Tax | Scrap metal trader loses £3.5m VAT case

A scrap metal trader has lost a First Tier Tribunal (FTT) appeal related to a fraudulent claim for VAT input tax totalling £3.5m

12 May 2023

Tax

VAT

HMRC

Tax Compliance

Tax | HMRC clarifies illegality of repayment agent agreements

HMRC has updated the guidance on the standard for agents to clarify that any ongoing agreements with repayment agents have no legal effect

11 May 2023

Tax

Personal Tax

HMRC

Tax Compliance

Tax | HMRC sitting on £11.9bn in overpaid corporation tax

Businesses overpaid £11.9bn in corporation tax in the last tax year, with HMRC unlikely to address overpayment unless the company realises the mistake

11 May 2023

Tax

Business Tax

Tax Compliance

Tax | Wholesaler loses £1.2m VAT appeal

A cash and carry business has lost a First Tier Tribunal (FTT) appeal related to the deduction of VAT input tax totalling £1.2m, which HMRC argued held a connection with fraud 

10 May 2023

Tax

VAT

HMRC

Tax Compliance

Case Reports

Tax | Ex-rugby captain given time to clear £700k tax debt

Former England rugby union player Lawrence Dallaglio has been given more time to clear a tax debt worth £700,000 following a bankruptcy petition by HMRC

10 May 2023

Tax

HMRC

Tax Compliance

Tax | Q&A: tax on car benefit for disabled employee

In this week’s Q&A, Sue Walker, payroll adviser at Croner-i, explains the tax implications of a company car for a disabled employee for private use

9 May 2023

Tax

Employment Tax

Tax Compliance

Tax | Southend FC faces another HMRC winding-up threat

Southend United football club have been served another winding-up petition by HMRC after settling a £1.4m tax bill

5 May 2023

Tax

Business Tax

HMRC

Tax Compliance

Tax | Software shareholder loses £1.1m appeal

A shareholder of a financial software company has lost a First Tier Tribunal (FTT) appeal against a tax demand for £1.1m related to the sale of shares  

5 May 2023

Tax

Business Tax

HMRC

Tax Compliance

Case Reports

Tax | Filing deadlines: May - July 2023

Our handy guide to tax filing deadlines from VAT payments due for month or quarter ended 31 March 2023 and employers to give employees P60s for 2022–23

2 May 2023

Tax

HMRC

Tax Compliance

Tax | Q&A: capital allowances on helicopter

In this week’s Q&A, Croner-i’s Stuart Farmer, considers the tax reliefs available when buying a helicopter as a trading asset

2 May 2023

Tax

Business Tax

Tax Compliance

Tax | HMRC to be given powers to curb crypto tax abuse

The government has launched a consultation to consider giving HMRC more powers to recover unpaid tax on crypto transactions directly from digital wallets

2 May 2023

Tax

Business Tax

HMRC

Tax Compliance

Consultations

Tax | HMRC to fix double taxation risk of IR35 pay

HMRC has launched a consultation to look at reform of the double taxation problem with off-payroll working payments

28 Apr 2023

Tax

Business Tax

Personal Tax

HMRC

Tax Compliance

Tax | MPs intervene over Apostle Accounting tax rebate claims

MPs have written to HMRC calling for a meeting to discuss concerns about Apostle Accounting after clients said they had to repay tax refunds arranged by the firm

27 Apr 2023

Personal Tax

HMRC

Tax Compliance

Finance

Law and Regulation

Tax | Confusion over duplicate simple assessment tax demands

HMRC is issuing paper copies of simple assessments including some for tax demands that have already been paid

27 Apr 2023

Tax

Personal Tax

HMRC

Tax Compliance

Tax | HMRC expands SMS service to cut adviser calls

HMRC is planning to extend an initial trial text message service to cover the majority of straightforward enquiries to reduce the number of callers taking up time on phone lines

27 Apr 2023

Tax

HMRC

Tax Compliance