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HMRC learned key lessons from the initial roll-out of IR35 tax reforms in the public sector, but faces new and challenging risks in implementing the regime more widely, according...
From 1 June 2022, businesses registered under the flat rate scheme should no longer include imports accounted for under postponed VAT accounting within their flat rate turnover....
The government should rethink its plan to require companies to notify HMRC in advance that they intend to claim research and development (R&D) tax reliefs, says the ATT. In its...
During December 2021, HMRC ran a ‘test and learn’ on the corporation tax and VAT helplines (except bereavement) to assess the impact of telephony closure across three...
‘HMRC’s unambitious plans’ for recovering the £6bn it estimates it spent incorrectly in Covid-19 support payments – whether through fraud or mistakes...
February deadlineTaxpayers have until 28 February to file their 2020-21 self-assessment tax return to avoid a late filing penalty.Self assessmentAlmost 100,000 self-assessment...
In its annual report on the state of tax administration, TaxWatch notes that the UK leaving the EU necessitated an entire new system of customs arrangements for the UK, costing at...
The extension of off-payroll working rules to the private sector in April 2021 appear to have resulted in an increased use of umbrella companies, conclude the House of Lords’...
HMRC policy on early termination fees and similar payments is changing from 1 April 2022. The department now considers that charges made by businesses to their customers to...
Awareness of the forthcoming making tax digital for income tax self assessment (MTD ITSA) changes starting to creep up among self-employed workers, according to untied’s MTD...
HMRC is increasing interest rates for late payments for most taxes, after the Bank of England’s decision to increase the base rate from 0.25% to 0.5%.The rate for late paid...
Pillar oneMultinational enterprises will not have to collect ‘disproportionately burdensome’ data on themselves to determine where they should be taxed under the pillar...
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