Tax | Lords hearing to focus on effectiveness of tax fraud crackdown

The House of Lords Finance Bill Sub-Committee will be taking evidence from accountancy professional bodies about the effectiveness of proposed measures to tackle tax fraud

20 Oct 2023

Tax

Tax Compliance

Politics

Tax | CPD module: tax on travel and subsistence claims

In this month's exclusive Accountancy Daily CPD learning module we focus on tax on travel and subsistence at temporary and permanent workplaces

19 Oct 2023

Tax

Employment Tax

Tax Compliance

Tax | HMRC clarifies availability of overlap relief calculation

Overlap relief information for basis period accounting can only be provided if the business' profit and loss figures are recorded in HMRC systems

17 Oct 2023

Tax

Business Tax

Personal Tax

HMRC

Tax Compliance

Tax | HMRC clarifies tax on home charging of company cars

HMRC has amended guidance on the tax treatment of electric charging of company cars and vans at residential properties

11 Oct 2023

Tax

Employment Tax

HMRC

Tax Compliance

Tax | SFO to investigate fraud at Safe Hands Plans

The Serious Fraud Office is investigating suspected fraud at a collapsed funeral plan provider which transferred millions of pounds from a customer trust and owed HMRC £1.4m in unpaid tax

11 Oct 2023

Tax

Employment Tax

Personal Tax

Tax Compliance

Business

Restructuring & Insolvency

Tax | HMRC targets non-payers of high income child benefit charge

Tax agents and accountants are about to receive letters from HMRC warning them that their clients have wrongly reported liability for the high income child benefit charge

11 Oct 2023

Tax

Personal Tax

Tax Compliance

Tax | Q&A: corporation tax and associated companies

In this week’s Q&A, Croner-i tax advisers consider new corporation tax rules introduced in April 2023 when reporting for associated companies

10 Oct 2023

Tax

Business Tax

Tax Compliance

Tax Planning

Tax | Buy to let landlords caught in £50m tax avoidance scheme

HMRC is warning buy to let property owners not to use a tax avoidance scheme to reduce the tax payable on profits generated from rentals

6 Oct 2023

Tax

Property Tax

HMRC

Tax Compliance

Tax | No more paper forms for VAT registration

HMRC is ending the use of paper forms to register for VAT from mid-November, pushing the service online by default

5 Oct 2023

Tax

VAT

HMRC

Tax Compliance

Tax | Filing deadlines: October - December 2023

Our handy guide to tax filing deadlines for paper personal, trustee and partnership tax returns due for 2022–23

4 Oct 2023

Tax

HMRC

Tax Compliance

Tax | Q&A: tax on charitable donations for companies

In this week’s Q&A, Ria Dhillon, apprentice tax advisor at Croner-I, explains the tax implications of charitable donations made in an EU member state

3 Oct 2023

Tax

Business Tax

Tax Compliance

Tax | HMRC won only 11 cases against wealthy tax evaders

HMRC investigations led to prosecutions against just 11 high net worth people accused of evading tax last year although 300 people are currently being investigated

2 Oct 2023

Tax

HMRC

Tax Compliance

Tax | 5 October deadline to register for self assessment tax returns

Taxpayers who have earned non PAYE income during the last tax year need to register for self assessment by 5 October

2 Oct 2023

Tax

Personal Tax

Tax Compliance

Tax | Sentiment to abolish inheritance tax grows

More than half of the public support the idea of abolishing inheritance tax completely, despite the tax only impacting 27,000 estates a year

2 Oct 2023

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Four in 10 taxpayers want to speak to HMRC adviser

The increasing complexity of the tax system means that nearly half of taxpayers still want to talk to a real HMRC agent for reassurance rather than relying on the HMRC website

29 Sep 2023

Tax

HMRC

Tax Compliance

Accountancy Firms