Tax Compliance

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Tax | Q&A: Covid-19 small business grants

The government has made grants available for small businesses who are currently feeling the pressure of the Covid-19 pandemic, but what are the VAT implications of these grants? Croner Taxwise VAT consultant, Vivienne Scott at explains

5 May 2020

Tax | Covid-19: tax credits unaffected

HMRC has confirmed that anyone unable to work their normal hours because of coronavirus will continue to receive tax credits as usual

5 May 2020

Tax | Tax reform back on agenda in wake of Covid-19

Post-pandemic fallout could see government grasping for tax reforms, but questions remain over how to create a system that is fair, simple and certain, writes Philip Smith

1 May 2020

Tax | Opera house loses input VAT appeal over ice cream sales

HMRC has won an Upper Tribunal appeal over a bid by the Royal Opera House to include ice cream and champagne sales at the venue when recovering VAT input tax associated with its production costs

30 Apr 2020

Tax | Covid-19: travel restrictions impact tax residence

Directors need to monitor carefully their location when making board meeting decisions to avoid an unintended taxable presence during the current lockdowns, say Stuart Sinclair and Serena Lee of law firm Akin Gump

30 Apr 2020

Tax | Covid-19: tax consultation deadlines extended

HMRC and the Treasury have set out revised timelines for tax policy consultations and other work in the light of the current Covid-19 crisis, in order to allow more time for feedback, but say that all planned reforms will still go ahead

29 Apr 2020

Tax | Covid-19: charities can claim gift aid on cancelled event tickets

HMRC has announced changes to help charities process refunds, collect donations and claim gift aid for events cancelled due to coronavirus

29 Apr 2020

Tax | Rayney on furlough - does it make sense for all businesses?

The Coronavirus Job Retention Scheme – based on the 80/20 approach as per the Pareto Principle – gives businesses an invaluable lifeline but they must follow the rules. Peter Rayney FCA CTA, our favourite tax expert and vice president of the Chartered Institute of Taxation (CIOT), examines the potential pitfalls of the emergency covid-19 furlough rules

24 Apr 2020

Tax | HMRC loses latest round of £1bn Zipvit VAT case at Supreme Court

With £1bn at stake in disputed VAT, the Zipvit VAT case over whether a mail order trader is entitled to make input VAT deductions, could have far reaching implications for online businesses now it is heading to the EU Court of Justice. Philip Smith reports

23 Apr 2020

Tax | Denmark and Poland ban covid-19 grants for multinationals based in tax havens

Denmark and Poland are the first EU countries to refuse to pay taxpayer funded grants to giant multinationals with head offices registered in tax havens, reports Pat Sweet

22 Apr 2020

Tax | Covid-19: Branson told BVI lockdown hideaway not a collateral asset

Multimillionaire Sir Richard Branson has been told that the government is not prepared to hand out a £500m bailout loan for Virgin Atlantic, the airline in which he owns a minority 20% stake, with majority shares held by EU and US owned carriers

22 Apr 2020

Tax | Top tips: furlough and the Coronavirus Job Retention Scheme

HMRC announced on Wednesday 15 April that the eligibility cut-off date for the Coronavirus Job Retention Scheme is now 19 March 2020 (originally this date was 28 February 2020). Here our Croner Taxwise experts explain the intricacies of the furlough scheme

21 Apr 2020

Tax | HMRC emails two million eligible businesses login details for furlough portal

The government has sent personalised emails to an estimated two million eligible employers who operate PAYE systems with final details about how the furlough claim scheme will work and what employer reference codes will be required, with a step by step guide to how to use the furlough claim portal. Sara White reports

20 Apr 2020

Tax | Furlough start date extended to 19 March

The government has extended the start date for eligibility for furlough to 19 March from original 28 February meaning 200,000 more people can benefit, reports Sara White

15 Apr 2020

Tax | Salary sacrifice schemes can be changed as covid-19 ‘life event’

HMRC has updated its guidance for employers who offer salary sacrifice schemes in light of the current coronavirus pandemic, declaring Covid-19 (C19) to be a ‘life event’ and so a reason to make a change in previous arrangements

15 Apr 2020

Tax | Covid-19: HMRC suspends enquiries into taxpayers

HMRC is relaxing parts of its regime for investigating taxpayers and businesses it believes may have under-reported tax liabilities correctly, but individuals and firms have been warned not to be lulled into a false sense of security, reports Pat Sweet

14 Apr 2020

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Tax Services

Latest news

Tax | Q&A: Covid-19 small business grants

Tax | Covid-19: tax credits unaffected

Tax | Tax reform back on agenda in wake of Covid-19

Tax | Opera house loses input VAT appeal over ice cream sales

Tax | Covid-19: travel restrictions impact tax residence

Tax | Covid-19: tax consultation deadlines extended

Tax | Covid-19: charities can claim gift aid on cancelled event tickets

Tax | Rayney on furlough - does it make sense for all businesses?

Tax | HMRC loses latest round of £1bn Zipvit VAT case at Supreme Court

Tax | Denmark and Poland ban covid-19 grants for multinationals based in tax havens

Tax | Covid-19: Branson told BVI lockdown hideaway not a collateral asset

Tax | Top tips: furlough and the Coronavirus Job Retention Scheme

Tax | HMRC emails two million eligible businesses login details for furlough portal

Tax | Furlough start date extended to 19 March

Tax | Salary sacrifice schemes can be changed as covid-19 ‘life event’

Tax | Covid-19: HMRC suspends enquiries into taxpayers