Tax | Metal trader loses £1.5m EBT tax appeal

A metal trading company has lost a First Tier Tribunal appeal related to an offshore employee benefit trust ineligible for corporation tax deductions

8 Sep 2023

Tax

Business Tax

HMRC

Tax Compliance

Case Reports

Tax | Ex-Liverpool footballer John Barnes owes £238k in tax

Former Liverpool and England football player John Barnes has been given an adjournment over a tax debt worth £238,000 following a bankruptcy petition by HMRC

8 Sep 2023

Tax

HMRC

Tax Compliance

Tax | Textile boss loses £270k VAT appeal

A textile and clothes seller has lost a First Tier Tribunal (FTT) appeal against a tax demand relating to inaccurate VAT returns as transactions were deliberately concealed

7 Sep 2023

Tax

VAT

HMRC

Tax Compliance

Case Reports

Tax | Homeowner loses £134k SDLT appeal

HMRC has won a First Tier Tribunal (FTT) appeal over a disputed stamp duty land tax (SDLT) bill related to whether the property was residential or mixed-use

6 Sep 2023

Tax

Property Tax

HMRC

Tax Compliance

Case Reports

Tax | Marriage tax laws ‘inconsistent and outdated’

An extension of the payment deadline for capital gains tax on selling assets has not reduced the level of tax complexity for divorcing couples

6 Sep 2023

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | MPs to debate calls for tourist tax abolition

Business leaders across the UK are calling on the government to reintroduce tax-free shopping for overseas tourists ahead of a Parliamentary debate due to take place this week

6 Sep 2023

Tax

VAT

Tax Compliance

Companies

Accountancy Firms

Tax | NHS supplier loses £10.6m tax relief case

HMRC has won an appeal at the Upper Tribunal against an NHS supplier over a claim for tax relief of £10.6m

5 Sep 2023

Tax

Business Tax

HMRC

Tax Compliance

Case Reports

Tax | HMRC reopens self assessment helpline

Following three months of closure over the summer, HMRC reinstated the self assessment tax helpline from 4 September

4 Sep 2023

Tax

Personal Tax

HMRC

Tax Compliance

Tax | HMRC collects £70m in unpaid tax after profit shifting probe

Multinationals have been using HMRC disclosure facilities more than in the past, paying £70m in unpaid tax after diverting profits overseas to reduce tax bills

4 Sep 2023

Tax

Business Tax

International Tax

Tax Compliance

Tax | Filing deadlines: September - December 2023

Our handy guide to tax filing deadlines for VAT returns for quarter ended 31 July 2023 and corporation tax return for year ends of 30 September 2022

1 Sep 2023

Tax

Tax Compliance

Tax Planning

Tax | Saudi pro league: gold mine or potential tax trap?

Playing football in a tax free state might seem like the ideal scenario, but there are tax implications for UK players due to complex residency rules, warns RSM

31 Aug 2023

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | Lack of tax-efficient investment advice for taxpayers

Despite frozen tax thresholds and more taxpayers paying higher rate tax, only 40% of advisers offer specialist advice on tax-effective investments

30 Aug 2023

Tax

Personal Tax

Tax Compliance

Tax Planning

Tax | VAT changes for community pharmacies

Potential tax issues may arise for pharmacies following plans to provide new funding to expand their community services, warns Ellen Main-Jeffrey, head of VAT services at Burgis & Bullock

30 Aug 2023

Tax

VAT

Tax Compliance

Tax | ULEZ fees tax deductible for sole traders

Sole traders and self employed will be able to claim tax relief on ULEZ charges when they submit annual tax returns for business related journeys

29 Aug 2023

Tax

Business Tax

Personal Tax

Tax Compliance

Tax | Q&A: second property tax and spousal transfers

In this week’s Q&A, Croner-i tax consultant David Woolley, explains the tax implications of principal private residence relief when transferring property between married partners

29 Aug 2023

Tax

Personal Tax

Property Tax

Tax Compliance