Tax | HMRC targets unregulated tax advisers

HMRC is investigating 153 unregulated tax advisers for allegedly helping clients avoid tax, says international law firm RPC

13 Sep 2021

Tax

Business Tax

Personal Tax

HMRC

Tax Compliance

Tax | Debtors do not see tax bill as priority but 'fear' HMRC

As HMRC clamps down on outstanding taxpayer debt, research shows that people do not necessarily view tax bills as important to settle compared with other household and business debt

9 Sep 2021

Tax

Personal Tax

HMRC

Tax Compliance

Tax | HMRC set to take action on £7bn furlough fraud

Mid-sized businesses should prepare for a flood of letters from HMRC as furlough draws to a close and the government looks to recoup a suspected £7bn of fraudulent Coronavirus Job Retention Scheme (CJRS) claims

9 Sep 2021

Tax

Employment Tax

HMRC

Tax Compliance

Tax | Amazon pays £492m tax as online sales surge

Following a hike in online sales during the pandemic, Amazon has paid £492m in UK corporatiaon tax, up from £293m in 2019

8 Sep 2021

Tax

Business Tax

International Tax

Tax Compliance

Tax | Defining Scottish and Welsh taxpayers

Stephanie Webber, tax writer at Croner-i, assesses the issues to consider when dealing with the tax status of Scottish and Welsh taxpayers, including residency requirements 

8 Sep 2021

Tax

Personal Tax

Tax Compliance

Tax | Q&A: tax liability on state pensions

In our weekly Q&A series, Suzanne Rowland, tax adviser at Croner Taxwise, considers whether tax is payable on a state pension and compliance with self assessment

7 Sep 2021

Tax

Personal Tax

Tax Compliance

Business

Pensions

Tax | Eclipse Film Scheme investors offered settlement opportunity

HMRC plans to give investors in the Eclipse Film Scheme the chance to resolve outstanding tax bills, accepting that the original £1.6bn tax bill would not be recovered

7 Sep 2021

Tax

Personal Tax

HMRC

Tax Compliance

Tax | HMRC faces repayment of potential £45m of follower notice penalties

HMRC may have to repay tens of millions in follower notice penalties issued to taxpayers, after a key decision in the Supreme Court last month cast doubt on their legitimacy

7 Sep 2021

Tax

Personal Tax

HMRC

Tax Compliance

Tax | European banks shift £17.5bn to tax havens

The main European banks book 14% of their total profits in tax havens each year despite the introduction of mandatory information disclosure through country by country reporting

6 Sep 2021

Tax

Business Tax

International Tax

Tax Compliance

Tax | Over half of medium-sized businesses delay adopting IR35 rules

More than half of mid-sized businesses do not have a formal process in place to track off payroll workers for IR35 compliance, according to research released by BDO

6 Sep 2021

Tax

Employment Tax

Tax Compliance

Tax | Helping clients claim self-employed income support scheme (SEISS)

Sudesh Sud, CEO and founder of digital tax software at Apari discusses the role accountants can play in helping clients claim for the  self-employed income support scheme (SEISS) and eligibility criteria

6 Sep 2021

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | Why multiple dwellings relief is a hard hurdle to leap

Zigurds Kronbergs, senior tax writer at Croner-i, looks at recent Tribunal decisions dismissing claims for multiple-dwellings relief from stamp duty land tax and considers ways to use the tax rules to gain advantage

2 Sep 2021

Tax

Property Tax

Tax Compliance

Case Reports

Tax | Filing deadlines: September – December 2021

In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates from the deadline for corporation tax second quarterly instalment payment for very large companies and final claims for coronavirus job retention scheme 

2 Sep 2021

Tax

Business Tax

Employment Tax

Tax Compliance

Tax | Q&A: tax liability on loan to shareholder

In our regular Q&A series, Croner Taxwise tax consultant Vivienne Cheung considers whether a loan to a non-employee shareholder should be treated as a benefit in kind

31 Aug 2021

Tax

Business Tax

Personal Tax

Tax Compliance

Tax | ‘Transparent’ businesses exempt from uncertain tax notifications

HMRC has updated its policy paper explaining the requirement for large businesses to notify the tax authority when they have adopted an uncertain tax treatment, due to come in next year

26 Aug 2021

Tax

Business Tax

Tax Compliance

Tax Planning