HMRC is writing to about 6,000 individuals who it believes have earned income from sales through online marketplaces. The letters are being sent to those who have made more than...
The government is consulting on the impact the changes to agricultural and business property reliefs will have on the inheritance tax payable by trusts comprising of property where...
1 April 2025Payment of corporation tax liabilities for accounting periods ended 30 June 2024 for SMEs not liable to pay by instalments.Multiple contractors to advise HMRC that they...
From April 2025, HMRC says it will write to taxpayers whose 2023-24 self-assessment tax return shows their income from these sources was close to, or over, £50,000 to let...
The financial thresholds for determining the size of a company under the off-payroll working rules are set to increase from 1 April 2025, HMRC has confirmed to ICAEW. In line with...
Treasury ministers have refused any suggestion of a compromise offered by farming unions and organisations in connection with the planned changes to inheritance tax which take...
HMRC has reversed changes made last year to the tax treatment of limited liability partnerships (LLPs). This is in relation to the wide approach it was taking with the application...
Taxation Awards
The entry deadline has been extended to 7 March.
www.taxationawards.co.uk
Trusts
HMRC has updated the guidance ‘Manage your trust’s details’ to confirm which...
The true cost of tax evasion is likely to be vastly underestimated, as loopholes in the system make it too easy for fraudulent behaviour to go unchecked, say MPs on the Public...
The government has launched a consultation on plans to standardise electronic invoicing and increase its adoption across UK businesses and the public sector.
The document,...
As announced in the autumn Budget 2024, the alcohol duty stamp scheme ends on 1 May 2025. It was introduced as an anti-fraud measure in 2006, but has since become a diminishing...