Tax Compliance

Latest news

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Tax | Q&A: claiming Gift Aid relief on your tax return

In this week’s Q&A, Julian Payne ATT, tax advisor at Croner-i, explains how to claim Gift Aid tax relief to reduce your tax bill when completing self assessment

22 Oct 2024

Tax | Q&A: tax and transfer of interest in partnership

In this week’s Q&A, Alexander McCarthy, tax adviser at Croner-i, explains the tax implications of joining an existing partnership as an equity partner

15 Oct 2024

Tax | France hits £200k plus earners with tax hike

High earners and the largest businesses in France are facing a string of tax increases following the latest French budget as deficit soars

14 Oct 2024

Tax | HMRC issues largest fines for VAT errors

VAT-related penalties totalled £153m in the past year as HMRC took a tough stance on deliberate errors on VAT returns

11 Oct 2024

Tax | HMRC still unable to register private schools for VAT

VAT on private school fees will be charged from 1 January but HMRC will not be able to accept registrations until 30 October as legislation will not be passed until the Budget

10 Oct 2024

Tax | HMRC reverts to paper submissions for P87 expenses claims

HMRC is changing the way employees can claim PAYE employment expenses by going back to paper submissions through the post to reduce fraud

9 Oct 2024

Tax | How to prepare for an HMRC dawn raid

One of the most stressful moments for a business is HMRC officers demanding access to your premises, so it is vital to have plans in place in the event of a dawn raid. Adam Craggs, partner and head of tax disputes at RPC explains

9 Oct 2024

Tax | Q&A: tax and stockpiled gains in family trust

In this week’s Q&A, Stephen Fletcher, tax adviser at Croner-i, explains the tax treatment when trust distributes gains from historic residential property sale

8 Oct 2024

Tax

Personal Tax

Tax Compliance

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Tax | Warning to confirm provisional figures on tax returns

HMRC is writing to accountants giving them a three-week deadline to finalise any provisional client figures included in self assessment returns for 2022-23

8 Oct 2024

Tax | Stranded cruise ship could trigger tax rethink

The Villa Vie Odyssey cruise ship, stuck in Belfast for five months, could result in a review of tax rules for long-term and permanent cruise passengers

7 Oct 2024

Tax | Webinar on how to master Pillar 2 top-up tax

4 Oct 2024

Tax | Final call to register for self assessment by 5 October deadline

The deadline for registering for self assessment tax returns for 2023-24 is 5 October and taxpayers must take action as HMRC does not get in touch

4 Oct 2024

Tax

Personal Tax

Tax Compliance

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Tax | What you need to know: VAT and property conversions

Rickie Lowery CTA, tax adviser at Croner-i, explains the circumstances where preferential VAT treatment may be available when converting property

2 Oct 2024

Tax | Q&A: tax deductible if company funds lost through fraud?

In this week’s Q&A, Ewan Edwards, VIP tax advisor at Croner-i explains whether there’s a tax deduction when company fell foul of director fraud

1 Oct 2024

Tax | Tax filing deadlines: Oct 2024 to Jan 2025

Deadline for registering for self assessment for 2023–24

1 Oct 2024

Tax

HMRC

Tax Compliance

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Business | Can employers expect announcements in the upcoming Budget that increase employee costs?

RSM’s Susan Ball, partner and Charlie Barnes, director, and head of employment legal services, look at some of the options that may be under consideration for 30 October

26 Sep 2024