Personal Tax

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Tax | Non-doms pay £12.4bn in tax as numbers grow

The number of non-doms has gone up by 10% and they paid a record £12.4bn in tax for the 2021-22 tax year

6 Jul 2023

Restructuring & Insolvency

HMRC

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Tax | CPD module: sole trader versus limited company

This month's exclusive Accountancy Daily CPD module provides a review of the tax issues to consider when converting from sole trader status to limited company

5 Jul 2023

Tax | HMRC reason to shut SA helpline not ‘good enough’

HMRC has defended the rationale for shutting the self assessment helpline for three months, stating it was an attempt to improve poor customer service levels

4 Jul 2023

Tax | Ince Group administration faces £15m tax bill

Restructuring specialist Quantuma has confirmed that HMRC is one of the largest creditors to failed law firm Ince Group, recently listed on AIM

4 Jul 2023

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Tax | Wimbledon home renters warned about tax liability

As hundreds of homeowners rent out their rooms and houses during the Wimbledon tennis championships for up to £15,000 a week, it is important to pay the right tax to avoid penalties

3 Jul 2023

Tax | Webinar on tax relief on pension contributions

Join our webinar on the tax pros and cons of different pension scheme arrangements on 3 September

1 Jul 2023

Tax | Tax issues for online influencers

As HMRC targets online influencers using social media as a platform to promote products, Robert Marchant, partner and head of corporate VAT, Crowe LLP, explains the tax pitfalls

26 Jun 2023

Tax | Top 10 tips: inheritance tax planning

As annual inheritance tax receipts exceed £6bn a year, it is essential to follow some basic tax planning to protect your estate. Stevie Heafford, tax partner at HW Fisher, explains

21 Jun 2023

Tax | Cryptoasset regulation: a tale of two reports

A lack of action means UK regulators are playing catchup on how to control the rapidly growing crypto market, argues Ben Lee, crypto tax partner, Andersen LLP

20 Jun 2023

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Tax | Q&A: tax on deemed disposals of property

In this week’s Q&A, Croner-i tax advisor Julian Payne, explains exit charges when disposing of property and tax liability for taxpayers leaving the UK on a permanent basis

20 Jun 2023

Tax | HMRC issues 18k penalties over careless errors

Careless mistakes made on tax returns resulted in penalties for 18,641 taxpayers last year while 1,025 fines were issued for deliberate errors

20 Jun 2023

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Tax | Post Office Horizon compensation not taxable

Postmasters caught up in the Horizon accounting scandal are to be paid millions of pounds in additional compensation to offset tax bills

19 Jun 2023

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Tax | HMRC expands use of COP9 tax investigations

HMRC plans to ramp up the use of Code of Practice 9 - COP9 – powers and has clarified the rules on how taxpayers can report fraud where they have failed to pay the correct tax

19 Jun 2023

Tax | Plans to modernise stamp taxes on shares explained

The complex stamp tax rules could be simplified to create a single tax, removing some headaches for accountants, explain Ben Jones, co-head of global tax, and Colin Askew and Helen Mackey, tax partners at Eversheds Sutherland

15 Jun 2023