Personal Tax

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Tax | Q&A: tax and principal private residence relief

In this week’s Q&A, Croner-i tax adviser Kabita Tank, explains the capital gains tax rules when considering a transfer under the principal private residence relief (PPR) regime

14 Feb 2023

Tax

Personal Tax

Property Tax

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Tax | HMRC flags £1.26k marriage allowance for Valentine’s Day

HMRC has issued a reminder to millions of married couples to make sure they are claiming the £1,260 marriage allowance tax break

13 Feb 2023

Tax

Personal Tax

Tax Planning

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Tax | National insurance top-up window to be reduced

ICAEW is warning taxpayers to check their national insurance (NI) record before 5 April 2023 when the government is reducing the window for topping up contributions

10 Feb 2023

Tax | CPD module: taxation of dividends

In this month's exclusive Accountancy Daily CPD module, we provide an overview of the taxation of dividends and distributions, how the tax is charged and reporting requirements

9 Feb 2023

Tax | Top 100 taxpayers paid £5.2bn in tax last year

The top 100 taxpayers, including JK Rowling and the founder of Wetherspoons, contributed nearly £5.2bn in tax in the UK last year

7 Feb 2023

Tax | Taxpayers pay more as fiscal drag accelerates

The impact of fiscal drag as thousands of taxpayers are dragged into higher rate tax are a cause for concern, says Dominic Bourquin, partner for tax consultancy and corporate finance, at Monahans

7 Feb 2023

Tax

Personal Tax

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Tax | Tax changes needed to encourage 50-plus cohort back to work

The sharp drop in early retirees can only be addressed if the government takes radical action to reform the current tax on pensions and IR35 trap

6 Feb 2023

Tax

Personal Tax

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Tax | Treasury minister hints at non-dom review in Budget

The House of Commons has rejected a Labour motion calling for analysis of the impact of abolishing non-dom tax status on public finances to be made public

3 Feb 2023

Tax

Personal Tax

Politics

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Tax | Thousands of tax-free childcare accounts unused

As the February half term draws closer, HMRC has issued an urgent reminder to families to register for tax-free childcare

2 Feb 2023

Tax

Personal Tax

HMRC

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Tax | Self-employed can pay voluntary class 2 NICs

Self-employed traders with profits below the small profits threshold can still pay class 2 National Insurance contributions (NIC) to top up their state pension eligibility, says ICAEW

1 Feb 2023

Tax

Employment Tax

Personal Tax

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Tax | 300k taxpayers miss tax return deadline

A record 11.7 million people submitted their tax returns on time, but over 300,000 taxpayers missed the self assessment deadline

1 Feb 2023

Tax | 2.7m taxpayers still need to do tax returns

With a few hours to go until the deadline, HMRC is urging more than two million taxpayers to get their self assessment tax return done

31 Jan 2023

Tax | Director loses £49k tax dispute over late appeal

A director has lost a First Tier Tribunal (FTT) appeal over a dispute regarding late filing penalties between 2017 and 2018, which were filed more than 1,000 days late

31 Jan 2023

Tax | HMRC clarifies digital handshake for income record viewer

HMRC has updated the guidance on how accountants can use digital handshakes to access the income record viewer

27 Jan 2023

Tax | Sole traders need to take care with SEISS on tax returns

Any sole traders or partnership members who received support from the government’s Self Employed Income Support Scheme (SEISS) during Covid must include details on tax returns

26 Jan 2023

Tax

Personal Tax

Tax Compliance

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Tax | Self assessment puts accountants under pressure

Accountants are being forced to turn away thousands of taxpayers who are yet to file their self assessment tax returns, despite the deadline being less than a week away

25 Jan 2023

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Latest news

Tax | Q&A: tax and principal private residence relief

Tax | HMRC flags £1.26k marriage allowance for Valentine’s Day

Tax | National insurance top-up window to be reduced

Tax | CPD module: taxation of dividends

Tax | Top 100 taxpayers paid £5.2bn in tax last year

Tax | Taxpayers pay more as fiscal drag accelerates

Tax | Tax changes needed to encourage 50-plus cohort back to work

Tax | Treasury minister hints at non-dom review in Budget

Tax | Thousands of tax-free childcare accounts unused

Tax | Self-employed can pay voluntary class 2 NICs

Tax | 300k taxpayers miss tax return deadline

Tax | 2.7m taxpayers still need to do tax returns

Tax | Director loses £49k tax dispute over late appeal

Tax | HMRC clarifies digital handshake for income record viewer

Tax | Sole traders need to take care with SEISS on tax returns

Tax | Self assessment puts accountants under pressure