A majority of MPs agree that anyone employed to deliver tax and accountancy services should be professionally qualified, according to research carried out by the Association of...
Just 992 UK businesses have registered for the plastic packaging tax in the first month of registrations, says multinational law firm Pinsent Masons. This is despite HMRC’s...
The Treasury agreed with many of the recommendations made by the House of Commons Public Accounts Committee in its report Lessons from implementing IR35 reforms. On...
The ICAEW’s Tax Faculty considers that HMRC’s guidance on the tax treatment of the reimbursement of electricity costs for charging company-provided wholly electric cars...
Sixty-four per cent of Premier League footballers’ contracts now take a form which HMRC says is open to abuse, according to new analysis by Pinsent Masons.The research shows...
Questions remain over how digital reporting will work in practice, say tax experts. They are calling on HMRC to publish ‘detailed, practical guidance’ without further...
The House of Commons Treasury Committee is inviting views for a new inquiry into tax reliefs.MPs would welcome opinions on whether the current suite of tax reliefs provides value...
New figures from HMRC report a record £14.3bn paid in capital gains tax for 2020-21, which is up 42% from the previous year. It also reveals that 323,000 taxpayers paid the...
The Office of Tax Simplification (OTS) is to carry out a review of the tax implications of hybrid and distance working, with a particular focus on arrangements which involve...
HMRC is increasing interest rates for late payments for most taxes, after the Bank of England’s decision to increase the base rate to 1.75% from 1.25%.From 15 August 2022,...
Agent toolkits
HMRC has published updated versions of its agent toolkit for capital allowances for plant and machinery for 2021–22 self assessment and company tax returns, and for...
More than three-quarters of senior finance professionals are concerned scalability will be impeded by the complexities caused by indirect tax liability and financial process...