As hundreds of homeowners rent out their rooms and houses during the Wimbledon tennis championships for up to £15,000 a week, it is important to pay the right tax to avoid penalties
HMRC has served the football club a winding-up petition following a series of unpaid tax bills, on top of a string of charges handed down by the English Football League (EFL)
Paul Davies, FCA, senior tax writer at Croner-i, considers the tax considerations when separating a company’s trading activities in a statutory demerger
As HMRC targets online influencers using social media as a platform to promote products, Robert Marchant, partner and head of corporate VAT, Crowe LLP, explains the tax pitfalls
The largest share of the tax gap is down to small businesses which do not pay the right amount of tax, either by making careless errors, failing to take reasonable care or deliberate evasion
Businesses in construction, film production and freight, were just some of the 145 businesses that attempted to dodge £21.5m in taxes, all of which have since been handed steep penalties
The slump in property transactions has hit the Treasury’s coffers as the latest tax take figures show stamp duty land tax receipts were down £900m in a single month as inheritance tax surged
Following lobbying by MPs, Treasury officials will write to the Treasury Committee once a year with an update on progress on government efforts to simplify tax rules