In this week’s Q&A, Croner-i tax adviser Marsha Haywood explains the tax implications of using business property relief as part of inheritance tax planning when transferring shares
A taxpayer has been ordered to pay £320,000 to HMRC after a First Tier Tribunal (FTT) ruled that he had failed to establish a domicile of choice in the US
David Francis, partner, and Joe Burns, associate director, in Grant Thornton’s tax dispute resolution team examine HMRC’s investigation activity related to the revelations in the Pandora Papers and how their approach will shape future compliance strategies
The operator of a luxury hotel group has won an appeal at the Upper Tribunal over a dispute with HMRC relating to a VAT bill for £76,000 as VAT on accountancy and legal fees was recoverable
Taxpayers have 30 days to appeal a tax demand from HMRC at tribunal based on Maitland ruling but there are some exceptions to the tight deadline, explains Meg Wilson CTA, lead direct tax writer, Croner-i
In this week’s Q&A, Croner-i tax adviser Amaira Badat, considers the most favoured nation rule under double taxation agreements when calculating withholding tax
Falling service standards at HMRC have resulted in the temporary closure of helplines, but this policy is likely to lead to more errors in the short-term, warns Katharine Arthur, head of private client, haysmacintyre
The First Tier Tribunal (FTT) has granted a restaurant its application for hardship related to a VAT penalty of £280,903, which it could not afford to pay
Taxpayers taking money out of their pension pots before they retire have been landed with tax bills amounting to a record £56m in the last three months
As more people are dragged into higher rate tax, the government is taking action to ensure that anyone liable for the high income child benefit charge (HICBC) will not be able to avoid the tax