HMRC investigations into large business tax affairs are becoming increasingly drawn out and are now taking almost three years to settle, according to analysis by Pinsent Masons

In the case of Frank A Smart & Sons Ltd [2017] CSIH 77, the appeal at the Scottish Court of Session focused on whether a farming company could reclaim VAT on the purchase of single farm payment entitlements (SFPEs). Croner Taxwise VAT consultant Julie Green considers the implications of the appeal judgment against HMRC

Environment secretary Michael Gove has signalled his intention to crackdown on water companies using offshore tax structures, suggesting they should take steps to ensure their tax planning arrangements meet the standards for responsible behaviour, or face further regulatory challenge

Meg Wilson CTA, tax writer at Croner-i, explains the key payment dates for corporation tax payments for the largest businesses with profits in excess of £1.5m as new rules reducing the payment period are set to come into force from 1 April 2019

The US Internal Revenue Service (IRS) has released Notice 1036, updating the income tax withholding tables for 2018 reflecting changes to personal tax rates made by the US tax reform legislation enacted in December

On 23 January the Book Club in Shoreditch is hosting a self assessment party, providing free tea and coffee and chilled out tunes for those who are working away to meet the 31 January filing deadline

It is important to remember that you could easily become a higher rate tax payer as a result of the mortgage interest relief restriction interest restriction, particularly relevant to buy-to-let owners, warns Lisa Macpherson, head of tax technical at PKF Francis Clark

Tech giant Apple has paid an additional £136m in tax and interest payments to the UK tax authorities following an ‘extensive audit’ by HMRC, according to records filed at Companies House

Marathon Oil UK (MOUK) had its appeal against special allowance for decommissioning dismissed as the First Tier tribunal ruled that expenditure had to be incurred directly on plant and machinery 

A claim for judicial review was dismissed as the court found that there was no legitimate expectation created by a HMRC manual and therefore it was fair for HMRC to insist rules were applied

The EU is consulting on a draft directive that would make permanent the provision in the EU VAT Directive that requires all member states to levy a minimum standard VAT rate of at least 15%, which is set to lapse from the beginning of this year

A First Tier Tribunal decided to not strike out three appeals against personal liability notices, for failing to provide documents, as it was not proportionate and there was too much at stake