Business Tax

HMRC targeted almost 5,500 landlords last year and recovered £33m in unpaid tax, as the authority re-prioritised its activities following the end of covid restrictions

15 May 2023

Tax

Business Tax

HMRC

Tax Compliance

Image for annual share plan return filing deadline 6 july

Tax | Annual share plan return filing deadline on 6 July

The deadline for employers to file their annual employment-related securities (ERS) returns with HMRC for the 2022/23 tax year is approaching, warns RSM

15 May 2023

Tax | HMRC sitting on £11.9bn in overpaid corporation tax

Businesses overpaid £11.9bn in corporation tax in the last tax year, with HMRC unlikely to address overpayment unless the company realises the mistake

11 May 2023

Tax

Business Tax

Tax Compliance

Image for southend fc faces another hmrc winding threat

Tax | Southend FC faces another HMRC winding-up threat

Southend United football club have been served another winding-up petition by HMRC after settling a £1.4m tax bill

5 May 2023

Tax | Software shareholder loses £1.1m appeal

A shareholder of a financial software company has lost a First Tier Tribunal (FTT) appeal against a tax demand for £1.1m related to the sale of shares

5 May 2023

Tax | Contractor refused judicial review over £1.8m tax bill

A construction business has lost a High Court appeal over whether it can go to judicial review over a demand for a £1.8m tax bill related to a construction industry scheme

4 May 2023

Tax | Agricultural show wins £292k VAT appeal

An agricultural society has won a First Tier Tribunal (FTT) appeal after a dispute with HMRC over a VAT rebate of £292,725 on admission fees, sponsorship income and advertising

2 May 2023

Tax | Q&A: capital allowances on helicopter

In this week’s Q&A, Croner-i’s Stuart Farmer, considers the tax reliefs available when buying a helicopter as a trading asset

2 May 2023

Tax

Business Tax

Tax Compliance

Image for hmrc be given powers curb crypto tax abuse

Tax | HMRC to be given powers to curb crypto tax abuse

The government has launched a consultation to consider giving HMRC more powers to recover unpaid tax on crypto transactions directly from digital wallets

2 May 2023

Tax | NI director banned for £260k VAT errors

A director of a company involved in vehicle and plant sales has been banned for six years for submitting inaccurate VAT returns totalling £260,000

2 May 2023

Tax | Contractor wins £500k expenses tax appeal

A contractor has won a First Tier Tribunal (FTT) appeal after a dispute with HMRC over a PAYE dispensation covering expenses

28 Apr 2023

Tax | HMRC to fix double taxation risk of IR35 pay

HMRC has launched a consultation to look at reform of the double taxation problem with off-payroll working payments

28 Apr 2023

Tax | Restaurant boss loses £212k tax appeal

The director of a restaurant business has lost an Upper Tribunal case against a tax bill for £212,000 refusing permission to appeal out-of-time submissions

27 Apr 2023