With seven months to go until over 800,000 landlords and self employed will have to file quarterly updates with HMRC for Making Tax Digital (MTD) for Income Tax, Craig Ogilvie, director of MTD at HMRC, explains how to comply with the new rules
Kerry Costello, enquiries consultant at Croner-i My VIP Tax Team, explains how a thorny issue with HMRC over the tax status of a property jointly owned by a married couple was resolved
Refusal to raise income tax for working people to balance books is forcing the chancellor to review radical tax raising measures with a hike in property tax the latest option
Much focus has been given to the headline decline in CGT paid in the 2023/24 tax year, but a closer look at the statistics highlights some other stories hidden in the detail says RSM partner, Chris Etherington
HMRC plans to clamp down on ‘bogus stamp duty claims’ as Court of Appeal decision solidifies stamp duty land tax (SDLT) remains chargeable on homes under repair
Uncertainty about rates and slashing the annual exempt allowance have all contributed to a drop in capital gains tax revenues, showing revenue down by a fifth to £12bn in a single year
In this week’s Q&A, Abigail Bothe of Croner-i VIP Tax Team assesses the rules around the charges for annual tax on enveloped dwellings for sheltered properties
In this week’s Q&A, Roger Bradbury, tax advice consultant at Croner-i, explains how multiple dwellings relief (MDR) rules apply to property buyers in Wales in light of subsidiary dwelling status
Two appellants have won their appeal at the First Tier Tribunal (FTT) after HMRC claimed their annex’s ceiling was too low and the lack of handrail on the stairs made it uninhabitable
In just one month businesses have paid out nearly £2bn in extra employers’ National Insurance while capital gains tax take fluctuates by the month as hit by weak M&A market
In this week’s Q&A, Croner-i tax advisory lead Stephen Fletcher CTA, explains the complex tax considerations when a company decides to shift operations to sunny Ibiza but retains dual-tax residency
A couple who bought a house on Burnsall Street in Chelsea for £10m have won their appeal against paying capital gains tax on the profit as the tribunal believed it was their principal private residence (PPR)
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