The Low Incomes Tax Reform Group (LITRG) has urged people who missed the 31 July tax credits renewals deadline to contact HMRC urgently to restart their tax credit payments.LITRG...
The London Tax Society and Taxation magazine present the 2021 Young Professionals Tax Writing Competition.All entrants must be within ten years of achieving their most recent...
Employer BulletinThe August edition of HMRC’s Employer Bulletin has been published. It includes articles on the UK transition from the EU, Covid support schemes, PAYE,...
Plastic packaging tax
HMRC has updated its guidance on plastic packaging tax, expanding the section on liability to the tax for businesses which perform the ‘last substantial...
Expenditure on research and development (R&D) performed in the UK rose by £1.3bn (3.4%) to £38.5bn in 2019; but this was the lowest percentage growth since 2013,...
The number of stamp duty land tax (SDLT) tax investigations by HMRC has fallen by 75% in the past year, from 2,096 in 2019-20 to 529 in 2020-21, shows research from Boodle...
More than 91% of medium-sized businesses support the idea of changing the tax year to 31 December to help simplify the tax system, according to new research from BDO.This is one of...
HMRC tax investigators are targeting football clubs for £45m in tax they have underpaid, according to UHY Hacker Young. Last year, compliance investigations were opened into...
The Association of Accounting Technicians has called on the government to take steps to make changes to tax policy to reach the goal of net zero by 2050, ahead of the 26th UN...
Option to tax land VAT notice 742A: Opting to tax land and buildings has been amended to reflect that the temporary extension to the time limit for notifying an option to tax ended...
The decision-making and parliamentary oversight of the devolved tax powers needs to be strengthened, says the Chartered Institute of Taxation in its response to the Scottish...
In 2019-20, 265,000 taxpayers paid capital gains tax £9.9bn. This liability was realised on £65.8bn of gains. This liability represents an increase of 3% over 2018-19,...