HMRC issues second warning to crypto users

Personal Tax HMRC issues second warning to crypto users

2m Accountancy Age, Reporters

HMRC issues second warning to crypto users

HMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...

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UK Accountants brace for significant tax changes in 2024

Administration UK Accountants brace for significant tax changes in 2024

3m Accountancy Age, Reporters

UK Accountants brace for significant tax changes i...

The upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...

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25% of total income and capital gains tax paid by 100,000 taxpayers

Personal Tax 25% of total income and capital gains tax paid by 100,000 taxpayers

3m Accountancy Age, Reporters

25% of total income and capital gains tax paid by ...

HMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...

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HMRC must demonstrate commitment to umbrella company regulation, experts say

HMRC HMRC must demonstrate commitment to umbrella company regulation, experts say

7m Sam Alberti

HMRC must demonstrate commitment to umbrella compa...

The tax office’s compliance activity has been described as “practically non-existent” 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

11m 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

11m 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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‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list

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

11m 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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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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HMRC ‘must shoulder blame’ for disguised remuneration schemes

HMRC HMRC ‘must shoulder blame’ for disguised remuneration schemes

1y Sam Alberti

HMRC ‘must shoulder blame’ for disguised remunerat...

Use of the schemes has been rife since the latest IR35 private sector reforms, one market participant said Read More...

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“Damning” report highlights IR35 non-compliance in public sector

HMRC “Damning” report highlights IR35 non-compliance in public sector

2y Sam Alberti

“Damning” report highlights IR35 non-compliance in...

Whitehall departments could owe HMRC as much as £236m, according to the report Read More...

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HMRC takes “more aggressive” approach as transfer pricing investigations soar

Tax Avoidance HMRC takes “more aggressive” approach as transfer pricing investigations soar

2y Sam Alberti

HMRC takes “more aggressive” approach as transfer ...

Increased scrutiny of corporate profit shifting by HMRC generates its record rise in transfer pricing tax yield Read More...

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Accountancy firms urged to help tackle umbrella company fraud

Tax Accountancy firms urged to help tackle umbrella company fraud

2y Rob Griffin

Accountancy firms urged to help tackle umbrella co...

Experts believe action plans are needed to tackle rising umbrella company fraud Read More...

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HMRC must "rebuild the trust" of taxpayers after Loan Charge failings

HMRC HMRC must "rebuild the trust" of taxpayers after Loan Charge failings

3y Sam Alberti

HMRC must "rebuild the trust" of taxpayers after L...

Government’s "misunderstanding" of how contracting works led to misinterpret "accidental" tax avoidance, critics say Read More...

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What accountants need to know about AML

Practice Regulation What accountants need to know about AML

3y Ed Molyneux, CEO

What accountants need to know about AML

Money laundering is a growing concern for businesses and governments around the world. Accountants play a crucial role in preventing money laundering ...

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EU’s tax irregularities attract international attention

Tax Avoidance EU’s tax irregularities attract international attention

3y Leanna Reeves

EU’s tax irregularities attract international atte...

Need to bolster national coffers leads to OECD scrutiny Read More...

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Multinational tax under consideration hits record high

Corporate Tax Multinational tax under consideration hits record high

4y Shannon Moyer

Multinational tax under consideration hits record ...

Professionals from the Chartered Institute of Taxation and Fitzgerald & Law weigh in on the impact of tax under consideration and the diverted profits...

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OECD forum’s head of secretariat welcomes tax battle progress

Tax Avoidance OECD forum’s head of secretariat welcomes tax battle progress

4y Leanna Reeves

OECD forum’s head of secretariat welcomes tax batt...

The international body highlights the success of automatic exchange in fight against tax evasion Read More...

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Q&A: McDermott Will & Emery partner assesses updates in DST talks

Tax Q&A: McDermott Will & Emery partner assesses updates in DST talks

4y Leanna Reeves

Q&A: McDermott Will & Emery partner assesses updat...

Partner at international law firm discusses DST negotiations and US trade agreements Read More...

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Q&A: Liquidating a multi-billion dollar Ponzi scheme

Career Q&A: Liquidating a multi-billion dollar Ponzi scheme

4y Jeremy Chan

Q&A: Liquidating a multi-billion dollar Ponzi sche...

Forensic accountant talks Allen Stanford, litigation, and the future of accountancy Read More...

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India to become latest in Asia’s invoicing system overhaul

Tax India to become latest in Asia’s invoicing system overhaul

4y Leanna Reeves

India to become latest in Asia’s invoicing system ...

Aimed at tackling evasion, India’s new e-invoicing system is the latest in a line of similar programmes across Asia Read More...

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OECD director: Agreement on digital services tax underway

Tax OECD director: Agreement on digital services tax underway

4y Leanna Reeves

OECD director: Agreement on digital services tax u...

As the US trade war deviated towards Europe, taxing the digital economy has become a difficult task for international leaders, but new negotiations ar...

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Accounting fraud in the UK: How recent scandals are impacting practices

Audit Accounting fraud in the UK: How recent scandals are impacting practices

4y Victoria Pavlova

Accounting fraud in the UK: How recent scandals ar...

UK accounting industry under scrutiny after recent fraud scandals at Patisserie Valerie and Carillion Read More...

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The most tax efficient way to celebrate Christmas in your company

People Business The most tax efficient way to celebrate Christmas in your company

4y James Foster

The most tax efficient way to celebrate Christmas ...

James Foster, SJD Accountancy explores options around Christmas party expenses and what companies can claim based on ‘staff expenses’. Read More...

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French Digital Service Tax: A model for Brexiters? Part 2

Corporate Tax French Digital Service Tax: A model for Brexiters? Part 2

4y Emmanuelle Deglaire and Marie-Charlotte Alary

French Digital Service Tax: A model for Brexiters?...

Emmanuelle Deglaire, Associate Professor & Member of the Legal EDHEC research centre and Marie-Charlotte Alary, LL.M. EDHEC Business School/EBS Univer...

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French Digital Services Tax: a model for Brexiters? Part 1

Corporate Tax French Digital Services Tax: a model for Brexiters? Part 1

4y Emmanuelle Deglaire and Marie-Charlotte Alary

French Digital Services Tax: a model for Brexiters...

Emmanuelle Deglaire, Associate Professor & Member of the Legal EDHEC research centre and Marie-Charlotte Alary, LL.M. EDHEC Business School/EBS Univer...

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New ACCA policy report places focus on corporate transparency

Regulation New ACCA policy report places focus on corporate transparency

4y Shannon Moyer

New ACCA policy report places focus on corporate t...

The ACCA's new guidelines for company taxation range from ethical considerations to revised policies on tax evasion, with new considerations for tax a...

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R&D Tax Relief, R&D Tax Credit - Know it all

HMRC R&D Tax Relief, R&D Tax Credit - Know it all

4y Jay Ashar

R&D Tax Relief, R&D Tax Credit - Know it all

R&D Tax Credit rewards innovation and drives progress and has the power to transform businesses. Here is how companies can make the most R&D Tax Relie...

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