Tax | Spring Statement: funding for HMRC to tackle tax evaders

Tax evaders and those who blatantly ignore their tax liabilities are going to be targeted more harshly by HMRC, the chancellor said in her first Spring Statement, while the wealthy team will be expanded

26 Mar 2025

Tax

HMRC

Tax Compliance

Budget

Tax | Q&A: tax on unit trust dividends

In this week’s Q&A, Vivienne Chung, adviser at Croner-i VIP Tax Team, explains the tax implications when dividends are reinvested in unit trusts

25 Mar 2025

Tax

Personal Tax

Tax Compliance

Tax | Biker locksmith wins £6k VAT appeal as no proof provided

A locksmith who represented himself at the First Tier Tribunal (FTT) won an appeal against a VAT penalty for three BMW motorbikes used for work

21 Mar 2025

Tax

Business Tax

Personal Tax

VAT

HMRC

Tax Compliance

Case Reports

Tax | Year end tax planning for businesses

Graeme Connell CA CTA considers the key year end business tax planning priorities for owner managed businesses and companies from trade receivables to cash flow and provisions to directors' loans

21 Mar 2025

Tax

Business Tax

Tax Compliance

Tax Planning

Tax | Worried about a COP9 tax investigation? Don’t panic

When HMRC launches a COP9 investigation, they can go back 20 years into tax records so putting a foot wrong can be damaging and costly, explains Uzair Delair, HMRC enquiry expert at Croner-i My VIP Tax Team

20 Mar 2025

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Accountants, models and sports agents owe £101m in tax and penalties

An accountancy practice is in this month’s top 10 of deliberate tax defaulters owing £2.4m in unpaid tax and penalties, joined by son of Pakistan’s former prime minister

19 Mar 2025

Tax

Business Tax

HMRC

Tax Compliance

Tax | HMRC clarifies subcontracted activities for SME R&D tax relief

The definition of subcontracted activities is critical to R&D tax claims by SMEs and the latest HMRC clarification sheds some new light, explains Richard Edwards, CEO of R&D Community

19 Mar 2025

Tax

Business Tax

HMRC

Tax Compliance

Tax | Q&A: tax and travel expenses

In this week’s Q&A, Croner-i VIP Tax Team adviser Natasha Saina unravels the complexities of when to claim travel expenses for tax purposes when travelling between workplaces

18 Mar 2025

Tax

Employment Tax

Personal Tax

HMRC

Tax Compliance

Tax | TikTok traders face capital gains tax clampdown

HMRC investigations into underpaid capital gains tax (CGT) have more than tripled in the past year with TikTok traders and crypto investors targeted

18 Mar 2025

Tax

Personal Tax

HMRC

Tax Compliance

Tax Planning

Tax | Inheritance tax and writing life insurance in trust

Ingrid McCleave, partner at DMH Stallard, explores the practicalities of writing a life insurance policy in trust, arguing that it can be a successful way of mitigating the consequences of inheritance tax

17 Mar 2025

Tax

Personal Tax

Inheritance Tax

Tax Compliance

Tax Planning

Tax | Register for webinar on non dom tax changes

Join our webinar focusing on the new rules on taxation of UK non doms on 18 March

14 Mar 2025

Tax

Personal Tax

Tax Compliance

HR

Training & CPD

Tax | R&D tax reliefs: requirements from a parallel universe?

Rocky Webb, enquiry consultant at Croner-i My VIP Tax Team, explains why it is so difficult to establish a baseline in a claim for R&D tax relief

13 Mar 2025

Tax

Business Tax

HMRC

Tax Compliance

Tax | Seven things that could spark a CGT bill

In the last three months of 2024, over £800m was paid in capital gains tax, up 60% in a year, so knowing the rules is absolutely crucial

12 Mar 2025

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | What is a reasonable excuse for HMRC?

Andrew James CTA considers HMRC’s approach to the ‘reasonable excuse’ argument and when there could be grounds for acceptance in light of recent cases

12 Mar 2025

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Side hustle sales threshold raised to £3k a year

Up to 300,000 taxpayers will no longer have to file a self assessment tax return as Treasury increases annual threshold for reporting from current £1,000 figure but not until 2027

11 Mar 2025

Tax

Personal Tax

HMRC

Tax Compliance