New guidance from HMRC states that sole traders and landlords within making tax digital (MTD) for income tax can appoint multiple agents to act on their behalf at the same time. It...
State-regulated care providers are increasingly using VAT grouping structures to recover VAT on costs that relate to supplies of welfare services that would otherwise be exempt...
The customs treatment of low value imports, which allows goods valued at £135 or less to be imported without paying customs duty, is to be reviewed, said chancellor of the...
HMRC’s tax investigations into the UK’s largest businesses – those with an annual turnover of £200m – now last an average of 45 months, according to...
Nearly 80% of chartered accountants agree that as artificial intelligence (AI) is integrated more into business, the role of accountants as ‘data guardians’ will become...
1 June 2025Payment of corporation tax for accounting periods ended 31 August 2024 for small and medium-sized companies where payment is not required by instalments.Check for...
HMRC has paused taking new self-assessment repayment requests over the telephone or via webchat in response to a recent increase in suspected fraudulent attempts, but its says its...
HMRC has replied to concerns cited by the Chartered Institute of Taxation about the potential for double remittances on foreign income or gains in the non-domicile changes in FA...
The publication of the consultation on the tax treatment of predevelopment costs has been postponed after the Court of Appeal’s recent decision in the case of Orsted West of...
The government recently published a series of new documents on the Office for Value for Money (OVfM) which address issues raised by the Treasury committee in its report earlier...
Thousands of individuals who owe tax on their savings interest should contact HMRC now if they have not received a letter from the tax office, to avoid the risk of fines, the...
Top-up tax
HMRC has updated its guidance on preparing for the multinational top-up tax and the domestic top-up tax with new information about registration and reporting...