HMRC has lost a long running tax case after Supreme Court rules in favour of Royal Bank of Canada over disputed £19m tax bill related to North Sea oil payments
A building owned by Sarabande, a charity set up by the late fashion designer Alexander McQueen, has won its fight at the First Tier Tribunal against a tax dispute about the subleasing of an art gallery to a subsidiary
An extensive conversion of a warehouse into a Toyota showroom qualified for business premises renovation allowance despite HMRC arguing it was a new building
Lloyds Banking Group has lost the first round of a tax dispute with HMRC at the First Tier Tribunal over a historic £1.07bn claim for cross-border group tax relief on Irish transactions, but it will appeal the decision
Croner-i has announced an alliance agreement with KPMG UK to integrate Croner-i’s tax content into KPMG’s information services, driven by highly intuitive AI and search functionality
The Institute of Directors is lobbying the government for ‘targeted changes’ to the Employment Rights Bill to improve business confidence and reduce the tax burden
In this week’s Q&A, Croner-i tax adviser Andrew Gilderdale gives the lowdown on tax deductions, eligible employees and benefit exemptions for staff parties and events
A South African appellant has lost his appeal against historic tax assessments dating back to 1999 as well as penalties accrued over 17 years after deliberately failing to declare income despite ‘unjustifiable’ allegations of racism
December saw tax receipt increases across the board, with capital gains tax clearly being influenced by Labour’s first Budget while Conservative NICs cuts barely scratched the surface
Tax expert Peter Rayney considers the implications of the hike in CGT business asset disposal relief (BADR) from April 2025 for owner managed businesses
In one of his first actions as president, Donald Trump has ruled out the US ever adopting OECD plan for global minimum tax rate for the largest businesses