Law and Regulation

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Tax | How to prepare for an HMRC dawn raid

One of the most stressful moments for a business is HMRC officers demanding access to your premises, so it is vital to have plans in place in the event of a dawn raid. Adam Craggs, partner and head of tax disputes at RPC explains

9 Oct 2024

Tax | Zero rate VAT for caravan owners extended

Caravan owners will continue to be able to qualify for the zero rate of VAT on all caravans used for residential use as long as they were built since 2005

12 Sep 2024

Tax

VAT

Law and Regulation

Image for budget responsibility act ensures fiscal lock

Tax | Budget Responsibility Act ensures 'fiscal lock'

The government has introduced legislation to prevent future Chancellors from announcing huge unfunded expenditure at annual Budgets without reference to the OBR

10 Sep 2024

Tax | Tax breaks for start-ups extended to 2035

The Treasury has confirmed the extension of the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) tax reliefs to April 2035

6 Sep 2024

Tax | CPD module: roundup of important tax cases

In this month’s exclusive Accountancy Daily free CPD module, we give the inside track on some significant recent decisions on capital allowances and property taxes

2 Sep 2024

Tax

Law and Regulation

Image for vat school fees pre payments and exceptions

Tax | VAT on school fees: pre-payments and exceptions

The charge of 20% VAT on private school fees is set for 1 January 2025 with no exemption for pre-payments, explains Angela Bedi, senior technical writer at Croner-i

5 Aug 2024

Tax | Brothers narrowly avoid jail for £3.2m offshore tax scam

Two property developers have avoided jail sentences after HMRC found they had evaded tax on the sale of a plot of land

22 Jul 2024

Tax | BBC presenter Charlie Stayt to pay £191k tax bill

In a bid to avoid bankruptcy Charlie Stayt has paid most of a £191,000 tax bill

16 Jul 2024

Tax | Tate brothers chased for £2.8m tax bill

Devon and Cornwall Police have brought a civil claim against the controversial Tate brothers over untaxed earnings of £21m

9 Jul 2024

Tax | Construction boss loses £550k tax appeal as ‘deliberate fraud’

False invoices issued by a convicted money launderer led to the rejection of a £552,000 deduction of input tax at tribunal

2 Jul 2024

Tax | 92-year-old Corrie star settles £546k tax bill

After being given 12 weeks to pay his tax debt, Coronation Street actor William Roache has settled the tax debt by the deadline

11 Jun 2024

Tax | Liquor trader linked with £34.2m VAT scam

A personal liability notice (PLN) for £75,000 was issued to the director of a company selling alcohol to cash and carry outlets for deliberately avoiding VAT

30 May 2024

Tax | Finance (No.2) Act 2024 passed

In the last days of parliament, a final round of debates saw Finance (No.2) Act 2024 approved and given Royal Asset

28 May 2024

Tax

Law and Regulation

Image for late appeal eis tax relief results ps16m tax bill

Tax | Late appeal for EIS tax relief results in £1.6m tax bill

An £8m enterprise investment scheme (EIS) disposal relief claim failed after the appellant applied late and only paid £55,000 in income tax on the sale

22 May 2024