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...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleThis was the fourth largest borrowing year since records began in 1993 Read More...
View articleATT technical officer, David Wright, provides an overview of the welcome relaxation to CGT provisions for separating couples looking to transfer asset...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT) considers four allowances to use before it’s too late Read More...
View articleThe prospect of reform is welcome, but must be taken with a pinch of salt, sources say Read More...
View articleIt’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...
View articleAccountants with contractor clients must take practical steps in an attempt to fly under HMRC’s radar Read More...
View articleAre taxpayers aware of their self-assessment obligations before they come to you? In a consultation due to close shortly, HMRC is looking at whether t...
View articleWith just a matter of days to go, tax advisers offer a reminder of the applicable penalties and how to avoid them Read More...
View articleATT technical officer, Emma Rawson, takes a look at HMRC’s new call for evidence which explores potential reforms to how and when individuals with pro...
View article£394bn deficit means tax rises will be necessary to pay off coronavirus costs Read More...
View articleTax managers warn of complexities in HMRC’s WFH tax allowances Read More...
View articleAmerican expats and green card holders living in the UK face a number of complex federal and state filing requirements ahead of Tax Day on 15 April Re...
View articleA shift in mindset can aid with the incentivisation of your clients. By being more proactive, friendly and approachable, you are more likely to open l...
View articleWith IR35 regulations set to be extended in six months, the vast majority of organisations are not ready to implement the new rules, according to a re...
View articleHMRC has experienced an increase in its revenue due to further investigations in the year 2018/19. Read More...
View articleThe survey found that the problem was particularly prevalent among employees of smaller businesses, with 77% of SME employees believing, incorrectly, ...
View articleLast year, HMRC imposed a record £860m in penalties on individual taxpayers, up 24% from £694m in 2017/18, according to accounting group UHY Hacker Yo...
View articleBoris Johnson has proposed to raise the 40p tax from £50,000 to £80,000 in his bid to become the next Tory leader – and the accountancy industry...
View articleHelen Thornley, Technical Officer at ATT, explains how joint assets owned by a couple can be treated for tax purposes Read More...
View articleThe ruling, relating to the employment status of plumber Gary Smith, will have wide implications for the gig economy and the rights of independent con...
View articleThe report states the current system “manages the uniquely bad twin feat of being both wildly unpopular and raising very little revenue" and proposes ...
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