HMRC is planning to clamp down on charitable tax reliefs claimed through Gift Aid, but not until 2026 to ‘give charities time to adjust to the new rules’
In a bid to close a tax loophole, the Budget swept through an immediate change to tax rules apply to tax on gains in the event of the liquidation of a limited liability partnership
In a bid to clamp down on rogue tax practitioners and to stamp out unethical operators, the government will introduce mandatory registration for all tax advisers dealing with HMRC from 2026
Investors in cryptocurrency will face greater scrutiny as the government confirms UK introduction of Crypto-Asset Reporting Framework (CARF) to share trading data
The government plans to commission another independent review of the loan charge after widespread dissatisfaction with the original Morse report and HMRC's handling of the controversial issue
Plans to move to a household based system for the high income child benefit charge (HICBC) to change the calculations to joint household income will no longer go ahead
As part of measures to clamp down on bad payers, the Chancellor said that HMRC will have the power to hike up even further the rates of interest they charge
The paper self assessment deadline is looming but a sizeable number of taxpayers are loathe to file online. Graeme Hills, head of tax at Duncan & Toplis gives some very handy tips for paper filers
HMRC tells companies not to use an illegal tax avoidance scheme featuring General Data Protection Regulation (GDPR) provisions to reduce corporation tax
Recent tax tribunal cases highlight how important it is to keep records of R&D activities while the projects are actually happening, explains Karen Evans ACA, R&D tax relief specialist at The R&D Community
HMRC is telling companies not to be tempted to use pseudo limited liability partnerships (LLPs) to pay directors to hide standard employment income as these schemes are tax avoidance
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