HMRC

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Tax | R&D compliance reviews – the correct approach

For any company using research and development (R&D) tax relief, there is always the concern that HMRC could come calling, explains James Eason, enquiry consultant at Croner-i My VIP Tax Team

27 Mar 2025

Tax | Spring Statement: £20k threshold for MTD from 2028

All self employed and landlords with income over £20,000 will have to file quarterly returns under Making Tax Digital for Income Tax from 2028

26 Mar 2025

Tax

Making Tax Digital

HMRC

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Tax | Spring Statement: crackdown on tax advisers with £3k daily fines

Any tax advisers HMRC suspects of breaching tax rules by clients are going to come under increased scrutiny with proposals to issue fines of up £3,000 a day and new liability for firms

26 Mar 2025

Tax | Spring Statement: late payment penalties rise to 10%

Late payment penalties for taxpayers are set to increase from the new tax year, the chancellor announced in her first Spring Statement

26 Mar 2025

Tax | Spring Statement: funding for HMRC to tackle tax evaders

Tax evaders and those who blatantly ignore their tax liabilities are going to be targeted more harshly by HMRC, the chancellor said in her first Spring Statement, while the wealthy team will be expanded

26 Mar 2025

Tax | Self assessment tax refund texts from HMRC

HMRC has issued a warning to taxpayers that they may receive an official text confirming that their tax refund is being processed

26 Mar 2025

Tax

Personal Tax

HMRC

Tax | HMRC launches email escalation service for agents

In an attempt to sort out huge service delays at HMRC, tax agents and accountants will be given access to an escalation process if PAYE queries are taking more than four weeks to resolve

26 Mar 2025

Tax

HMRC

Image for family wins ps700k inheritance tax appeal over trust status

Tax | Family wins £700k inheritance tax appeal over trust status

The executors of a family estate have won an appeal at the Upper Tribunal against inheritance tax (IHT) on the sale of a property that was placed in a trust eight years before the property owner died

25 Mar 2025

Tax | Court fails to decide £470k VAT status of giant marshmallows

HMRC has won at the Court of Appeal to have the mega marshmallow VAT case sent back to the First Tier Tribunal to decide whether they are ‘normally eaten with the fingers’

24 Mar 2025

Tax

VAT

HMRC

Image for biker locksmith wins ps6k vat appeal no proof provided

Tax | Biker locksmith wins £6k VAT appeal as no proof provided

A locksmith who represented himself at the First Tier Tribunal (FTT) won an appeal against a VAT penalty for three BMW motorbikes used for work

21 Mar 2025

Tax | Stamp duty tax take up £300m in rush to beat deadline

Tax receipts are up 5.3% so far on the year but almost £300m more has been paid in stamp duty land tax this February than last while inheritance tax was up 12%

21 Mar 2025

Tax | Worried about a COP9 tax investigation? Don’t panic

When HMRC launches a COP9 investigation, they can go back 20 years into tax records so putting a foot wrong can be damaging and costly, explains Uzair Delair, HMRC enquiry expert at Croner-i My VIP Tax Team

20 Mar 2025

Tax | Accountants, models and sports agents owe £101m in tax and penalties

An accountancy practice is in this month’s top 10 of deliberate tax defaulters owing £2.4m in unpaid tax and penalties, joined by son of Pakistan’s former prime minister

19 Mar 2025

Tax | HMRC clarifies subcontracted activities for SME R&D tax relief

The definition of subcontracted activities is critical to R&D tax claims by SMEs and the latest HMRC clarification sheds some new light, explains Richard Edwards, CEO of R&D Community

19 Mar 2025

Tax | Q&A: tax and travel expenses

In this week’s Q&A, Croner-i VIP Tax Team adviser Natasha Saina unravels the complexities of when to claim travel expenses for tax purposes when travelling between workplaces

18 Mar 2025