Tax Compliance

Latest news

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Tax | Will Bolt decision affect VAT rules for taxis?

Julian Borley, VAT director at Milsted Langdon, examines the potential impact of the tribunal ruling on Bolt’s use of the Tour Operator’s Margin Scheme (TOMS) to calculate VAT on taxi rides

31 Jan 2024

Tax

VAT

Tax Compliance

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Tax | HMRC slashes agent access to ADL helpline again

HMRC plans to stop tax agents and accountants from using the agent dedicated line for queries about self assessment and PAYE, and for progress chases on repayments and refunds

30 Jan 2024

Tax | Q&A: tax and intercompany loans

In this week’s Q&A, Croner-i tax consultant David Woolley explains the tax liabilities on intercompany loans under anti avoidance rules

30 Jan 2024

Tax

Business Tax

Tax Compliance

Image for hmrc uses cop 9 claw back ps89m

Tax | HMRC uses COP 9 to claw back £89m

HMRC opened 1,091 COP8 and COP tax investigations in the last 12 months, focusing on the most serious tax offenders

30 Jan 2024

Tax

HMRC

Tax Compliance

Tax | Top 100 taxpayers paid £5.3bn

Russian billionaire takes the top spot for tax paid with a bill for £664.5m, followed by former F1 boss Bernie Ecclestone at £652.6m

26 Jan 2024

Tax | HMRC line for dispute resolution restricted to answerphone

Anyone wanting to enter an alternative dispute resolution (ADR) procedure with HMRC will only be able to leave a message on an answerphone in future

25 Jan 2024

Tax | Five common mistakes to avoid on tax returns

With nearly four million tax returns outstanding, Trusha Shah, tax manager at HW Fisher, offers advice for those who have not yet filed

24 Jan 2024

Tax

Personal Tax

Tax Compliance

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Tax | High income child benefit charge is ‘broken’

Taxpayers are taking more cases to tribunal to dispute the high income child benefit charge, costing time, money, and stress, in the fight against a ‘broken’ system

24 Jan 2024

Tax | 3.8m self assessment tax returns still to be filed

One in four taxpayers still have to file their annual tax return or face a £100 penalty with only one week to go until the self assessment deadline

23 Jan 2024

Tax

Personal Tax

Tax Compliance

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Tax | Q&A: Corporation tax rates for non-resident landlords

In this week’s Q&A, Vivienne Cheung, tax adviser at Croner-I, examines whether a non-resident company can use small profits rates and marginal relief for corporation tax purposes

23 Jan 2024

Tax | HMRC letter campaign targets traders on online marketplaces

HMRC is targeting overseas traders on online marketplaces operating in the UK without establishment status to ensure they are paying the correct VAT

18 Jan 2024

Tax | Explained: the tax rules for online marketplace sales

Online platforms will have to report sale details to HMRC in future, but the basic tax responsibilities for individual sellers have not changed. Lee Murphy of The Accountancy Partnership explains

18 Jan 2024

Tax | National Insurance credit scheme to tackle child benefit gaps

The government will legislate to allow parents who have not claimed child benefit, including those affected by HICBC, to apply for top-up National Insurance credits

18 Jan 2024

Tax

Personal Tax

Tax Compliance

Image for 44k taxpayers sign hmrc payment plan

Tax | 44k taxpayers sign up to HMRC payment plan

As the deadline to submit a self assessment tax returns looms, nearly 44,800 people have sorted their tax bills totalling almost £148m, by setting up a payment plan

17 Jan 2024

Tax | Tips for self assessment tax returns

As the deadline for self assessment approaches on 31 January, Cheryl Sharp, CEO of Pink Pig Financials, sets out the key issues to consider when completing annual tax returns

16 Jan 2024

Tax

Personal Tax

Tax Compliance

Image for qa inheritance tax and succession relief

Tax | Q&A: inheritance tax and succession relief

In this week’s Q&A, the Croner-i VIP Tax Team considers the issue of double inheritance tax and access to Quick Succession Relief (QSR) in the event of two deaths which happen closely together

16 Jan 2024

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Tax Services

Latest news

Tax | Will Bolt decision affect VAT rules for taxis?

Tax | HMRC slashes agent access to ADL helpline again

Tax | Q&A: tax and intercompany loans

Tax | HMRC uses COP 9 to claw back £89m

Tax | Top 100 taxpayers paid £5.3bn

Tax | HMRC line for dispute resolution restricted to answerphone

Tax | Five common mistakes to avoid on tax returns

Tax | High income child benefit charge is ‘broken’

Tax | 3.8m self assessment tax returns still to be filed

Tax | Q&A: Corporation tax rates for non-resident landlords

Tax | HMRC letter campaign targets traders on online marketplaces

Tax | Explained: the tax rules for online marketplace sales

Tax | National Insurance credit scheme to tackle child benefit gaps

Tax | 44k taxpayers sign up to HMRC payment plan

Tax | Tips for self assessment tax returns

Tax | Q&A: inheritance tax and succession relief