Tax | HMRC delays RTI reporting on employee hours and dividends

Plans to force employers to include details of employee working hours and dividends paid to directors on PAYE real time information reports are on hold

22 Aug 2024

Tax

Employment Tax

HMRC

Tax | HMRC accused of ‘misusing’ powers to amend R&D claims

An accountancy firm has accused HMRC of correcting up to 2,100 research and development (R&D) tax relief claims, claiming it is abuse of its powers which HMRC said is ‘simply untrue’

21 Aug 2024

Tax

Business Tax

HMRC

Tax | £1.2bn paid in stamp duty in July

The amount of tax paid on property purchases is rising by the month and with the threshold set to be cut in 2025 more people will be dragged into stamp duty land tax

21 Aug 2024

Tax

Personal Tax

Property Tax

HMRC

Tax | HMRC clarifies compliance with VAT One Stop Shop

HMRC has published details on how to cancel or make changes to VAT One Stop Shop (OSS) Union scheme registrations

21 Aug 2024

Tax

VAT

HMRC

Tax Compliance

Tax | Tax filing deadlines: Aug to Dec 2024

Deadline for amending corporation tax returns for accounting periods ended 31 August 2022

19 Aug 2024

Tax

HMRC

Tax Compliance

Tax | Fraudsters target companies with fake HMRC letters

HMRC is warning business owners to ignore a letter from fraudsters pretending to be the tax authority and demanding confidential business information and bank statements

19 Aug 2024

Tax

HMRC

Tax Compliance

Tax | How to report student loans on PAYE payroll

HMRC has issued an update to employers clarifying how to deal with student loan or postgraduate loan start notices, called SL1 or PGL1

16 Aug 2024

Tax

Employment Tax

HMRC

Tax Compliance

Tax | Lycamobile faces winding up petition over £51m VAT bill

In July Lycamobile was facing a £51m VAT bill but now HMRC has slapped the mobile network provider with a winding up petition through an application to the High Court

15 Aug 2024

Tax

Business Tax

VAT

HMRC

Tax Compliance

Tax | HMRC's refusal to restore 24 tonnes of cat litter was ‘unreasonable’

A pet supply importer based in Turkey had its supply of cat litter seized when being imported due to HMRC believing the appellant hadn’t paid import VAT

14 Aug 2024

Tax

Business Tax

VAT

HMRC

Tax Compliance

Case Reports

Tax | £327m of inheritance tax could have been paid unnecessarily

As inheritance tax (IHT) receipts continue to rise there may be some who have unnecessarily overpaid due to life insurance not being in a trust

13 Aug 2024

Tax

Personal Tax

Inheritance Tax

HMRC

Tax | £60k MDR appeal allowed at the FTT

A £1.8m property called ‘Gilboa Barn’ is entitled to multiple dwelling relief (MDR) in the eyes of the First Tier Tribunal

13 Aug 2024

Tax

Property Tax

HMRC

Case Reports

Tax | HMRC football crackdown raises £67.5m

A spate of investigations across the football world has raised £67.5m in extra tax after HMRC probed clubs, players and agents

13 Aug 2024

Tax

Personal Tax

HMRC

Tax | HMRC wins Labeikis claim against validity of loan charge

A group of over 50 taxpayers has lost a case at the High Court over whether the loan charge was compatible with EU law

9 Aug 2024

Tax

HMRC

Case Reports

Tax | Crypto investors will not be able to avoid tax, warns HMRC

HMRC is ramping up activity to target known crypto investors who have not declared their taxable gains with letters requiring a response

8 Aug 2024

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Costs battles with HMRC – lessons from Emile Heskey case

Francis Kendall, director and costs lawyer at Kain Knight examines the implications of a court’s decision to land former footballer Emile Heskey with nearly £200,000 in costs for HMRC’s legal fees, and how difficult it is to dispute the tax authority’s costs

8 Aug 2024

Tax

Personal Tax

HMRC