NIC reform delay alarms tax experts
Personal Tax

NIC reform delay alarms tax experts

28y Accountancy Age

NIC reform delay alarms tax experts

Cutting red tape to allow employers to pay lump-sum national insurance contributions for minor expenses could be delayed until April 1998. Tax experts...

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Clarke backs down on VAT repayment ruling
Personal Tax

Clarke backs down on VAT repayment ruling

28y Accountancy Age

Clarke backs down on VAT repayment ruling

Months of unrelenting pressure from accountants and industry finally forced the Chancellor to introduce equal claim periods for Customs & Excise a...

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An unjust ruling.
Personal Tax

An unjust ruling.

28y Accountancy Age

An unjust ruling.

John Arnold argues that Customs is using a blunderbuss in the VATrepayment issue and playing the 'national interest' card in defence of anunjust polic...

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VIEW FROM THE HOUSE - The unanswerable case for ditching CGT and IHT
Personal Tax

VIEW FROM THE HOUSE - The unanswerable case for ditching CGT and IHT

28y michael laydon

VIEW FROM THE HOUSE - The unanswerable case for di...

Getting rid of capital gains and inheritance tax may be moreachievable than reductions in income tax by Michael Stern,Conservative MP for Bristol Nort...

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Pundits split over tax on profit-related pay
Personal Tax

Pundits split over tax on profit-related pay

28y michael laydon

Pundits split over tax on profit-related pay

A sharp rise in tax receipts during October has given the Chancellor greater scope for cutting taxes in next Tuesday’s Budget. Despite the incre...

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Tax appeals system targeted for reform
Personal Tax

Tax appeals system targeted for reform

28y michael laydon

Tax appeals system targeted for reform

A major overhaul of the tax appeals system is urgently needed to clear up the ‘maze of provisions’ baffling taxpayers and practitioners al...

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Revenue starts rolling self-assessment ball
Personal Tax

Revenue starts rolling self-assessment ball

28y michael laydon

Revenue starts rolling self-assessment ball

The Inland Revenue has begun sending out the first statements of account to almost 1.6m taxpayers as part of the move to self-assessment. The statemen...

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BUDGET PREVIEW - A Budget for the General Election
Personal Tax

BUDGET PREVIEW - A Budget for the General Election

28y michael laydon

BUDGET PREVIEW - A Budget for the General Election

With the Budget statement imminent, Jon Bunn asks leading lights ofthe profession to dust off their crystal balls. Read More...

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VIEW FROM THE HOUSE - A modest tax reform to boost the film industry
Personal Tax

VIEW FROM THE HOUSE - A modest tax reform to boost the film industry

28y michael laydon

VIEW FROM THE HOUSE - A modest tax reform to boost...

Introducing a simple tax incentive could result in investment inBritish film production rising by 32%. Read More...

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Tribunal rattles Customs with repayments ruling
Personal Tax

Tribunal rattles Customs with repayments ruling

28y michael laydon

Tribunal rattles Customs with repayments ruling

Customs & Excise has settled a key case against the three-year rule on VAT repayments after a tribunal chairman ruled partially against the Govern...

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Thorn takes fleet case to Lords
Personal Tax

Thorn takes fleet case to Lords

28y michael laydon

Thorn takes fleet case to Lords

Electronics group Thorn will take its appeal against Customs & Excise VAT treatment of its company car purchases to the House of Lords, writes Jon...

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CREST causes huge rise in stamp duty
Personal Tax

CREST causes huge rise in stamp duty

28y michael laydon

CREST causes huge rise in stamp duty

Anomalies in the stamp duty system could cost taxpayers millions of pounds, claims Deloitte & Touche. Deloittes’ stamp duty team warned that...

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FDs oppose three-year VAT legislation
Personal Tax

FDs oppose three-year VAT legislation

28y michael laydon

FDs oppose three-year VAT legislation

Finance directors have condemned the Government’s three-year rule limiting VAT repayments, with less than one in five viewing the new measure as...

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Revenue purge to hit construction workers
Personal Tax

Revenue purge to hit construction workers

28y michael laydon

Revenue purge to hit construction workers

A huge row is brewing between the Inland Revenue and the construction industry over new rules that will put an end to national insurance and tax avoid...

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Filthy lucre
Personal Tax

Filthy lucre

28y michael laydon

Filthy lucre

The UK's sex industry is estimated to be worth around u750m a yearand its figureheads are among the richest people in the country. Yet theCity shies a...

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Euro tax man prepares to consider UK 3-year tax rule
Personal Tax

Euro tax man prepares to consider UK 3-year tax rule

28y michael laydon

Euro tax man prepares to consider UK 3-year tax ru...

European tax Commissioner Mario Monti was due to be quizzed on Tuesday night about the legality of the UK’s three-year rule on VAT repayments. G...

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View from the House - Negotiation the answer to VAT repayment issue
Personal Tax

View from the House - Negotiation the answer to VAT repayment issue

28y michael laydon

View from the House - Negotiation the answer to VA...

The Government's attempt to limit repayment on overpaid VAT to threeyears cannot be right. Read More...

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PW predicts no cuts in relief for PRPs
Personal Tax

PW predicts no cuts in relief for PRPs

28y michael laydon

PW predicts no cuts in relief for PRPs

Cuts in tax relief on profit related pay schemes would be politically devastating for the Government, claims Price Waterhouse. PW’s PRP experts ...

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Revenue's 99% fails to please the public
Personal Tax

Revenue's 99% fails to please the public

28y michael laydon

Revenue's 99% fails to please the public

Complaints about Inland Revenue tax repayments soared last year despite claims by the Government department that it dealt with 99% of cases within its...

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Revenue court case reveals scandal.
Personal Tax

Revenue court case reveals scandal.

28y michael laydon

Revenue court case reveals scandal.

A trial at the Old Bailey is prizing open the mysterious and murky world of Inland Revenue tax investigations. The prostitute girlfriend of the senior...

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Tax threat fails as deterrent to Jersey move
Personal Tax

Tax threat fails as deterrent to Jersey move

28y michael laydon

Tax threat fails as deterrent to Jersey move

A ‘carrot and stick’ approach adopted by the Government on LLP reform has failed to deter Price Waterhouse and Ernst & Young from plan...

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Tax law revamp will rely on independent advice
Personal Tax

Tax law revamp will rely on independent advice

28y michael laydon

Tax law revamp will rely on independent advice

Future Tax Simplification Bills will receive full consultation overseen by an independent steering committee before they are debated in Parliament. Th...

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View from the house - Don't hold your breath for income tax at 20%
Personal Tax

View from the house - Don't hold your breath for income tax at 20%

28y michael laydon

View from the house - Don't hold your breath for i...

Even if the Tories win the next election, a 20% income tax rate wouldhave to wait another decade Read More...

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Building tax crackdown hits small firms
Personal Tax

Building tax crackdown hits small firms

28y michael laydon

Building tax crackdown hits small firms

Hundreds of small and medium-sized practitioners face huge cuts in their income following demands by the Inland Revenue that self-employed workers in ...

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Tax inspector on corruption charges
Personal Tax

Tax inspector on corruption charges

28y michael laydon

Tax inspector on corruption charges

Former tax inspector, Michael Allcock, was treated to a night out gambling in Monte Carlo’s casinos by an Arab millionaire in return for wiping ...

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School fee tax breaks survive Revenue plan
Personal Tax

School fee tax breaks survive Revenue plan

28y michael laydon

School fee tax breaks survive Revenue plan

An Inland Revenue scheme to withdraw lucrative tax breaks for educational trust school fee plans has been ditched after fierce opposition. The Revenue...

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Single currency may promote tax union
Personal Tax

Single currency may promote tax union

28y michael laydon

Single currency may promote tax union

European fiscal affairs commissioner Mario Monti has said he expects the arrival of the European Union’s single currency to encourage cooperatio...

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