Martin Jackson ATT, tax writer at Croner-i looks at the provision of benefits in kind after an employee has left employment, particularly as part of a termination employment
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from PAYE cheque payments to corporation tax fourth quarterly instalments
HMRC has signed a £3m contract for open banking services, the government’s largest to date, with start-up fintech Ecospend, in a bid to streamline its payment processes and reduce errors
EY is to acquire the personal tax services business of Frank Hirth, a specialist accountancy practice providing UK and US personal tax services, in a bid to build up its profile in the private client business market
Stephanie Webber CTA, tax writer at Croner-i, looks at the possible availability of business property relief on furnished holiday lettings in the light of recent case law
The number of people who failed to submit a self assessment tax return by the statutory deadline has shot up, nearly doubling at 1.8m or almost 15% of those due to file
A record £4.1bn in tax was deferred in the run-up to the 31 January self-assessment deadline, according to data obtained by Price Bailey, which warns that some taxpayers will struggle to meet larger than usual payment demands
Key elements of this year’s Scottish Budget include no changes to income tax rates, non-domestic rates relief for the sectors worst affected by Covid and compensation for a council tax freeze
The Office of Tax Simplification (OTS) is seeking input for its review of ways to make tax easier for people through smarter use of third party data, by reducing the amount of information they or their agents need to supply directly
The tax regime should be overhauled in order to encourage investment in companies and risk taking and reduce the tax incentives for self-employment, according to a study by the Institute for Fiscal Studies (IFS)
Self assessment taxpayers will not receive a penalty for their late online tax return if they file by 28 February, HMRC chief executive Jim Harra has announced
With just a week to go until the 31 January tax self assessment deadline, scammers posing as HMRC are using various scams to try to defraud people, ICAEW has warned
The Low Incomes Tax Reform Group (LITRG) is calling for the high income child benefit charge (HICBC) threshold to rise to avoid it hitting basic-rate taxpayers for the first time in April
The value of penalties HMRC is imposing on taxpayers each month shot up in the last six months, following the lull in compliance activities during the first lockdown, according to analysis by tax investigation insurance specialist PfP
ACCA has added its voice to calls for HMRC to extend the deadline for self-assessment tax returns on January 31, with the professional body warning that failure to do so could land millions of hard-hit entrepreneurs with fines totalling £250m
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