Data science: the future of the tax industry

Making Tax Digital Data science: the future of the tax industry

9m Greg Noble

Data science: the future of the tax industry

Accountants must embrace technological advancements to keep up with legislation and innovate for clients Read More...

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UK to consult on ‘radical simplification’ of R&D regime

R&D UK to consult on ‘radical simplification’ of R&D regime

9m Sam Alberti

UK to consult on ‘radical simplification’ of R&D r...

The new scheme will seek to allow businesses to more effectively budget for R&D expenditure Read More...

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SMEs reeling from slashed R&D tax reliefs, experts say

Business SMEs reeling from slashed R&D tax reliefs, experts say

9m Sam Alberti

SMEs reeling from slashed R&D tax reliefs, experts...

The attempt to reduce bogus claims has been described as a ‘sledgehammer to crack a nut’ Read More...

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ATT: Taxpayers must seek HMRC support amid “enormous” financial strain

HMRC ATT: Taxpayers must seek HMRC support amid “enormous” financial strain

9m Sam Alberti

ATT: Taxpayers must seek HMRC support amid “enormo...

Nearly six million self-assessment taxpayers are still yet to file returns Read More...

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Embracing digitalisation as part of your indirect tax compliance strategy: a Q&A with Avalara’s Ruby Buckland

MTD Embracing digitalisation as part of your indirect tax compliance strategy: a Q&A with Avalara’s Ruby Buckland

9m Nash Riggins

Embracing digitalisation as part of your indirect ...

Regulatory divergence is on the rise across several key markets. As a result, corporates of all shapes and sizes are facing increasingly complex digit...

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HMRC can’t blame the pandemic for all its customer service failings, says MP

HMRC HMRC can’t blame the pandemic for all its customer service failings, says MP

9m Greg Noble

HMRC can’t blame the pandemic for all its customer...

HMRC are facing backlash over their recent customer service shortcomings Read More...

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New year, new VAT penalties

Tax New year, new VAT penalties

10m Emma Rawson, ATT Technical Officer

New year, new VAT penalties

Emma Rawson, ATT technical officer, takes a look at the new VAT late payment and filing penalties which will apply from January 1, 2023 Read More...

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Autumn Statement 2022: R&D relief for SMEs slashed

Budget Autumn Statement 2022: R&D relief for SMEs slashed

11m Sam Alberti

Autumn Statement 2022: R&D relief for SMEs slashed

The changes come amid “concerning” reports of abuse and fraud in R&D tax relief for SMEs, according to Chancellor Jeremy Hunt Read More...

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HMRC R&D fraud clampdown deterring authentic claims, experts say

R&D HMRC R&D fraud clampdown deterring authentic claims, experts say

11m Sam Alberti

HMRC R&D fraud clampdown deterring authentic claim...

The total value of R&D claims in the UK fell by 4% between 2019/20 and 2020/21 Read More...

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Autumn budget preview: Jeremy Hunt must ‘clarify’ ambiguous IR35 rules

Budget Autumn budget preview: Jeremy Hunt must ‘clarify’ ambiguous IR35 rules

11m Greg Noble

Autumn budget preview: Jeremy Hunt must ‘clarify’ ...

Market participants are hoping Chancellor Jeremy Hunt will clarify IR35 rules in the upcoming Autumn budget Read More...

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IR35 repeal U-turn a ‘massive oversight’

Politics IR35 repeal U-turn a ‘massive oversight’

12m Sam Alberti

IR35 repeal U-turn a ‘massive oversight’

The UK government’s U-turn jeopardises the contracting market and vital supply chains, experts say Read More...

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HMRC ‘must shoulder blame’ for disguised remuneration schemes

HMRC HMRC ‘must shoulder blame’ for disguised remuneration schemes

12m 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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Back to the future for off-payroll working

Business Back to the future for off-payroll working

12m Emma Rawson, ATT Technical Officer

Back to the future for off-payroll working

ATT technical officer, Emma Rawson, looks at what contractors and their advisors need to consider following the Chancellor’s unexpected IR35 announcem...

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Businesses warned of IR35 uncertainties despite reform u-turn

Business Businesses warned of IR35 uncertainties despite reform u-turn

1y Rob Griffin

Businesses warned of IR35 uncertainties despite re...

Accountancy firms say there are still many unanswered questions after Chancellor Kwasi Kwarteng’s speech Read More...

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Total UK R&D claim value falls for the first time ever

R&D Total UK R&D claim value falls for the first time ever

1y Sam Alberti

Total UK R&D claim value falls for the first time ...

Meanwhile, an uptick in the number of claims appears to show an innovation investment slump Read More...

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The Trust Registration Service beyond September 1, 2022

HMRC The Trust Registration Service beyond September 1, 2022

1y Helen Thornley, ATT Technical Officer

The Trust Registration Service beyond September 1,...

The deadline of September 1, 2022 for registering all trusts in existence at October 6, 2020 (unless specifically excluded) on the Trust Registration ...

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Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

Big Four Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

1y Rebecca Whittaker

Q&A: KPMG head of tax policy discusses ‘levelling ...

Head of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...

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Will new PM Liz Truss deliver on her tax cut promises, experts ask

Tax Will new PM Liz Truss deliver on her tax cut promises, experts ask

1y Rebecca Whittaker

Will new PM Liz Truss deliver on her tax cut promi...

New Prime Minister Liz Truss must review IR35 rules and support SMEs, business leaders and tax experts say Read More...

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Tax experts call on PM’s successor to make “vital” improvements to tax system

Tax Tax experts call on PM’s successor to make “vital” improvements to tax system

1y Rebecca Whittaker

Tax experts call on PM’s successor to make “vital”...

President of the Chartered Institute of Taxation says HMRC’s performance standards are ‘falling short’, reinforcing the need for reformed digitalisati...

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IR35 action “must not be lip service” for future PM

Business IR35 action “must not be lip service” for future PM

1y Sam Alberti

IR35 action “must not be lip service” for future P...

The prospect of reform is welcome, but must be taken with a pinch of salt, sources say Read More...

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SMEs can “extend runway” with R&D regime changes

R&D SMEs can “extend runway” with R&D regime changes

1y Sam Alberti

SMEs can “extend runway” with R&D regime changes

Proposed reforms to the UK’s R&D tax regime could see a clamp down on “opportunistic advisers” Read More...

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Post-pandemic, are HMRC’s gloves off for good?

HMRC Post-pandemic, are HMRC’s gloves off for good?

1y Tim Symes, Lisa Vanderheide and Eugene Pekos

Post-pandemic, are HMRC’s gloves off for good?

How has HMRC managed its metamorphosis from benevolent supporter of businesses during the pandemic to hard-nosed tax collector? Litigation specialists...

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HMRC suspects big firms of underpaying £1.4bn in employment taxes through IR35 rules

Tax HMRC suspects big firms of underpaying £1.4bn in employment taxes through IR35 rules

1y Rebecca Whittaker

HMRC suspects big firms of underpaying £1.4bn in e...

HMRC intends to crack down on both self-employed workers and those who are paid through a personal service company (PSC) Read More...

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Boris Johnson’s successor must make SME support an “immediate priority”

Business Boris Johnson’s successor must make SME support an “immediate priority”

1y Rebecca Whittaker and Sam Alberti

Boris Johnson’s successor must make SME support an...

While Rishi Sunak stands firm on his “sound money” values, appealing to the interests of businesses could be the route to the top job, experts argue R...

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UK R&D criteria to be tightened in system overhaul

Business UK R&D criteria to be tightened in system overhaul

1y Sam Alberti

UK R&D criteria to be tightened in system overhaul

New government proposals see scope widen in some areas but narrow in others Read More...

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Accounting watchdog fines Laura Ashley auditor over “serious” breaches

Administration Accounting watchdog fines Laura Ashley auditor over “serious” breaches

1y Rebecca Whittaker

Accounting watchdog fines Laura Ashley auditor ove...

UHY Hacker Young and audit engagement partner Martin Jones face fines of more than £300,00 following Laura Ashley audit breaches. Read More...

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The trials of residential property reporting

Personal Tax The trials of residential property reporting

1y Helen Thornley, ATT Technical Officer

The trials of residential property reporting

It’s been over two years since the introduction of so called ’60-day’ (originally 30-day) reporting. These rules represent a major change in the natur...

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