Tax Compliance

Latest news

Image for hmrc launches fewer dawn raids

Tax | HMRC launches fewer dawn raids

HMRC raided 1,082 homes and businesses last year as part of criminal investigations into tax evasion, but the numbers of unannounced visits are falling as the tax authority has access to more targeted information

10 Feb 2020

Tax | OECD set to review country-by-country reporting rules

The OECD is consulting on a review of its country-by-country reporting (CBCR) standard which forms part of the ongoing work on base erosion and profit shifting (BEPS)

10 Feb 2020

Tax | US tax authority treats cryptocurrency assets as ‘property’

The US Internal Revenue Service (IRS) is under fire over its decision to classify cryptoassets as ‘property’ in its guidance on taxation for virtual currencies

6 Feb 2020

Tax

International Tax

Tax Compliance

Tax | Wales to consult on social care tax

The Welsh government is to look more closely at the potential for introducing a tax increase to cover the rising costs of social care

5 Feb 2020

Tax | Brexit subdues property tax take

Brexit had a dampening effect on stamp duty land tax (SDLT) receipts at the end of last year with the figure flatlining at £3.3bn, less than 1% ahead of the tax take recorded in the same quarter in 2018

5 Feb 2020

Tax | Tax on non-resident UK land sales - CPD module

This month's exclusive Accountancy Daily CPD module focuses changing tax rules for non-residents planning to sell UK property for individuals, trustees and companies

4 Feb 2020

Tax | Q&A: deferred state pension and tax liability

In our regular Q&A series from Croner Taxwise, tax adviser, Julian Payne explores the implications of income tax when drawing money from a deferred state pension

4 Feb 2020

Tax | 958,000 taxpayers miss self assessment deadline

A record 10.4m taxpayers filed their self assessment tax returns online by the 31 January deadline, but nearly a million returns are still outstanding

3 Feb 2020

Tax | IR35 activists plan demo outside parliament

Anti IR35 campaign group, Stop the Off-Payroll Tax, is planning a demonstration in Westminster later this month to lobby MPs to stop IR35 reform plans

3 Feb 2020

Tax | VAT updates: February 2020

In this month’s VAT updates, Graham Elliott considers digital newspapers in News Corp v HMRC, ongoing DIY housebuilder time limits cases and new regulations relating to call off stocks

3 Feb 2020

Tax | Tax updates: February 2020

In this month’s round up of all the tax news, kickboxing company loses VAT case, Dixons loses bouncing cheque claim, TheWorks faces £350k VAT bill, and homeowners face seismic CGT shift

3 Feb 2020

Tax | NICs threshold increases by £104 from April

Changes to national insurance contributions (NICs) will see the threshold rise by 10% in the new tax year with a maximum tax cut of £104

31 Jan 2020

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

Download the RPI index for December 2019, CGT indexation allowance, HMRC rates of interest, plus stamp duty rates for all parts of the UK

30 Jan 2020

Tax

Tax Compliance

Image for portugal looks curb tax breaks foreigners

Tax | Portugal looks to curb tax breaks for foreigners

Portugal is set to curb its tax cuts for foreigners, with plans to end zero-tax regime for foreign pensioners and limit ‘golden visa’ residence scheme for wealthy investors

30 Jan 2020

Tax | Sports Direct part settles €674m Belgium VAT probe

Frasers Group, formerly known as Sports Direct International, says it has largely resolved a €674m (£571m) probe into its tax affairs after Belgian tax authorities cancelled most of the bill

30 Jan 2020

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VAT

Tax Compliance

Image for employment allowance nic break targets small business

Tax | Employment allowance NIC break targets small business

From April, changes to the employment allowance will become de minimis state aid and HMRC has made the reporting rquirements less painful to encourage smaller businesses to use the tax break to reduce their NICs' bill

30 Jan 2020

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Tax Services

Latest news

Tax | HMRC launches fewer dawn raids

Tax | OECD set to review country-by-country reporting rules

Tax | US tax authority treats cryptocurrency assets as ‘property’

Tax | Wales to consult on social care tax

Tax | Brexit subdues property tax take

Tax | Tax on non-resident UK land sales - CPD module

Tax | Q&A: deferred state pension and tax liability

Tax | 958,000 taxpayers miss self assessment deadline

Tax | IR35 activists plan demo outside parliament

Tax | VAT updates: February 2020

Tax | Tax updates: February 2020

Tax | NICs threshold increases by £104 from April

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

Tax | Portugal looks to curb tax breaks for foreigners

Tax | Sports Direct part settles €674m Belgium VAT probe

Tax | Employment allowance NIC break targets small business