Issue : Vol 191, Issue 4881

Tax simplification seems to produce complications 

Boring under the surface

Little bag

Careless behavioural penalties

Midas touch fails

A rewarding job

Tax practice news from around the country.

Reporting requirements

Scottish home

Bitcoin mining rigs

Employee awards

Should owner surrender losses to the subsidiary? My client Charlie acquired, in a new limited company, a commercial property for £1m and spent some £1.5m converting it into eight flats, with the...

Anti-money launderingHMRC has updated its guidance on helping to prevent money laundering and terrorist financing for a trust or company service provider. It now reflects the regulations for money...

The deferral of making tax digital for income tax self-assessment (MTD ITSA) will cost the exchequer more than £1.75bn for the financial years up to and including 2027-28, according to figures...

The government wishes to extend the self-employed cash basis so that as many businesses as possible are able to use it.It has published a consultation document which proposes the following:increase...