Tax Compliance

Latest news

Image for landlord loses ps28k tax case over undeclared income

Tax | Landlord loses £28k tax case over undeclared income

An appeal by a landlord against five HMRC discovery assessments for £28,000 for income tax and penalties has been dismissed due to ‘insufficient information’

26 Mar 2024

Tax | Tax avoidance promoter Hyrax did not pay £1m penalty

Hyrax Resourcing has been given a winding up petition after the promoter failed to pay a £1m penalty to HMRC over illegal tax avoidance scheme

25 Mar 2024

Tax

HMRC

Tax Compliance

Tax | HMRC cuts back use of helplines

HMRC will close the self assessment helpline permanently for six months a year except for complex enquiries and cut back the VAT helpline

19 Mar 2024

Tax | HMRC to accept legal proceedings by email

HMRC has changed its policy to allow litigants to send legal proceedings by email as the preferred option rather than by post

19 Mar 2024

Tax

HMRC

Tax Compliance

Image for cop9 and tax investigations what you need know

Tax | COP9 and tax investigations – what you need to know

Code of Practice 9 (COP9) is the most serious civil investigation by HMRC, only one step away from criminal prosecution. Danielle Ford, partner and Riocard Hoye, senior manager at haysmacintyre explain how to deal with a demand from HMRC

18 Mar 2024

Tax | Employment lawyer wins £250 tax penalty case

A lawyer earning over the £50,000 threshold has been allowed off a £250 high income child benefit charge (HICBC) penalty due to ‘ignorance of the law’

18 Mar 2024

Tax | Post Office compensation payments tax-free

The Treasury has confirmed that no tax will be due on compensation for Post Office workers with overturned convictions

15 Mar 2024

Tax

Personal Tax

Tax Compliance

Image for corrie star given 12 weeks pay tax debt

Tax | Corrie star given 12 weeks to pay tax debt

Coronation Street actor William Roache has been given three months to settle a tax debt which has blown up to £588,015.18

12 Mar 2024

Tax | Former Everton footballer hit by £150k tax bill

Senegalese professional footballer Oumar Niasse has lost his appeal at the First Tier Tribunal for unpaid income tax and penalty payments

12 Mar 2024

Tax | Top tips: £60k cap on high income child benefit charge

Dominic Bourquin, partner at Monahans, explains the tax changes to high income child benefit charge (HICBC), affecting up to half a million parents

12 Mar 2024

Tax | Birmingham and Woking council plan huge cuts

Six local councils have filed a section 114 notice since 2021 with two now announcing hikes in council tax and huge cuts to offset their debts

8 Mar 2024

Tax | Less than four weeks to implement NI cut

The short notice nature of the 2p cut to National Insurance will put pressure on payroll teams to turn around the change in time for salary runs, warns Susan Ball, employment tax partner at RSM UK

7 Mar 2024

Tax | Budget 2024: £1bn tax reliefs for film and creative industries

A total of £1bn in tax relief has been designated over the next five years for the creative industries to support film, studios, TV and theatres

7 Mar 2024

Tax | Budget 2024: what tax benefits will FHL lose?

The abolition of the furnished holiday lettings (FHL) regime will mean that individuals operating FHL businesses will lose a number of key tax benefits

7 Mar 2024