A windfall tax on the extraordinary profits of oil and gas companies will be introduced to support people most affected by the increased cost of living.In a statement to the House...
There is little support from the various professional bodies in their responses to the Treasury’s proposed online sales tax. The Chartered Institute of Taxation...
The government has launched a review of the future of work led by Matt Warman MP. The reasons for this latest review are attributed to Brexit, the ending of the pandemic and...
HMRC has clarified its position on making a claim under the VAT DIY housebuilders scheme, in light of the First-tier Tribunal’s decision in Ellis and Bromley...
Tax creditsHMRC has updated its tax credits guidance to confirm that tax-free pension lump sums should not be included in the calculation of income for the purposes of tax credits...
Cross-border tax complexity cost the UK economy £47.6bn in lost revenue last year - an average revenue loss of 16% on total EU exports - according to new research...
The May edition of HMRC’s agent update is available. It has various articles and updates, including the following.Changes to HMRC’s webchat service Following a review...
From 1 July 2022, businesses registered for VAT will no longer be required to report information to HMRC about sales of mobile phones or computer chips in the UK — known as...
HMRC has clarified its position on making a claim under the DIY housebuilders scheme, in light of the First-tier Tribunal’s decision in Ellis and Bromley (TC8277).Under the...
HMRC has released a briefing on share sale proceeds declared on a taxpayers’ self-assessment returns that do not match those declared by the purchasing company.HMRC will send...
Congratulations to all this year’s winners.Best corporate or business tax practice Eversheds SutherlandBest digital innovationuntied – the UK’s personal tax...