Personal Tax

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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 | IR35 draft legislation out for consultation

HMRC has published draft secondary legislation with a four-week window for feedback from stakeholders despite being mid-way through a government review of the rules

22 Jan 2020

Tax | Time to pay arrangements for individual taxpayers clarified

HMRC has issued guidance for individual taxpayers on how to settle a tax debt using a negotiated time to pay arrangement

22 Jan 2020

Tax | HMRC opens 300,762 self assessment investigations

Taxpayers who have yet to file before the January 31 deadline are being warned to make sure their information is accurate, despite the tight deadline, as HMRC opened over 300,000 investigations into self assessment tax returns in the last year

22 Jan 2020

Tax | Government waters down loan charge rules

The government has backed down on original time frame for loan charge compliance giving taxpayers who signed up to schemes approved by HMRC before 2015 greater leniency and offering five-year time to pay arrangements

21 Jan 2020

Tax | Q&A: nil rate band and inheritance tax

In our regular Q&A series from Croner Taxwise, tax advice consultant, Kiya Jacobs explains how the nil rate band works under inheritance tax rules when children inherit the main residence

21 Jan 2020

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 | Shih Tzu ‘guard dog’ goes hungry after failed expense claim

Every year, HMRC receives imaginative excuses and expense claims following the 31 January self assessment deadline from out of control guard dogs to a DJ too busy to fill in his form

20 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 | HMRC crackdown on footballers using tax schemes

Miles Dean, head of international tax at Andersen Tax, examines whether it was foreseeable that HMRC and the courts would end up not only attacking tax avoidance schemes (and winning), but also shutting down an industry that had gone out of control?

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 | Self assessment deadline looms

Around five million taxpayers are yet to file their tax returns before the 31 January deadline

17 Jan 2020

Tax | Maturing child trust funds will retain tax free status

Holders of child trust fund accounts will be able to transfer their funds tax free when they start maturing in September, marking the scheme reaching 18 years

16 Jan 2020

Tax | Flybe saved by deferral of £106m flight tax bill

The government has caved into pressure from regional UK airline carrier, Flybe, which was flying in the face of potential administration, delaying payment on a £100m plus tax bill for airline passenger duty

15 Jan 2020

Restructuring & Insolvency

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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