There are pressing tax issues around the administration of the tax system which deserve to be treated as a priority, says Chartered Institute of Taxation president Charlotte...
At least 21 UK professional football clubs have VAT or corporation tax debts, according to HMRC data obtained by Lubbock Fine.Many clubs are struggling with the debts that worsened...
HMRC is writing to persons with significant control (PSC) who have not filed a tax return or may not have declared all their income, reports the ICAEW. These are individuals who...
HMRC has launched a new VAT registration estimator tool.The tool allows businesses to input relevant data and experiment with different input and output figures – it is meant...
HMRC figures published on 9 July show that the estimated number of non-domiciled taxpayers rose to 74,000 in the tax year ending 2023, due in part to the forthcoming abolition of...
The Institute of Chartered Accountants in England and Wales (ICAEW) has warned taxpayers who have overpaid income tax that, from now on, they will need to request their...
Private schools should review the accounting treatment of pre-paid school fees in order to avoid huge tax charges at a later date, according to Daphne Hemingway, VAT director at...
Jersey consultation on 1984 trusts law
The government of Jersey is consulting on five draft amendments to the Trusts (Jersey) Law 1984. Responses should be submitted by 16 August...
Self assessmentThe second payment on account towards income tax liabilities and class 4 National Insurance contributions for 2023-24 is due by 31 July...
The Labour party said, in the run-up to the election, that it would not hold a budget without forecasts from the Office of Budget Responsibility. Meanwhile, there is no shortage of...
The cost of living crisis is increasing the tax bill pressure on small and medium-sized entities (SMEs) with more than 430,000 firms currently struggling to pay money owed to HMRC,...