Bringing pension pots into inheritance tax (IHT) calculations will create complexity and compliance risks for personal representatives handling estates, warns AJ Bell
With less than 30 days until the first HMRC quarterly reporting deadline for Making Tax Digital (MTD) for Income Tax, affected taxpayers are being advised to sign up as soon as possible
Roxanne Slevin MCIPP, policy officer at the Chartered Institute of Payroll Professionals, explains the new mandatory registration requirements for payroll providers from setting up an agent services accounts to new anti-money laundering oversight rules
Premier League side Newcastle United Football Club is one of this month’s top deliberate tax defaulters, owing HMRC £1.9m in tax, while accounting firms face £1.2m in unpaid bills
In this week’s Q&A, Danni Walker, tax adviser at Croner VIP Tax Team, explains the salary sacrifice implications and arm’s length basis on cars provided by business
As Wimbledon fortnight starts and the England New Zealand test series plays out, VAT expert Neil Warren CTA (Fellow) explains the nuances of VAT relief on corporate hospitality and entertainment costs
Ever rising tax gap hits 6.4% as HMRC figures show total uncollected tax hit £59.2bn, the highest figure ever with a £4.3bn rise in a year with small business accounting yet again for biggest share of non-payment and mistakes
HMRC warning on first sign-up deadline for accountants to move to mandatory multi-factor authentication (MFA) to improve security on agent services accounts
In this week’s Q&A, Vivienne Cheung, adviser at Croner VIP Tax Team explains the changes to self assessment tax return disclosures in SA102 for dividends paid to close company directors
Pension tax changes could leave families facing huge care home bills if they do not undertake careful inheritance tax (IHT) planning with deprivation of assets a clear risk, warns Lisa Morgan, partner at Hugh James
With the final deadline to register for Making Tax Digital for Income Tax looming, over 110,000 unrepresented landlords and self employed have not signed up, warns LITRG
In this week’s Q&A, David Woolley, adviser at Croner VIP Tax Team, explains the capital gains tax implications when members of a limited liability partnership want to sell out
After endless hesitations, HMRC quietly updates technical guidance confirming plan to delay most of the elements of mandatory real-time payrolling for benefits in kind, except for cars and medical insurance