The government has been forced into a U-turn over the planned timetable for reducing the stakes on fixed odds betting terminals (FOBTs), which will now be introduced in April 2019 following public and political outcry and a ministerial resignation

The £1m annual investment allowance (AIA) limit could translate into an effective annual limit of less than £17,000 due to straddling periods, explains Will Silsby, technical officer at the Association of Taxation Technicians

HMRC saw a 62% rise in disputed tax collected through the use of mediation last year, collecting £40.8m, up from £25.2m in 2016/17, according to analysis by RPC

Jason Collins, partner, and Penny Simmons, senior practice development lawyer at Pinsent Masons, look at what companies are doing to prevent tax evasion and what more can be done

Tim Rossow CPA, principal at Rehmann, discusses the incoming changes to US matrimonial tax, under which where you get married, where you live and where you might get divorced is going to make a big difference

Commercial and residential property owners need to be aware the government is reducing the amount of time allowed to pay stamp duty land tax from 2019

The government is to press ahead with legislation in 2019/20 to allow HMRC to make directors and other persons involved in company tax avoidance, evasion or phoenixism jointly and severally liable for tax liabilities that arise from those activities where the company becomes insolvent, following a consultation on the issues

The government has published draft legislation detailing a new VAT domestic reverse charge for certain building and construction services, which will take effect from 1 October 2019 and is designed to clamp down on missing trader fraud

Croner taxwise tax advisor Vivienne Cheung looks at the income tax liabilities of a professional poker player with no other earnings

Planned reforms to HMRC’s penalty regimes for late submission and payment of tax due are to be further delayed while the department considers how best to communicate the changes, with papers published following the Budget indicating there are unlikely to be any change before April 2021 at the earliest

Figures released today show that the amount of underpaid tax in dispute with the UK’s 2,000 largest businesses increased to £27.8bn in 2017/18, a 12% increase on the previous year, as HMRC steps up its investigative activity

This week’s Budget included a measure making a number of amendments to the diverted profits tax (DTP) legislation designed to close tax planning opportunities and to make clear diverted profits will only be taxed under either corporation tax or DTP