A high income child benefit charge (HICBC) appeal was allowed in part due to the appellant’s ‘ignorance of the law’ and HMRC bringing the assessments out of time
The Chancellor has contacted Rachel Reeves through a letter after new data shows the British public will pay £58.7bn more in taxes under a Labour government
As both the Labour Party and the Conservative Party have pledged not to increase income tax it is likely the vast majority of people will experience tax hikes anyway
In this week’s Q&A, Abigail Bothe, tax adviser at Croner-i, explains the differences between company share option plans (CSOPs) and enterprise management incentives (EMI)
A non-domiciled investment banker has lost his appeal against a £675,000 tax bill after investing £1.5m into his company and using director loans for personal expenses
Tax thresholds are on the agenda for the Tynwald, Isle of Man parliament, as the rising cost and demand for public services forces it to ‘maximise government efficiency’
The amount of tax collected from unpaid inheritance tax (IHT) is soaring but the scale of return from HMRC investigations means it could be even higher
In the latest anti-avoidance campaign, HMRC’s wealth team has sent letters to taxpayers whose business asset disposal relief (BADR) claims exceed lifetime limit
Most people selling their homes rely on Private Residence Relief (PRR) to avoid capital gains tax (CGT) but with increases to this on the horizon some may end up with higher tax bills when they move, says Chris Etherington
An 85-year-old businessman has won his appeal against a £120,000 discovery assessment over an incorrect tax return and a £55,000 penalty for deliberate inaccuracy
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