Personal Tax

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Image for hmrc clarifies when time pay plans can be set online

Tax | HMRC clarifies when time to pay plans can be set up online

In the first update to time to pay guidance for four years, HMRC has clarified when pay plans can be set up without speaking to them directly

19 Feb 2025

Tax | Does my online side hustle warrant an HMRC investigation?

As online platforms drop large amounts of transaction data at the door of HMRC, Andrew Parkes, national tax director at Andersen LLP, explains who’s likely to be targeted in follow-up compliance work

18 Feb 2025

Business | HMRC changes guidance on Condition C for LLP salaried members

In a helpful move for salaried members of limited liability partnerships (LLPs), HMRC has been forced to change guidance on application of Condition C after Bluecrest decision

18 Feb 2025

Tax | Arsenal footballer Zinchenko loses HMRC tax dispute

Oleksandr Zinchenko has agreed to pay a six-figure tax bill owed by his image rights company after High Court hearing

17 Feb 2025

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HMRC

Image for france sets minimum 20 tax high earners

Tax | France sets minimum 20% tax for high earners

Following months of political turmoil, the French parliament has signed off the Finance Bill for 2025 with tax changes for people earning over €250,000

14 Feb 2025

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Personal Tax

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Image for deeds variation and post death tax planning

Tax | Deeds of variation and post-death tax planning

Post-death planning can be a useful tool and deeds of variation present families with significant tax planning opportunities, but care must be taken when using deeds of variation, explains Jo Lawless FCA, CTA, senior technical writer at Croner-i

12 Feb 2025

Tax | Q&A: tax on offshore fund gains and losses

Ria Dhillon, tax adviser at Croner-i, explains the tax position on offsetting losses against gains and the importance of defining the fund

11 Feb 2025

Business | LLP partners: self-employed or employees post Bluecrest

Mark Waddilove, partner at RSM, considers the tax status of partners in limited liability partnerships after the Bluecrest decision

6 Feb 2025

Tax | Q&A: non doms and remittance basis issue

In this week’s Q&A, Croner-i’s Manpreet Sahota explains the tax implications for a non-dom wishing to bring funds into the UK for a one-off present for a child

4 Feb 2025

Tax | 1.1m taxpayers missed tax return deadline

Over a million people face an automatic £100 fine for failing to file their tax returns on time while just over 300,000 still used old school paper returns

4 Feb 2025

Tax | Loan charge: sorry episode needs to be resolved

Glyn Fullelove, editor-in-chief of Croner-i Tax Weekly, says the focus on removing the barriers to resolving outstanding tax liabilities is the right one in the McCann review, but warns the loan charge is a disproportionate tool

4 Feb 2025

Tax | Second-hand car dealer faces £600k VAT bill

HMRC chased the second-hand car dealer for over £600,000 as they believed he had failed to keep accurate sales records despite losing some in a flood

3 Feb 2025

Tax | Mailbox to contact McCann loan charge review launched

Taxpayers affected by the loan charge can now submit confidential comments and evidence to a dedicated email address set up by review chair Ray McCann

3 Feb 2025

Tax | Late tax returns face 7.5% interest rate on overdue tax

This is the last call for a couple of million taxpayers to file their annual self assessment tax returns by tonight’s deadline or be slapped with an automatic £100 fine and late payment interest

31 Jan 2025

Tax | HMRC threatened HICBC taxpayer with bailiffs

A father in receipt of child benefits was chased down by HMRC for a little over £1,000 threatening to seize his possessions to force him to pay up

30 Jan 2025

Tax | Where next for Making Tax Digital in 2025?

Accountants, landlords and the self employed need to prepare for revolutionary new HMRC quarterly tax reporting requirements under extension of Making Tax Digital to income tax, explains Simon Read

29 Jan 2025