Tax | Scottish taxpayers need to check tax code

Anyone living in Scotland needs to make sure they are on a ‘S’ tax code to ensure they are paying the correct tax

15 Apr 2024

Tax

Personal Tax

Tax Compliance

Tax | HMRC approach is harming valid R&D claims

With HMRC investigating half of research and development tax relief claims, and criticism of inexperienced case workers, Danielle Ford, partner and Riocard Hoye, senior manager at haysmacintyre, examine how companies can deal with an investigation

15 Apr 2024

Tax

Business Tax

Tax Compliance

Tax | Cartoon maker loses £150k SEIS tax claim

Coconut Animated Island has lost its appeal at the Upper Tribunal over a claim for tax relief under the seed enterprise investment scheme

11 Apr 2024

Tax

Business Tax

HMRC

Tax Compliance

Case Reports

Tax | HMRC launches transition profit calculator for basis period

HMRC has created a calculator to work out transition profit under basis period reporting rules for sole traders and the self employed, but not for partnerships

8 Apr 2024

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Personal tax changes from 6 April 2024

The start of the tax year will see the dividend allowance slashed, employee NICs cut and the high income child benefit cap raised

5 Apr 2024

Tax

Personal Tax

Property Tax

Tax Compliance

Tax | Warning on TikTok tax advisers

Social media tax advisers should be avoided, especially when claiming to have the backing of a barrister, says RSM director Aysha Marley

5 Apr 2024

Tax

HMRC

Tax Compliance

Tax | £200m landfill tax gap sparks call for reform

Waste crime costs over £1bn annually caused by the ‘massive gap’ in rates of landfill tax

5 Apr 2024

Tax

Business Tax

HMRC

Tax Compliance

Tax | Secretly funded case against FATCA tax exchange rules fails

A former US citizen has lost a claim at the High Court, funded by a secret backer, that HMRC breached the taxpayer’s statutory rights by sending US tax authorities banking data

4 Apr 2024

Tax

Tax Compliance

Case Reports

Tax | Beware tax trap of 53-week leap year

Workers who are paid on a weekly basis could face an unexpected tax bill due to the leap year creating a 53-week pay cycle, warn tax experts

3 Apr 2024

Tax

Personal Tax

Tax Compliance

Tax | Hairdresser blames accountant for £110k CGT dispute

Peckham hairdresser has capital gains tax (CGT) appeal struck out for the second time after his accountant gave up on the case

3 Apr 2024

Tax

Property Tax

HMRC

Tax Compliance

Case Reports

Tax | Tax filing deadlines: April - July 2024

Our handy guide to key dates for lower rates of employee Class 1 NICs to cut in dividend allowance for 2024-25 tax year

2 Apr 2024

Tax

Tax Compliance

Tax Planning

Tax | Business tax changes from 1 April 2024

An increase in the VAT threshold, changes to research and development (R&D) tax relief and a hike in national minimum wage rates all kick off this month

2 Apr 2024

Tax

Business Tax

Tax Compliance

Tax Planning

Tax | Dog breeder slapped with £1.8m tax bill

An umbrella payroll agency, dog breeder and ink cartridge supplier all failed to pay a combined £11.2m in tax resulting in penalties of £7.8m in a single quarter

28 Mar 2024

Tax

Business Tax

Personal Tax

HMRC

Tax Compliance

Law and Regulation

Tax | Key considerations as Companies House and HMRC digital transformation continues

This month sees the start of a new era of digitisation for Companies House, Ifty Nasir, founder and CEO of Vestd, explains what this means for businesses

27 Mar 2024

Tax

Making Tax Digital

HMRC

Tax Compliance

Tax | Q&A: UK tax implications of moving to Dubai

In this week’s Q&A, Croner-i VIP tax advisor Ewan Edwards explains the key tax issues to consider for UK taxpayers considering going to Dubai for work with UK income

26 Mar 2024

Tax

Personal Tax

International Tax

Tax Compliance