The Low Incomes Tax Reform Group (LITRG) has advised pensioners to wait until the end of May before completing a tax return due to HMRC issuing notices despite introducing a new system which means that pensioners with a state pension exceeding their personal allowance may no longer have to file a return
In part two of our series on VAT compliance, The Tax Guys managing partner Jonathan Amponsah outlines five potential pitfalls to avoid in making VAT returns from overseas transactions to whether to claim VAT on business entertainment
HMRC has collected £943m from large businesses via accelerated payment notices (APNs) over the last year, according to law firm Pinsent Masons, which says the collection is likely to relate to use of a range of suspected avoidance schemes and arrangements, including those making use of employee benefit trusts (EBTs) to reduce tax paid
HMRC is imposing increasingly harsh penalties on small scale online retailers using internet marketplaces and who underpay their tax, according to research by Moore Stephens
A High Court judge has found in favour of HMRC in a preliminary ruling about whether applicants could seek interim relief from paying accelerated payment notices (APNs) or partner payment notices (PPNs), in a decision which the tax authority says will potentially safeguard more than £756m
The team behind the Panama Papers investigation, which revealed thousands of examples of international tax avoidance via offshore entities, has been awarded journalism’s top honour, the Pulitzer prize for explanatory reporting, a year after the findings were first published
Ben Moseley, partner and Helen Chadwick, director at Deloitte LLP, analyses the impact of the corporate interest restriction rules effective 1 April 2017 providing insight into the complexities for multinational companies and compliance requirements
In the first of a series on EU Directives affecting the accounting and tax profession, both in statute and at the debate stage, Stefan Petrovski of Paris-based accounting firm, Primexis, analyses the significant changes that derive from recent EU directives in the accounting and finance field, starting with the Anti-Tax Avoidance Directive (ATAD)
In part one of a two-part series, The Tax Guys founder and managing partner Jonathan Amponsah outlines seven common errors to avoid in making VAT returns, from incorrectly claimng VAT on private usage of motor vehicles and fuel, to VAT charges for non-standard business transactions
HMRC has published guidance on the new rules which apply to the treatment of sporting testimonial income from 6 April 2017, which result in the need to report income tax and National Insurance contributions (NICs)
HMRC has begun cracking down on unpaid accelerated payment notices (APNs), issuing a first round of ‘enforcement actions’ against 14 taxpayers who have failed to meet terms and pay disputed tax within 90 days, according to Moore Stephens
Crucial aspects of HMRC’s IT system appear to be dysfunctional as it is seeking to digitise, and it is costing taxpayers, says Bishop Fleming head of tax Andrew Browne
After nearly five years leading HMRC’s compliance activities, Jennie Granger, HMRC’s director general for customer compliance, is to leave the tax authority, at the same time as the tax authority loses Ruth Owen, the head of customer service and it wrestles with the rollout of Making Tax Digital, reports Sara White
In a bid to tackle tax issues relating to players’ image rights, the Treasury has initiated a specific football compliance project, and has announced that technical experts will visit all English Premier League, Championship and Scottish Premier League clubs over a three-year period
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