Rent-a-room relief – the survey says…
Personal Tax

Rent-a-room relief – the survey says…

6y Helen Thornley

Rent-a-room relief – the survey says…

Recently, the government issued a call for evidence on rent-a-room relief and is now analysing responses to the consultation. What did a joint survey ...

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What should the OTS prioritise in its review of inheritance tax?
Personal Tax

What should the OTS prioritise in its review of inheritance tax?

6y Accountancy Age

What should the OTS prioritise in its review of in...

Following the Chancellor calling for a review into IHT, industry experts call for examination of the residence nil rate band, taper relief and taxing ...

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LITRG urges government to consider tax changes in disability work plan
Administration

LITRG urges government to consider tax changes in disability work plan

7y Accountancy Age

LITRG urges government to consider tax changes in ...

The Low Income Tax Reform Group believes the government should have included tax initiatives in its plans for disabled people and employment Read More...

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HMRC appeal rejected in Tottenham Hotspur case
Administration

HMRC appeal rejected in Tottenham Hotspur case

7y Accountancy Age

HMRC appeal rejected in Tottenham Hotspur case

The Upper Tribunal has rejected an appeal from HMRC in a case relating to the taxation of termination payments made to football player employees of To...

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HMRC urged to clarify impact of income allowances on Self-Assessments
Personal Tax

HMRC urged to clarify impact of income allowances on Self-Assessments

7y Accountancy Age

HMRC urged to clarify impact of income allowances ...

The Low Incomes Tax Reform Group (LITRG) has urged HMRC to clarify changes around income allowances that will come into force next year to prevent con...

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New trading allowance: simplicity, but not as we know it
Administration

New trading allowance: simplicity, but not as we know it

7y Emma Rawson

New trading allowance: simplicity, but not as we k...

Although the concept of a £1,000 tax-free allowance sounds very simple, there are a number of complexities of which taxpayers and advisers need to be ...

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Wealthy individuals could circumvent top tax rate rises
Personal Tax

Wealthy individuals could circumvent top tax rate rises

7y Accountancy Age

Wealthy individuals could circumvent top tax rate ...

The research looked at Labour’s 2017 election manifesto proposals to raise the upper tax rates and found it would not necessarily generate more tax re...

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Italy grants first successful non-dom status application to former UK non-dom
Personal Tax

Italy grants first successful non-dom status application to former UK non-d...

7y Accountancy Age

Italy grants first successful non-dom status appli...

The regime aims to attract investment to Italy by offering newly tax resident individuals a yearly substitute tax of €100,000 on foreign-sourced incom...

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Industry reaction: Taylor Review does not go far enough in addressing tax issues
Legal

Industry reaction: Taylor Review does not go far enough in addressing tax i...

7y Accountancy Age

Industry reaction: Taylor Review does not go far e...

While supportive of suggestions to afford gig economy workers more rights and protections, industry reaction suggests more tax reform is needed for me...

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Does the Taylor Review sufficiently address the gig economy?
Corporate Tax

Does the Taylor Review sufficiently address the gig economy?

7y Accountancy Age

Does the Taylor Review sufficiently address the gi...

The findings of the Taylor Review have now been published, closely looking at employment law, employment tax and how current regulations should adapt ...

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HMRC tax evasion assistance requests double in five years
Corporate Tax

HMRC tax evasion assistance requests double in five years

7y Accountancy Age

HMRC tax evasion assistance requests double in fiv...

In 2012, HMRC made 591 requests to foreign governments. In 2016, this number stood at 1096, a 7% increase on 1025 requests made in 2015 Read More...

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Rangers tax case to have ‘dramatic’ consequences for football and business
Legal

Rangers tax case to have ‘dramatic’ consequences for football and business

7y Accountancy Age

Rangers tax case to have ‘dramatic’ consequences f...

The Supreme Court rules in favour of HMRC in a tax case relating to the remuneration of Rangers Football Club employees through an employee benefit tr...

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HMRC collects record £5bn in inheritance tax
HMRC

HMRC collects record £5bn in inheritance tax

7y Accountancy Age

HMRC collects record £5bn in inheritance tax

HMRC collected a record £5.1bn in inheritance tax in the year June 2016 to May 2017, according to private client law firm Wilsons Read More...

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Making Tax Digital: What might HMRC’s penalties model look like?
Corporate Tax

Making Tax Digital: What might HMRC’s penalties model look like?

7y Accountancy Age

Making Tax Digital: What might HMRC’s penalties mo...

The system of late submission and late payment penalties is due to go into effect in April 2019 after a year-long grace period Read More...

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The top three issues that the next government must address for accountants
Making Tax Digital

The top three issues that the next government must address for accountants

7y Accountancy Age

The top three issues that the next government must...

What policies should the new government place at the top of their agenda for the accounting industry? Making Tax Digital, IR35 and late payments are a...

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Inheritance tax relief predicted to hit £900m through charitable donations
Legal

Inheritance tax relief predicted to hit £900m through charitable donations

7y Accountancy Age

Inheritance tax relief predicted to hit £900m thro...

Inheritance tax relief increased by 16% last year to £880m, compared to £760m in the previous year. The amount is significantly higher than the £420m ...

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Making Tax Digital: Is HMRC’s recent system fault a cause for concern?
Accounting Software

Making Tax Digital: Is HMRC’s recent system fault a cause for concern?

7y Accountancy Age

Making Tax Digital: Is HMRC’s recent system fault ...

Following recent issues with HMRC’s personal tax computation software, Brian Palmer of the AAT questions whether the government’s implementation timef...

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CIOT highlights looming landlord taxation changes
Personal Tax

CIOT highlights looming landlord taxation changes

7y Accountancy Age

CIOT highlights looming landlord taxation changes

The first phase of a process to restrict the amount of tax relief for residential landlords to the basic rate of tax will enter into force on April 6 ...

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Spring Budget leaves HNWIs considering their options
Personal Tax

Spring Budget leaves HNWIs considering their options

7y Accountancy Age

Spring Budget leaves HNWIs considering their optio...

Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attrac...

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U-turn on Class 4 NICs leaves ‘£2bn hole’, says KPMG
Personal Tax

U-turn on Class 4 NICs leaves ‘£2bn hole’, says KPMG

7y Accountancy Age

U-turn on Class 4 NICs leaves ‘£2bn hole’, says KP...

The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of ...

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Delay to NICs increase a ‘partial U-turn’, says McDonnell
Personal Tax

Delay to NICs increase a ‘partial U-turn’, says McDonnell

7y Accountancy Age

Delay to NICs increase a ‘partial U-turn’, says Mc...

Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' ...

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Top five takeaways from Spring Budget 2017
Corporate Tax

Top five takeaways from Spring Budget 2017

7y Accountancy Age

Top five takeaways from Spring Budget 2017

Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals Read More...

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Live blog: Spring Budget 2017
Corporate Tax

Live blog: Spring Budget 2017

7y Accountancy Age

Live blog: Spring Budget 2017

Welcome to our live blog for Spring Budget 2017. Follow our Budget coverage throughout the day, including expert analysis and opinion on the key issue...

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Top five talking points for Spring Budget 2017
Corporate Tax

Top five talking points for Spring Budget 2017

7y Accountancy Age

Top five talking points for Spring Budget 2017

As chancellor Philip Hammond prepares to deliver the final Spring Budget, we take a look at the key topics that could be on the agenda for 8 March Rea...

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Income tax reduction top priority for businesses in Spring Budget
Corporate Tax

Income tax reduction top priority for businesses in Spring Budget

7y Accountancy Age

Income tax reduction top priority for businesses i...

22% of businesses consider a reduction in income tax the top priority for the Spring Budget, with reductions in inheritance tax and business rates fol...

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What can we expect from Spring Budget 2017?
Corporate Tax

What can we expect from Spring Budget 2017?

7y Accountancy Age

What can we expect from Spring Budget 2017?

As the chancellor gets ready for his first and last Spring Budget, David Brookes of BDO looks at the key issues that could and should be addressed on ...

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Edwin Coe recruits HMRC operational head of fraud investigation team
Corporate Tax

Edwin Coe recruits HMRC operational head of fraud investigation team

7y Accountancy Age

Edwin Coe recruits HMRC operational head of fraud ...

At HMRC, Dmitri Surendran was responsible for leading the London team of the offshore, corporate and wealthy unit of the fraud investigation service R...

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