HMRC’s interpretation of employment allowance (EA) rules is a blatant misreading of the legislation and creates a headache for employers, warns David Heaton, employment tax expert
The key HMRC filing deadlines from June to October 2016 including last date for employee share schemes annual returns for SAYE, employers to agree PAYE settlement agreement for 2015/16 with HMRC and expenses and benefit forms P11D(b), P9D and P11D
HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 June 2016 reflecting the upward trend in forecourt fuel prices and changing the cc breaks for diesel cars
The rush to move to digital tax accounts with HMRC's overly ambitious Making Tax Digital programme is leaving tax advisers and agents frustrated, says Andrew Jackson, head of tax at Fiander Tovell LLP
Download the HMRC CGT indexation allowance for February 2016, RPI Index for April 2016 and HMRC rates of interest, changes to stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more
A lack of time until the summer recess and the over-riding political focus on the EU referendum could see the latest Finance Bill 2016 delayed until the autumn as the timetable for the committee stage slips into early July
Changes to the rules on claims for entrepreneur’s relief in the event of a company sale led to a spike in solvent companies being wound up in March before the new capital gains tax (CGT) rates came into force, according to the latest figures from insolvency body, R3
The Budget 2016 brought good news for owner managers and shareholders in private trading companies, says Peter Rayney, who considers the new tax breaks as capital gains tax (CGT) was cut by 8% bringing the new rate down to 20%
A move to curb the use of shareholder and directors' loans under section 455 of CTA 2010 will raise the tax liability for directors, warns Cathy Corns, corporate tax partner at Mercer & Hole. Find out how the changes will hit company owners with a selection of worked examples
A group of influential tax and policy-making institutes have set up a taskforce to review tax policy processes in a bid to force the government to review its complex and oftentimes incoherent tax policy, and improve transparency over the consultation process when new tax measures and draft law is proposed
Thousands of documents revealing the extent of the Panama Papers is due to be released later today by the International Consortium of Investigative Journalists (ICIJ), with a searchable database of information on more than 200,000 offshore entities from the files held by Panamanian law firm Mossack Fonseca
All that glitters is not gold in HMRC’s eyes, as it announces an immediate clampdown on disguised remuneration schemes using gold bullion as an asset, saying in its view these are categorised as tax avoidance and warning that it plans to crack down on individuals who continue to use them
HMRC is to review the tick-box approach to IR35 and the associated employment status issues but will it work this time, asks Howard Royse ACA, sole practitioner at Howard Royse Ltd
The leafy Surrey suburbs of Esher and Walton are home to the highest taxpayers in the country, according to research by UHY Hacker Young, which showed that nearly nine in ten top paying UK-based taxpayers live in the leafy ‘stockbroker belt’ around London
The latest CPD module from CCH Daily inc Accountancy Live focuses on income tax compliance issues under the new buy-to-let tax rules and clarifies the requirements for purchasers of second homes and buy-to-let properties