinks

view

2

What does the FRC’s overhauled investigation process mean for firms?

view

3

‘Hugely ambitious’ Affinia acquires £30m Wilson Partners

view

Editor's Picks

1

How Croner Intelligence works: under the bonnet

view

2

‘He doesn’t have to prove anything,’ defence closes in barrister’s £2m tax trial

view

3

UK GAAP changes to lease accounting: part two

view

CPD Tracker

Our CPD Tracker allows you to bank structured CPD time.

If you’re already a subscriber, log in to access the CPD Tracker to check your points to date and export the data from your personal records.