The introduction of a realtime PAYE reporting system in Ireland risks leaving around 120,000 people with substantial underpayments in its first month of operation, ACCA is warning

With the mandatory deadline to digitally report VAT under HMRC’s Making Tax Digital racing down upon us, Bill Dodwell, senior policy adviser at OTS, says this will not mean an immediate end to spreadsheet reporting as HMRC has accepted that some VAT calculations are just too complicated to comply immediately and more work needs to be done

Pension saving may soften triple whammy for higher rate Scottish taxpayers with salary sacrifice reducing tax liability while higher pension contributions can offset higher rate child benefit clawback, explains Kay Ingram, director of public policy at LEBC Group     

The Upper Tribunal has dismissed an appeal against HMRC by a QC over penalty notices, with implications for self-employed workers facing cash flow difficulties and outstanding tax liabilities

Research by Moore Stephens shows that the tax burden on the older generation has fallen by 4% in the past year, with millennials paying an extra £5bn compared to the same period in the previous year

HMRC has issued draft guidance for the extension of the non resident capital gains tax rules bringing commercial property and company disposals into scope for the first time from April 2019

An ageing population and rising public service costs are putting a strain on the Treasury’s coffers. Torsten Bell and Adam Corlett of the Resolution Foundation argue that the Chancellor could generate £7bn a year by 2022-23 with adjustments to five wealth taxes and subsidies

Around 5,542,000 taxpayers have less than a month to complete their self assessment tax returns before the 31 January deadline

Alcohol prices have soared in Qatar after the country introduced a 100% sin tax as part of its levy on ‘health-damaging’ goods, with a price of a 24-pack of beer rising to £82 three years ahead of the World Cup

Health officials are calling for the introduction of a pudding tax covering cakes, biscuits, sweets and other treats high in sugar as figures reveal that children in the UK exceed the maximum recommended sugar intake for an 18-year-old by the time they are 10

In our monthly roundup of employment tax developments, Jackie Hall, partner at RSM discusses the impact of entrepreneur’s relief on employee share schemes and the uncertainty caused by the lack of a timeframe for the government’s Good Work plan