Developing countries have collected almost $500m (£401m) in additional revenues as a result of an international programme to tackle multinationals' tax compliance, the OECD reports
Croner-i tax writer Paul Davies FCA CTA examines the tax consequences of the disposal of asset types, including intangible fixed assets and capital allowance assets
In our regular VAT Q&A series, Croner Taxwise VAT adviser Tony Chamberlain examines whether reduced rate VAT is chargeable on renovation work on a bungalow which has lain empty for more than two years
HMRC has won a First Tier Tribunal (FTT) case concerning the employment status of three BBC presenters who used personal service companies (PSCs), in an IR35 ruling involving over £300,000 in tax which threatens to add to the ‘chaos’ around how the employment rules should be applied
In the event the UK leaves the EU without an agreement, HMRC has warned that the current agreements to avoid double payment of the equivalent of national insurance contributions (NICs) in member states will be voided, affecting seconded employees
Ireland and Italy have lost a lengthy battle to overturn an EU demand for the recovery of millions of euros in taxes from two aluminium metal manufacturers, following a judgment that a tax exemption amounted to illegal state aid
Two US subsidiaries of financial services giant Prudential Financial have been censured by the US Securities and Exchange Commission (SEC) for failing to disclose conflicts of interest and making misleading disclosures, after they were reorganised so that Prudential received over $200m (£160m) in tax benefits to the detriment of funds they advised
In a first for a global tax authority, New Zealand has clarified the guidance for companies who pay staff in cryptocurrency and need to complete tax returns. Peter Stewart, associate at Cooke, Young & Keidan assesses the risks and compliance issues
The Charity Tax Commission’s latest review of the charity tax system criticised the lack of accountability over Gift Aid which is costing taxpayers £5bn a year in tax breaks to charities. Croner-i lead tax writer Stephen Relf CTA FCA explains why Gift Aid reform is overdue
In our regular Q&A series from Croner Taxwise, Alexander McCarthy explains when a claimed capital allowance is allowable in the event that a hire purchase agreement on a car has not been paid off
Mazars USA has been issued with a court subpoena requiring the firm to supply details of Donald Trump’s personal and business tax returns covering an eight year period, in the latest stage in a lengthy legal battle to obtain information about the president’s tax affairs
Small business taxpayers feel that HMRC does not understand their needs and are worried that any mistakes will be perceived as intentional and result in penalties
The European Commission has launched in-depth investigations into dozens of multinationals which had negotiated special tax deals with Belgian authorities to slash their tax bills
HMRC has admitted to an error in its information about applying the tour operators margin scheme (TOMS), and has now published a correction and details of how businesses who have paid too much VAT from 1 March 2019 can correct the overpayment
HMRC has released details of data sharing arrangements with local authorities where it is trialling self assessment and tax data exchange to clamp down on council tax debt