CIOT: Poor HMRC service ‘hammers away’ at trust
Brexit & Economy

CIOT: Poor HMRC service ‘hammers away’ at trust

11m Sam Alberti

CIOT: Poor HMRC service ‘hammers away’ at trust

The Chartered Institute of Taxation has issued damning comments on HMRC's ongoing challenges with service levels Read More...

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IR35 liabilities in public sector reach £300m
Contracting

IR35 liabilities in public sector reach £300m

11m Sam Alberti

IR35 liabilities in public sector reach £300m

The UKRI follows the DWP and DEFRA in being handed hefty tax bills Read More...

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HMRC R&D raid poses “significant risk” to accountants
HMRC

HMRC R&D raid poses “significant risk” to accountants

11m Sam Alberti

HMRC R&D raid poses “significant risk” to accounta...

HMRC investigations into R&D claims will have risen by 900% in the past four years, research suggests Read More...

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Smarter Regulation plans ‘long overdue’ for temporary workers
Brexit & Economy

Smarter Regulation plans ‘long overdue’ for temporary workers

11m Sam Alberti

Smarter Regulation plans ‘long overdue’ for tempor...

The proposed changes to employment law will save businesses £1bn per year, the policy paper argues Read More...

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HMRC says WFH does not affect service levels
HMRC

HMRC says WFH does not affect service levels

12m Greg Noble

HMRC says WFH does not affect service levels

HMRC had the lowest Whitehall department headquarters staff occupancy rates for the week commencing April 17 Read More...

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HMRC names and shames two offshore tax avoidance schemes
HMRC

HMRC names and shames two offshore tax avoidance schemes

12m Sam Alberti

HMRC names and shames two offshore tax avoidance s...

The two Belize-based schemes were "cynically marketed", a HMRC official said Read More...

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Market split on harsher treatment for tax avoiders
Contracting

Market split on harsher treatment for tax avoiders

12m Sam Alberti

Market split on harsher treatment for tax avoiders

A new HMRC consultation will assess whether to criminalise the failure to comply with a Stop Notice Read More...

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HMRC launches ‘potentially game-changing’ IR35 review
Contracting

HMRC launches ‘potentially game-changing’ IR35 review

12m Sam Alberti

HMRC launches ‘potentially game-changing’ IR35 rev...

A review of the controversial issue is long overdue, sources say Read More...

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Inheritance tax freeze 'disproportionate' amid UK borrowing plateau
Personal Tax

Inheritance tax freeze 'disproportionate' amid UK borrowing plateau

1y Greg Noble

Inheritance tax freeze 'disproportionate' amid UK ...

This was the fourth largest borrowing year since records began in 1993 Read More...

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Accountants’ economic confidence edges up for third consecutive quarter
Brexit & Economy

Accountants’ economic confidence edges up for third consecutive quarter

1y Sam Alberti

Accountants’ economic confidence edges up for thir...

The survey paints a “brightening” picture of the global economy, according to the ACCA Read More...

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HMRC helpline has reached ‘critical point’, says ICAEW
HMRC

HMRC helpline has reached ‘critical point’, says ICAEW

1y Greg Noble

HMRC helpline has reached ‘critical point’, says I...

HMRC’s customer service offering is becoming a “real problem” for taxpayers, says Miskin Read More...

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‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list
HMRC

‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list

1y Sam Alberti

‘Absurd’ loophole sees UK tax avoidance schemes re...

The Finance Act says that schemes can only be named and shamed for a year Read More...

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Digital services tax still existing is a ‘failure’
HMRC

Digital services tax still existing is a ‘failure’

1y Greg Noble

Digital services tax still existing is a ‘failure’

The tax raised £358 million in its inaugural year, surpassing initial estimates by 30% Read More...

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‘Arbitrary’ new R&D threshold could encourage fraud
Brexit & Economy

‘Arbitrary’ new R&D threshold could encourage fraud

1y Sam Alberti

‘Arbitrary’ new R&D threshold could encourage frau...

40% R&D threshold is an "arbitrary" number and may exclude many SMEs, accounting experts caution Read More...

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HMRC in ‘listening mode’ with attempts to improve service levels
HMRC

HMRC in ‘listening mode’ with attempts to improve service levels

1y Greg Noble

HMRC in ‘listening mode’ with attempts to improve ...

Three months on from damning report, HMRC service levels remain below pre-pandemic baseline Read More...

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Gary Lineker's HMRC battle wasn’t an IR35 case after all
HMRC

Gary Lineker's HMRC battle wasn’t an IR35 case after all

1y Greg Noble

Gary Lineker's HMRC battle wasn’t an IR35 case aft...

HMRC has 56 days to appeal to the Upper Tribunal (Tax and Chancery Chamber) Read More...

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ICAEW: Bank of England interest rate rise ‘ill-advised’
Brexit & Economy

ICAEW: Bank of England interest rate rise ‘ill-advised’

1y Sam Alberti

ICAEW: Bank of England interest rate rise ‘ill-adv...

Interest rate hike to lead to more business turbulence, argue accountants Read More...

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Declaring cryptoassets separately will help avoid ‘taxpayer confusion’    
HMRC

Declaring cryptoassets separately will help avoid ‘taxpayer confusion’    

1y Greg Noble

Declaring cryptoassets separately will help avoid ...

It is reported that around 6% of UK adults own cryptocurrency Read More...

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‘Further complexity’: accountants split on new R&D reliefs
Budget

‘Further complexity’: accountants split on new R&D reliefs

1y Sam Alberti

‘Further complexity’: accountants split on new R&D...

New R&D tax measures mark 'return to generosity' but add complexity, argue accounting experts Read More...

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Spring Budget: UK will not enter a recession, says Jeremy Hunt
Budget

Spring Budget: UK will not enter a recession, says Jeremy Hunt

1y Greg Noble

Spring Budget: UK will not enter a recession, says...

Chancellor Jeremy Hunt has unveiled the contents of his first Budget in the House of Commons Read More...

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IFA warns of “critical understanding” in ROE verification process
Brexit & Economy

IFA warns of “critical understanding” in ROE verification process

1y John Edwards

IFA warns of “critical understanding” in ROE verif...

Accountants must get to grips with the detailed verification requirements before agreeing to verify the identities of any beneficial owners or managin...

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What to look out for in the Spring Budget, according to the accounting market
Budget

What to look out for in the Spring Budget, according to the accounting mark...

1y Sam Alberti

What to look out for in the Spring Budget, accordi...

Though likely to be lacking in headline-grabbing policies, the 2023 Spring Budget could prove critical for the UK economy Read More...

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Dave Chaplin: ‘IR35 is a growth issue for the Tories’
Budget

Dave Chaplin: ‘IR35 is a growth issue for the Tories’

1y Sam Alberti

Dave Chaplin: ‘IR35 is a growth issue for the Tori...

As the Spring Budget approaches, dissenters of the UK government’s increasingly complex contractor legislation are baying for change. HMRC has already...

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Accounting bodies: HMRC service levels ‘top priority’ for Spring Budget
Budget

Accounting bodies: HMRC service levels ‘top priority’ for Spring Budget

1y Sam Alberti

Accounting bodies: HMRC service levels ‘top priori...

HMRC service levels have fallen to an “unacceptably low level” and must be urgently addressed as part of the forthcoming Spring Budget statement, the ...

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Chancellor ‘walking on a knife edge’ with Capital Gains Tax
Budget

Chancellor ‘walking on a knife edge’ with Capital Gains Tax

1y Greg Noble

Chancellor ‘walking on a knife edge’ with Capital ...

There has been an 18% increase in CGT in the last year alone Read More...

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IR35 has been ‘damaging’ to the self-employed says Sir John Redwood
Politics

IR35 has been ‘damaging’ to the self-employed says Sir John Redwood

1y Greg Noble

IR35 has been ‘damaging’ to the self-employed says...

The Chancellor must decide whether he will include IR35 in the Spring Budget Read More...

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R&D exodus for UK STEM amid ‘complexity and uncertainty’
HMRC

R&D exodus for UK STEM amid ‘complexity and uncertainty’

1y Sam Alberti

R&D exodus for UK STEM amid ‘complexity and uncert...

Half of all STEM businesses plan to move R&D activity overseas due to forthcoming changes Read More...

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