Consultations

Latest news

Image for owner managers will have give hmrc dividend breakdown

Tax | Owner managers will have to give HMRC dividend breakdown

HMRC will be given extra powers to collect information about the amount of dividend payments earned by owner managed business directors while employers will have to report the number of hours worked by individual employees

19 Jul 2023

Tax | DeFI lending and staking: what does it mean for accountants?

Daniel Howitt, co-founder of Recap, explains what planned tax legislation for crypto could mean for accountants and their clients

11 Jul 2023

Tax

Personal Tax

Consultations

Image for diverted profits tax may merge corporation tax

Tax | Diverted profits tax may merge with corporation tax

The government is considering tightening the rules to make it more difficult for multinationals to avoid paying the diverted profits tax and bring it into the corporation tax regime

20 Jun 2023

Tax

Consultations

Image for plans modernise stamp taxes shares explained

Tax | Plans to modernise stamp taxes on shares explained

The complex stamp tax rules could be simplified to create a single tax, removing some headaches for accountants, explain Ben Jones, co-head of global tax, and Colin Askew and Helen Mackey, tax partners at Eversheds Sutherland

15 Jun 2023

Tax

Personal Tax

Consultations

Image for government plans crackdown umbrella companies

Tax | Government plans crackdown on umbrella companies

The Treasury is consulting on measures to strengthen protection for contractors who use umbrella companies by creating a legislative framework and reviewing employee pay processes and tax liability

6 Jun 2023

Tax

Employment Tax

Consultations

Image for employee share incentive plans review

Tax | Employee share incentive plans up for review

The government plans to overhaul schemes offering people shares in their employer to simplify the application process and review cost of tax reliefs

5 Jun 2023

Tax | VAT rules could change on solar battery storage

The government has told MPs that it is consulting on a change to VAT on energy saving materials which could boost the capacity of householders to use solar energy to power their homes

31 May 2023

Tax

Consultations

Image for plans simplify construction industry scheme

Tax | Plans to simplify construction industry scheme

HMRC is consulting on plans to simplify the administrative burden of the construction industry scheme by simplifying some reporting requirements

22 May 2023

Tax

Business Tax

Consultations

Image for hmrc be given powers curb crypto tax abuse

Tax | HMRC to be given powers to curb crypto tax abuse

The government has launched a consultation to consider giving HMRC more powers to recover unpaid tax on crypto transactions directly from digital wallets

2 May 2023

Tax | Charities missing filing deadline could lose Gift Aid

Failure to file charity accounts on time could result in the withholding of Gift Aid in reforms proposed by the government

28 Apr 2023

Tax | Tax avoidance promoters face criminal action

Greater powers for HMRC to stop promoters of tax avoidance schemes by making their actions a criminal offence are out for consultation

27 Apr 2023

Tax

Employment Tax

Consultations

Image for double council tax scottish second homes

Tax | Double council tax for Scottish second homes

The Scottish government is considering plans to allow councils to charge up to double council tax rates on second and empty homes

18 Apr 2023

Tax | Holiday let owners may need planning permission

The government is planning to tighten up the rules on ownership of holiday lets with the introduction of planning permission

13 Apr 2023

Tax

Property Tax

Consultations

Image for budget 2023 plans raise threshold cash basis accounting

Tax | Budget 2023: plans to raise threshold for cash basis accounting

As part of tax simplification, the government plans to reform cash basis accounting rules by increasing the turnover threshold, possibly to £1.35m, to allow more businesses to use the system

16 Mar 2023