From plot to profit: Strategic tax planning for landowners
Corporate Tax

From plot to profit: Strategic tax planning for landowners

4w Naomi Stewart, Head of Tax at Shaw Gibbs

From plot to profit: Strategic tax planning for la...

UK landowners face both opportunity and risk when shifting land from agriculture to development. In this article, Naomi Stewart, Head of Tax at Shaw G...

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No plans for MTD for corporation tax, says HMRC
Corporate Tax

No plans for MTD for corporation tax, says HMRC

2m Accountancy Age

No plans for MTD for corporation tax, says HMRC

HMRC has officially ruled out plans to introduce Making Tax Digital for Corporation Tax, confirming the shift in its July 2025 Transformation Roadmap....

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RCK’s CEO on what R&D tax got wrong (and what’s next)
Corporate Tax

RCK’s CEO on what R&D tax got wrong (and what’s next)

2m Marina Mouka

RCK’s CEO on what R&D tax got wrong (and what’s ne...

As the new CEO of RCK Partners, James Gibson isn’t chasing scale for its own sake. In a sector battling credibility issues, he’s betting on better jud...

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Small firms behind bulk of £47bn UK tax gap
Corporate Tax

Small firms behind bulk of £47bn UK tax gap

3m Accountancy Age

Small firms behind bulk of £47bn UK tax gap

The UK tax gap held steady at 5.3% in 2023–24, translating to £46.8 billion in unpaid taxes, according to the latest HMRC statistics. While the percen...

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Ballards LLP shortlisted for three Tolley’s Taxation Awards 2025
Accounting Firms

Ballards LLP shortlisted for three Tolley’s Taxation Awards 2025

5m Accountancy Age

Ballards LLP shortlisted for three Tolley’s Taxati...

Worcestershire-based accountancy firm Ballards LLP has been shortlisted for three categories at the Tolley’s Taxation Awards 2025. The firm, which ope...

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Reeves rules out wealth tax rises in Autumn Budget
Budget 2025

Reeves rules out wealth tax rises in Autumn Budget

5m Accountancy Age

Reeves rules out wealth tax rises in Autumn Budget

Chancellor Rachel Reeves has ruled out any increases to UK wealth taxes in the upcoming Autumn Budget, putting an end to speculation over potential hi...

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HMRC red tape casts UK SMEs £25bn a year
Accounting Firms

HMRC red tape casts UK SMEs £25bn a year

5m Accountancy Age

HMRC red tape casts UK SMEs £25bn a year

UK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...

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Business tax reforms from 6 April – Higher NICs, FHL changes & more
Budget 2025

Business tax reforms from 6 April – Higher NICs, FHL changes & more

6m Accountancy Age

Business tax reforms from 6 April – Higher NICs, F...

Businesses across the UK should prepare for several significant tax changes coming into effect from 6 April 2025, according to the ICAEW. While some o...

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The online accounts and Company Tax Return system to shut down in 2026
Companies House

The online accounts and Company Tax Return system to shut down in 2026

6m Accountancy Age

The online accounts and Company Tax Return system ...

Businesses that have relied on the joint online filing service for Company Tax Returns and accounts submissions will need to find alternative solution...

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5 tax lessons for SMEs on Brexit’s 5th anniversary
Brexit & Economy

5 tax lessons for SMEs on Brexit’s 5th anniversary

7m Adam Owens, Partner for Tax Advisory at Xeinadin

5 tax lessons for SMEs on Brexit’s 5th anniversary

Five years on from Brexit, small and medium-sized businesses continue to face challenges from its tax and trade implications. It was hugely divisive, ...

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A £1.13bn problem: HMRC’s crackdown on R&D tax errors
Corporate Tax

A £1.13bn problem: HMRC’s crackdown on R&D tax errors

8m Accountancy Age

A £1.13bn problem: HMRC’s crackdown on R&D tax err...

HM Revenue & Customs (HMRC) has launched a voluntary disclosure initiative aimed at companies that have overclaimed research and development (R&am...

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IFS calls on Labour for ‘serious reforms’ of capital gains tax
Budget

IFS calls on Labour for ‘serious reforms’ of capital gains tax

11m Accountancy Age

IFS calls on Labour for ‘serious reforms’ of capit...

As Labour prepares for its first Budget under Chancellor Rachel Reeves, the Institute for Fiscal Studies (IFS) is urging the party to pursue sweeping ...

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HMRC increasingly pursuing company directors to pay tax bills of insolvent businesses
Corporate Tax

HMRC increasingly pursuing company directors to pay tax bills of insolvent ...

1y Accountancy Age

HMRC increasingly pursuing company directors to pa...

HMRC is increasingly pursuing company directors (and other individuals connected with the management of companies) to pay outstanding tax bills that a...

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Apple loses €13bn tax battle in EU court ruling
Business Regulation

Apple loses €13bn tax battle in EU court ruling

1y Rachael Kennedy

Apple loses €13bn tax battle in EU court ruling

The European Court of Justice (ECJ) has ruled against Apple in a high-profile €13 billion (£11 billion) tax case, overturning a previous lower court v...

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UK losing billions to Small Business tax evasion, NAO report finds
Corporate Tax

UK losing billions to Small Business tax evasion, NAO report finds

1y Accountancy Age

UK losing billions to Small Business tax evasion, ...

A new report from the National Audit Office (NAO) has revealed that the UK is losing billions of pounds annually due to tax evasion, with small busine...

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Cross-border compliance is hindering business growth - research
Business Regulation

Cross-border compliance is hindering business growth - research

1y Rachael Kennedy

Cross-border compliance is hindering business grow...

Over 80% of businesses around the world indicated that cross-border compliance complexity impacts their decision to sell into new markets, according t...

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Election tax policies under scrutiny, accountants demand transparency and innovation
Brexit & Economy

Election tax policies under scrutiny, accountants demand transparency and i...

1y Rachael Kennedy

Election tax policies under scrutiny, accountants ...

As the UK gears up for the general election, accounting and tax experts are calling on the incoming government to address critical gaps in tax policie...

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An accountants guide to the Liberal Democrats' manifesto
Corporate Tax

An accountants guide to the Liberal Democrats' manifesto

1y Accountancy Age

An accountants guide to the Liberal Democrats' man...

The Liberal Democrats' 2024 manifesto, "For A Fair Deal," proposes significant tax reforms, focusing on fairness and sustainability. Key changes inclu...

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Businesses save £1.4 billion in corporation tax through Patent Box scheme
Corporate Tax

Businesses save £1.4 billion in corporation tax through Patent Box scheme

2y Accountancy Age

Businesses save £1.4 billion in corporation tax th...

The amount of tax saved by businesses through HMRC’s Patent Box scheme has increased by 23% over the last five years, from £1.14 billion in 2017/18 to...

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Jeremy Hunt hints at further tax cuts at Davos: What accountants need to know
Budget

Jeremy Hunt hints at further tax cuts at Davos: What accountants need to kn...

2y Rachael Kennedy

Jeremy Hunt hints at further tax cuts at Davos: Wh...

UK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...

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84% of tax professionals fear double taxation as Pillar 2 looms
Corporate Tax

84% of tax professionals fear double taxation as Pillar 2 looms

2y Accountancy Age

84% of tax professionals fear double taxation as P...

The legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...

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UK Accountants brace for significant tax changes in 2024
Administration

UK Accountants brace for significant tax changes in 2024

2y Accountancy Age

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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What should accountants take away from Amazon's $270 million tax win?
Business

What should accountants take away from Amazon's $270 million tax win?

2y Accountancy Age

What should accountants take away from Amazon's $2...

Accountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...

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Sunak employs Thatcher-like tactics with taxation shift
Corporate Tax

Sunak employs Thatcher-like tactics with taxation shift

2y Accountancy Age

Sunak employs Thatcher-like tactics with taxation ...

As the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...

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Hint of future tax reductions welcomed but won’t quell uncertainty
Business

Hint of future tax reductions welcomed but won’t quell uncertainty

2y Greg Noble

Hint of future tax reductions welcomed but won’t q...

The Office for National Statistics revealed that the UK economy shrank by 0.3% in March after the economy grew by 0.1% in the previous three months Re...

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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’

3y 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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Rise in corporation tax ‘highly likely’ despite ‘rebellion building behind it’
Corporate Tax

Rise in corporation tax ‘highly likely’ despite ‘rebellion building behind ...

3y Greg Noble

Rise in corporation tax ‘highly likely’ despite ‘r...

Jeremy Hunt is facing calls for the rise in corporation tax to be abandoned Read More...

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