Tax Compliance

Latest news

Image for it contractor loses ps75k ir35 appeal

Tax | IT contractor loses £75k IR35 appeal

HMRC has won a First Tier Tribunal (FTT) against an IT contractor who contested almost £75,000 in taxes and national insurance contributions (NICs) due under off-payroll rules

10 Mar 2020

Tax | Q&A: tax and pension drawdown after spouse's death

In our regular Q&A series from Croner Taxwise, tax consultant, David Woolley explains the inheritance tax and income tax considerations when claiming a deceased spouse's pension

10 Mar 2020

Tax | Tax bill sees classic Bristol Cars sputter to a halt

Iconic British motoring brand Bristol Cars has ceased trading after 70 years following a winding up order from HMRC over unpaid tax

6 Mar 2020

Restructuring & Insolvency

Image for statutory sick pay three day limit lifted covid 19

Tax | Statutory sick pay three-day limit lifted for covid-19

The government has confirmed that it will waive the three-day rule for statutory sick pay to kick in for workers self-isolating due to coronavirus

4 Mar 2020

Tax | EU to take action on tax evasion by individuals

The European Commission has launched its first ever EU-wide campaign to tackle the black economy which is distorting competition between businesses and leads to large gaps in public finances, particularly in southern Europe

4 Mar 2020

Tax

Personal Tax

Tax Compliance

Image for call chancellor reform tax policy approach

Tax | Call for Chancellor to reform tax policy approach

A group of tax experts is calling on the Chancellor to take a more considered approach to making tax policy in line with international practice and reduce the compliance burden

3 Mar 2020

Tax | Directors' loans and tax liability - CPD module - NEW

This month's exclusive Accountancy Daily CPD module focuses on the tax treatment of close company loans to directors and shareholders

3 Mar 2020

Tax | Q&A: excluded income and dividends

In our regular Q&A series from Croner Taxwise, tax adviser, Ghulam Mustafa assess the income tax liability of a non-resident who receives UK dividends from their investments

3 Mar 2020

Tax | HMRC issues draft rules for loan charge repayments

HMRC has published details of proposed legislation for setting up a scheme to administer refunds to taxpayers who made voluntary payments prior to a change in the rules regarding the loan charge

2 Mar 2020

Tax | Tax data: CGT data, HMRC rates of interest - Mar 2020

Download the RPI index for March 2020, CGT indexation allowance, HMRC rates of interest, plus stamp duty rates for all parts of the UK

2 Mar 2020

Tax

Tax Compliance

Tax | VAT updates: March 2020

In this month’s VAT updates, Graham Elliott considers charity construction relief in Marlow Rowing Club, HMRC’s reaction to the News Corp decision and the supply of medics in Archus Trading Ltd

2 Mar 2020

Tax | Tax filing deadlines: Mar - Jun 2020

The key HMRC filing deadlines including payment of outstanding income and capital gains tax for 2018-19 personal tax returns and corporation tax fourth quarterly instalment payment

2 Mar 2020

Tax | Tax updates: March 2020

In this month’s round up of tax news, TV presenter Eamonn Holmes loses IR35 appeal, accountant loses goodwill dispute with HMRC, Vodafone faces £5.4bn Indian tax bill, Sports Direct swerves Belgian VAT charge and IR35 soft landing penalties

2 Mar 2020

Tax | Student Loans Company trials online overpayment refunds

The Student Loans Company (SLC) is trialling automatic bank refunds to individuals who have overpaid their student loans, as part of moves to improve its repayment service

28 Feb 2020

Tax | IR35 implementation review commits to April 2020 start date

With weeks to go until the IR35 rules come into force, the government has released the findings of its off-payroll review, with no backtracking on initial plans

27 Feb 2020