Tax Compliance

Latest news

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Tax | Online sellers targeted for unpaid tax

HMRC has information on thousands of online sellers who have failed to pay tax on sales over the internet

26 Apr 2023

Tax | Tax for short-term business visitors

With the annual reporting deadline of 31 May approaching, Kenny Law, senior manager, global mobility services at Crowe, sets out the payroll compliance requirements for short-term business visitors to the UK

26 Apr 2023

Tax | Q&A: stamp duty and non-resident tax charge

In this week’s Q&A, we consider the stamp duty tax implications when a non-resident buy to let landlord purchases a UK property from their own company

25 Apr 2023

Tax

Property Tax

Tax Compliance

Tax | Tax take was up 10% in a single year

The total tax collected by HMRC soared this year by £71.1bn to £786.6bn, up from £633bn pre-covid as a result of the highest tax burden in 40 years

25 Apr 2023

Tax | Mandatory MTD for VAT from 15 May

HMRC has confirmed that companies will no longer be able to use existing VAT online accounts to file their annual VAT returns under any circumstances

24 Apr 2023

Tax | Sky Sports presenter loses IR35 case

A Sky Sports tennis presenter has lost a First Tier Tribunal (FTT) appeal related to an IR35 tax liability as he appealed too late

21 Apr 2023

Tax | CPD module: buy to let tax issues for landlords

In this month’s exclusive Accountancy Daily CPD learning module, we examine the tax issues facing buy to let landlords

20 Apr 2023

Tax | HMRC clarifies tax on termination payments

A number of changes to the way termination payments are taxed means that employers need to take extra care when making staff redundant

20 Apr 2023

Tax | EU VAT moves towards full digitalisation

High levels of VAT fraud across Europe have resulted in a rapid move towards digital reporting requirements across member states, which will affect UK exporters, explains Alex Smith, director, consulting services at Sovos EMEA

20 Apr 2023

Tax

VAT

Tax Compliance

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Tax | Definition of van for expenses purposes clarified

HMRC has reminded employers to check the classification of company cars and vans for benefit in kind purposes after the Coca-Cola Court of Appeal ruling

19 Apr 2023

Tax

Employment Tax

Tax Compliance

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Tax | Q&A: basis period transition and tax calculation

In this week’s Q&A, Croner-i tax adviser David Lawson, explains how to calculate profits and tax liability during the transitionary basis period

18 Apr 2023

Tax

Business Tax

Tax Compliance

Image for hmrc plans points based penalties self assessment

Tax | HMRC plans points-based penalties for self assessment

The current standard £100 fine for late filing of self assessment tax returns is due to be changed to a points-based system from 2026

17 Apr 2023

Tax | Discounted gift trust interest rate rises

The valuation rate of interest used by HMRC in valuing the retained rights under discounted gift trust schemes will increase from 4.5% to 6.75%

17 Apr 2023

Tax | Homeowners lose £177k SDLT appeal

A homeowner has lost a First Tier Tribunal (FTT) appeal over a disputed stamp duty land tax (SDLT) bill related to whether the property was safe to occupy

14 Apr 2023