Alleged EY cover-up coincides with HMRC’s money laundering campaign
HMRC

Alleged EY cover-up coincides with HMRC’s money laundering campaign

6y Leanna Reeves

Alleged EY cover-up coincides with HMRC’s money la...

The BBC program ‘Panorama,’ which alleges the Big Four firm EY to have covered up a crime gang laundering money, coincides with HMRC’s new campaign ai...

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New IR35 briefing offers support for businesses and comfort for contractors
HMRC

New IR35 briefing offers support for businesses and comfort for contractors

6y Leanna Reeves

New IR35 briefing offers support for businesses an...

Whilst many struggled to comply with new off-payroll changes due to a lack of detail in the IR35 report, HMRC has released a new briefing with detaile...

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VATGlobal launches European VAT information portal vlearn
Brexit & Economy

VATGlobal launches European VAT information portal vlearn

6y Leanna Reeves

VATGlobal launches European VAT information portal...

To promote regulatory knowledge, the new platform ‘vlearn’ is the first key central repository for EU VAT information for businesses to use themselves...

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Myths about HMRC's powers means it can overreach in civil inspections, experts warn
HMRC

Myths about HMRC's powers means it can overreach in civil inspections, expe...

6y Leanna Reeves

Myths about HMRC's powers means it can overreach i...

Experts have warned accountants and tax advisors about common myths regarding HMRC’s powers, believing it can overreach during civil inspections. Read...

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Toppled from the top – The risk of fraud
Audit

Toppled from the top – The risk of fraud

6y Roger Isaacs

Toppled from the top – The risk of fraud

Roger Isaacs - Forensic Partner at Milsted Langdon - talks about the Patisserie Valerie collapse and what its impact has been and the role of forensic...

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Off-payroll working – check your chain
HMRC

Off-payroll working – check your chain

6y Emma Rawson

Off-payroll working – check your chain

Emma Rawson from the Association of Taxation Technicians (ATT) writes about off-payroll: Transfer of liability rules, when might HMRC apply them and w...

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HMRC fraud investigations to have netted more than £610m since 2016
HMRC

HMRC fraud investigations to have netted more than £610m since 2016

6y Leanna Reeves

HMRC fraud investigations to have netted more than...

The results acquired through a Freedom of Information Report (FOI) showed that HMRC's yield from investigations exceeded £610 million since the year 2...

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Podcast: Inside Accountancy Episode 4 – R&D Tax Credits: doing nothing is not an option
Accounting Firms

Podcast: Inside Accountancy Episode 4 – R&D Tax Credits: doing nothing is n...

6y Austin Clark , Editor

Podcast: Inside Accountancy Episode 4 – R&D Tax Cr...

In our latest podcast we talk to Luke Hamm from GovGrant about the need for the R&D tax credit programme to be kickstarted in the UK in order to drive...

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Chancellor Sajid Javid opens talk on inheritance tax
HMRC

Chancellor Sajid Javid opens talk on inheritance tax

6y Leanna Reeves

Chancellor Sajid Javid opens talk on inheritance t...

The chancellor’s hint of a potential change arrives at a time when IHT income hit its highest level in the UK. Read More...

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ATT calls for clarity on off-payroll changes
HMRC

ATT calls for clarity on off-payroll changes

6y Leanna Reeves

ATT calls for clarity on off-payroll changes

ATT believes HMRC's guidance document, released late August this year, lacks detail. Read More...

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HMRC wins IR35 case against three BBC presenters - Reaction
HMRC

HMRC wins IR35 case against three BBC presenters - Reaction

6y Chris Jewers

HMRC wins IR35 case against three BBC presenters -...

Tim Willcox, Joanna Gosling and David Eades were targeted by HMRC as part of a crackdown on freelancers using personal services companies to avoid cer...

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For charities, MTD regulation deadline is just around the corner
HMRC

For charities, MTD regulation deadline is just around the corner

6y Leanna Reeves

For charities, MTD regulation deadline is just aro...

HMRC is expecting all charities registered for VAT in the UK to enact the new regulation by October. Read More...

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Loan charge to remain in force while new review is underway
HMRC

Loan charge to remain in force while new review is underway

6y Leanna Reeves

Loan charge to remain in force while new review is...

Review into controversial loan charge is set to provide independent recommendations by mid-November - but is too late for many. Read More...

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True Transparency: reforming the Audit Industry
Audit

True Transparency: reforming the Audit Industry

6y Patricia Cullen

True Transparency: reforming the Audit Industry

The Government announced on March 11th that it would be creating a new, enhanced regulator to transform the audit and accounting sector in response to...

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HMRC postpones domestic reverse charge for construction services
HMRC

HMRC postpones domestic reverse charge for construction services

6y Leanna Reeves

HMRC postpones domestic reverse charge for constru...

AAT Tax Policy Expert Brian Palmer comments on the government’s decision. Read More...

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Self-employed owed HMRC £1.6bn in late tax payments
HMRC

Self-employed owed HMRC £1.6bn in late tax payments

6y Leanna Reeves

Self-employed owed HMRC £1.6bn in late tax payment...

Data suggests late tax payments are likely to surpass last year’s £1.8bn owed as UK hits record of self-employed individuals. Read More...

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How to cook a frog, or how to tax a non-dom
HMRC

How to cook a frog, or how to tax a non-dom

6y Mark Davies

How to cook a frog, or how to tax a non-dom

Mark Davies, Managing Director of Mark Davies & Associates, talks about taxing a non-dom and the outcome of the current policy for the Exchequer. ...

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MNEs face increased transfer pricing fines from HMRC
HMRC

MNEs face increased transfer pricing fines from HMRC

6y Shannon Moyer

MNEs face increased transfer pricing fines from HM...

HMRC fines targeting multinational enterprises have increased dramatically over the past two years under new regulations. Read More...

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Payroll for small businesses: what you need to know
HMRC

Payroll for small businesses: what you need to know

6y Howlader & Co

Payroll for small businesses: what you need to kno...

Howlader & Co discusses the purpose, rules and operating of payroll, PAYE deadlines, using payroll information and how to stay secure Read More...

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HMRC issuing ‘nudge letters’ nationwide in bid to catch offshore tax evaders
HMRC

HMRC issuing ‘nudge letters’ nationwide in bid to catch offshore tax evader...

6y Shannon Moyer

HMRC issuing ‘nudge letters’ nationwide in bid to ...

The regulatory body is continuing to crack down on undeclared offshore assets, finances and underreported taxes. Read More...

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Record fall in number of non-domiciled taxpayers
HMRC

Record fall in number of non-domiciled taxpayers

6y Chris Jewers

Record fall in number of non-domiciled taxpayers

There were an estimated 78,300 people claiming non-domiciled taxpayer status in the UK on their Self-Assessment tax returns  in 2017-18, which fell fr...

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CIOT calls on HMRC to delay VAT reverse charge
HMRC

CIOT calls on HMRC to delay VAT reverse charge

6y Chris Jewers

CIOT calls on HMRC to delay VAT reverse charge

Some 150,000 businesses in the construction and building sector will be affected by the change, and the CIOT is concerned there will be a flurry of di...

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HMRC seeks data from Crypto Exchanges to combat tax evaders
HMRC

HMRC seeks data from Crypto Exchanges to combat tax evaders

6y Chris Jewers

HMRC seeks data from Crypto Exchanges to combat ta...

Three exchanges that do business in the UK – Coinbase, eToro and CEX.IO - have reported that they have received letters from HMRC in the last week req...

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HMRC seeking further £30m from contractors
HMRC

HMRC seeking further £30m from contractors

6y Chris Jewers

HMRC seeking further £30m from contractors

The figure is an estimation of the maximum amount HMRC can generate before investigations into contractors and ‘disguised employment’ have been conclu...

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HMRC glitch means self-employed risk underpaying tax bill
HMRC

HMRC glitch means self-employed risk underpaying tax bill

6y Chris Jewers

HMRC glitch means self-employed risk underpaying t...

Just 14% of late payment fines were cancelled last year, down from 16% the previous year, suggesting HMRC is becoming less sympathetic towards late ta...

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Non-compliance measures paying off for HMRC
HMRC

Non-compliance measures paying off for HMRC

6y Chris Jewers

Non-compliance measures paying off for HMRC

A Failure to Correct policy, that came into force in October 2018 and can see penalties of up to 200% of the tax liable, seems to have prompted a rush...

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The ‘genuinely self-employed’ need not fear IR35 changes
HMRC

The ‘genuinely self-employed’ need not fear IR35 changes

6y Tom Lemmon

The ‘genuinely self-employed’ need not fear IR35 c...

Those genuinely being contracted on a self-employed basis are not being targeted, just those disguising themselves as self-employed to create a more f...

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