The Treasury is calling for a review of inheritance tax (IHT), stating that it is too complicated and needs simplification for the 3% of estates affected
As the number of cryptocurrency holders grows along with their values, Calum Fuller examines what it means for practitioners and the potential tax implications for clients
The Department for Business, Energy and Industrial Strategy (BEIS) has commissioned PwC and a leading academic to look into whether some companies are repurchasing their own shares to artificially boost executive pay
A third of tax returns are currently outstanding, with just a week to go to the self assessment filing deadline according to HMRC, which says it is expecting an additional three million returns before 31 January
Following IT problems with the self assessment pre population service, HMRC has now confirmed that the system is up and running, so taxpayers can see pre-poluated data when they log into accounts but there are still problems with setting up a direct debit
A disagreement between HMRC and Coca-Cola over the benefit in kind tax status of crew cab vans has left some businesses and their tax advisers in limbo as the soft drinks giant loses its case at the First Tier Tribunal over vehicle classifications, warns Brent Goodwin, senior VAT manager at Newby Castleman
If the threat of robots taking people’s jobs in the future proves true then corporation tax must increase to offset the impact of reduced tax revenues from income tax and national insurance contributions (NICs), explains George Bull, tax partner at RSM
The Association of Taxation Technicians (ATT) is urging HMRC to issue guidance to employers and employees about a planned tax exemption for employer-provided electric car charging, including details of any exclusions or exceptions, which has not been included in the current finance bill
It is important to remember that you could easily become a higher rate tax payer as a result of the mortgage interest relief restriction interest restriction, particularly relevant to buy-to-let owners, warns Lisa Macpherson, head of tax technical at PKF Francis Clark
Stephen Relf CTA ACA considers the penalty structure for the new rules on the charge to capital gains tax on residential property which is now extended to non-UK residents and requires a 30-day filing requirement, especially since HMRC lost the McGreevy case
Complex tax rules surround residency so anyone looking to return to the UK after a period abroad needs to make sure they avoid any unexpected UK tax bills if they sell property prior to their return to the UK. Gill Tallon CTA, deputy managing partner at Mercer & Hole, considers the tax issues facing a returning couple with properties to sell
HMRC is still trying to rectify problems with the self assessment tax return online service for taxpayers attempting to use Verify to access online services
MPs are putting pressure on government to introduce a 25p latte levy on disposable coffee cups to cut the amount of waste, calling for a total ban of single use cups by 2023 unless manufacturers can make them recyclable
Every year, with new tax rules and new ways of earning money, people make classic mistakes when filling in their personal tax return in the rush for the 31 January 2018 self assessment deadline. Jonathan Amponsah CTA FCCA, founder of The Tax Guys guides taxpayers through potential pitfalls
A tax barrister has won part of an appeal against three penalties for inaccuracies, after a First Tier Tribunal (FTT) found he had relied on professional accountancy advice and could not be expected to have specialist knowledge of all areas of taxation
In part five of our series on pensions, Kay Ingram, director of public policy at LEBC, considers the pros and cons of transferring a defined benefit pension, from the impact on beneficiaries, long-term health considerations and inheritance tax planning