Taxpayers signed up to the Making Tax Digital (MTD) for Income Tax trial face major problem settling payment on account as financial information held in separate HMRC systems
Lords urges government to assess impact of the death of a director on the valuation of a business for inheritance tax as most business property relief removed
In this week’s Q&A, Roger Bradbury, tax adviser at Croner-i VIP Tax Team, explains the registration requirements when property alterations lead to liability for annual tax on enveloped dwellings (ATED)
HMRC issues warning phone lines closed on self assessment deadline day as over three million taxpayers still need to submit tax returns and pay outstanding tax bills
Caroline Foulger, partner at Hunters Law considers the impact of the 2% increase in property income tax rates from April 2027 and compares the tax position for residential landlords if incorporation is taken
In this week’s Q&A, Vanessa Matthews, adviser at Croner-i VIP Tax Team, explains employer and employee national insurance liability when reaching state pension age
Millions risk missing out on pension tax relief if they are higher rate taxpayers and do not file a self assessment tax return or use HMRC online claim service
For some small business owners and sole traders, the run-up to 31 January comes with a stressful reality: tax is due but the cash simply isn’t there, says Lee Murphy, managing director of The Accountancy Partnership
In a subdued Treasury Committee, new HMRC boss tells MPs he is instilling ‘kinder environment’ at the tax authority, but faces recruitment difficulties with push to hire more than 5,000 staff