Not all the nine million pensions receiving a winter fuel payment into their bank accounts from today will be able to keep the benefit as it will be taxable for several millions
People selling homemade crafts and Christmas cards at markets this December need to keep within the £1,000 side hustle threshold, or face a demand from HMRC
After delaying the original mandatory reporting rollout by a year, HMRC calls in payroll expert for 18-month secondment to help with development of mandatory payroll expensing for businesses
A surge in HMRC letters to crypto investors is causing widespread concern about a lack of awareness about their individual tax liability, warns Neil Tipping, lead tax enquiry consultant at Croner-i VIP Tax Team
In a big push to improve tax compliance, HMRC sent out over 65,000 nudge letters to hobby crypto traders it suspects of underpaying tax on gains, while holders not clear about tax rules
Specialist canine security firm loses tax dispute over application of agency legislation in section 44 to 47 of ITEPA to pay dog handlers as animals are plant
In this week’s Q&A, David Woolley ATT, tax adviser at Croner-i VIP Tax Team, explains the tax considerations for funding bonds when converting a loan to a company into shares under s322(4) debt to equity rules
Any taxpayers still doing a paper self assessment tax return must file their 2024-25 forms by Friday 31 October, which means getting them in the post sharpish
Just half a million people pay a third of income tax and capital gains tax (CGT) with 100 of the ultra high net worth individuals shelling out £4.11bn in a single year
Tax take for September hit £71.2bn, up an eye watering £7.7bn on the same time last year, highlighting the shocking impact of soaring tax rates and fiscal drag
Pizza Hut has been sold in a prepack deal to US hospitality giant saving only 64 restaurants after private equity backed owner faced HMRC winding up petition
Online services at HMRC were knocked out by global outage of Amazon Web Services (AWS) for several hours on Monday morning, putting burden on phone lines