The over-complicated tax system needs an immediate overhaul for the smallest companies in the UK with a call for aligned filing dates, simpler short-term administrative improvements and longer term structure changles to reduce the tax compliance burden, says the Office of Tax Simplification (OTS)

The Treasury select committee is challenging HMRC’s plans for making tax digital (MTD) over concerns that the proposals to make digital tax accounts and quarterly updates mandatory for all businesses will increase, rather than reduce, the administration burden for many companies

An Australian citizen who worked on a short-term contract in the UK as a tax manager for an international company has won part, but not all,  of his appeal to the First Tier Tribunal (FTT) in the Ward case over tax assessments and penalties relating to salary and travel costs, with the tribunal finding that while resident, he was not ‘ordinarily resident’ for either of the years in question

As the government sets its sights on the property market, Yvette Nunn, principal at Berkeley Associates, warns that couples facing divorce need to consider potential stamp duty pitfalls

UK-based multinationals or UK subsidiaries of multinationals with a turnover of €750m (£585m) will have to submit a country-by-country report (CBCR) to HMRC on an annual basis outlining their tax obligations within 12 months of the relevant reporting period

Download the HMRC CGT indexation allowance for November 2015, RPI Index for January 2016 and HMRC rates of interest, stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more

Graham Elliott, VAT expert, considers the impact of transfer pricing issues in Temple Finance (TC04840) for separately registered companies, business classification dispute in Wakefield College case and updated MOSS guidance

De Silva judicial review dismissed, LLP member loses in Vaines case over settlement agreement, appeal allowed over disputed P35 errors, buy-to-let landlords urged to review personal tax liability, Google tax agreement with HMRC under fire from MPs and duo of Big Four firms top Whitehall hospitality stakes 

The latest CPD module from CCH Daily inc Accountancy Live focuses on expenses, tax relief and tax compliance issues for homeworkers and the self employed

The changes to stamp duty land tax (SDLT) system from a ‘slab’ to a ‘slice’ structure has resulted in a £657m fall in the amount of tax paid by the majority of homebuyers since the reforms, but purchasers of high valued properties over £1m are paying more in duty with a 16% hike in revenues, HMRC has calculated

With five weeks to go until the introduction of the Scottish Rate of Income Tax (SRIT) for Scottish resident taxpayers, there are indications of a bumpy start to the new regime with some individuals who believe they qualify as Scottish taxpayers reporting that HMRC has sent tax coding notices which do not include the new Scottish ‘S’ prefix

The key HMRC filing deadlines from March to July 2016 including year end tax requirements for 2015/16, deadline for tax claims and elections, use of capital gains tax (CGT) annual allowances and annual limit for pension contributions, and Budget 2016 date