Law and Regulation

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Tax | Trump Organization faces $1.6m fine for tax fraud

The Trump Organization has been found guilty of criminal tax fraud after prosecutors accused the company of running a scheme to defraud tax authorities for 15 years

7 Dec 2022

Tax | Clothing retailer loses £190k tax dispute

The owner of a clothing business has lost an appeal in the First Tier Tribunal (FTT) against penalty assessments related to the submission of inaccurate VAT returns

6 Dec 2022

Tax | Tax tribunal backlog soars to 10,000

The backlog of tax tribunal cases waiting to be heard has hit 10,000 as HMRC pursues umbrella companies for unpaid tax

5 Dec 2022

Tax | Key tax measures: when the tax changes come into effect

In our handy guide to the key tax measures announced in the Autumn Statement 2022 and earlier Budgets, Croner-i tax expert Sarah Arnold sets out the effective dates and relevant legislation

21 Nov 2022

Tax | HMRC must curb accountants selling avoidance schemes

MPs on the APPG are calling for an ‘immediate legislative fix’ on how HMRC tackles tax fraud and criticised the role of accountants and tax advisers

28 Oct 2022

Tax | Taxi director jailed for £780k VAT fraud

A Wokingham-based director has been jailed for six years after dishonestly failing to disclose invoice payments totalling over £780,000 in VAT

18 Oct 2022

Tax | Sintra Global wins £25m VAT appeal

A businessman who was frozen out of his accounts by HMRC has won an appeal at First Tier Tribunal (FTT) relating to VAT and excise duty penalties amounting to £25m

13 Oct 2022

Tax | Stamp duty saving of £40k was tax avoidance

A tax scheme promoter offered the purchasers of a million pound London property the opportunity to substantially reduce their tax liability

10 Oct 2022

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Image for former f1 boss face ps400m fraud charge next year

Tax | Former F1 boss to face £400m fraud charge next year

The former head of F1, Bernie Ecclestone, will face trial in October 2023 over an alleged failure to declare £400m in overseas assets to the taxman

5 Oct 2022

Tax | Number of outstanding tax tribunals rises sharply

The number of cases waiting to be heard at First Tier Tax tribunals rose sharply by 783% for the first quarter to 10,000, compared to last year

29 Sep 2022

Tax | OnlyFans must pay £11m VAT bill

OnlyFans, the online platform for adult content, has been told by the European Court of Justice (ECJ) that it will have to pay VAT after a disputed bill for £11m on subscription fees

16 Sep 2022

Tax | Former F1 boss denies £400m fraud charge

The former head of F1, Bernie Ecclestone, has denied charges of fraud over an alleged failure to declare £400m in overseas assets to the taxman

23 Aug 2022

Tax | Director loses £42k appeal over tax penalty

A director of a small group of companies trading in residential care homes and supported living has lost an appeal against a First Tier Tribunal (FTT) decision over income tax

19 Aug 2022

Tax | Accountancy school loses £780k VAT dispute

A London based accountancy school has lost an appeal at tribunal over a disputed VAT bill relating to tuition fees when it went into administration

15 Aug 2022

Tax | Overseas owners can register property from 1 August

Companies House has confirmed that the Register of Overseas Entities will open for registrations for property owners based overseas from 1 August 2022

28 Jul 2022