The US Internal Revenue Service (IRS) has issued additional guidance (Notice 2018-13) for computing the transition tax on the untaxed foreign earnings of foreign subsidiaries of US companies under the Tax Cuts and Jobs Act

HMRC has released a policy note on changes to the rules for relief for carried-forward losses changed which are backdated to 1 April 2017 and are designed to simplify the arrangements for claims for group relief

Meg Wilson CTA, tax writer at Croner-i, explains the key payment dates for corporation tax payments for the largest businesses with profits in excess of £1.5m as new rules reducing the payment period are set to come into force from 1 April 2019

The US Internal Revenue Service (IRS) has released Notice 1036, updating the income tax withholding tables for 2018 reflecting changes to personal tax rates made by the US tax reform legislation enacted in December

HMRC has published a briefing setting its view following a Supreme Court judgment in the case involving investment trust companies  (ITC), which centred on claims made by final consumers against HMRC for VAT that had been wrongly charged to them by their suppliers

In a busy year of complex tax changes, two Finance Acts set out a raft of new measures for businesses and individual taxpayers. Bill Dodwell CTA ACA, partner and head of tax policy at Deloitte and Kevin Prosser QC set out the key tax developments of 2017

Appleby, the law firm at the centre of the leak of documents contained in the so-called ‘Paradise Papers, has said it will take legal action against the BBC and the Guardian over their reporting of details of offshore tax-avoidance schemes

Sarah Bradford ACA CTA (Fellow), director of WriteTax, explains how the corporation tax deduction to encourage companies to support grassroots sport works and considers how to make the most of this valuable tax break

The Treasury has confirmed the new fiscal calendar, highlighting that the Budget will be the primary fiscal event, supported by a Spring Statement on 13 March and release of draft legislation in July

Italian high end fashion brand Gucci has been the subject of a police raid over suspected tax evasion amounting to around €1.3bn (£1.15bn).

The Finance Bill 2017-18 will contain a number of specific reforms to the taxation of employee expenses, but will stop short of a major overhaul of the current rules, after responses to a consultation earlier this year indicated that they are generally fit for purpose

The government has published Finance Bill 2017-18 legislating for tax changes announced in last month’s Budget, which include plans to introduce a stamp duty land tax (SDLT) relief for first-time buyers, cracking down on offshore tax avoidance and the use of disguised remuneration, and increasing tax incentives for investment in innovation