Self-assessment hotline fits the bill
Personal Tax

Self-assessment hotline fits the bill

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Self-assessment hotline fits the bill

Neville Russell has launched a telephone helpline to aid taxpayers struggling with self-assessment. Callers to Tax Advice by Phone will receive the fi...

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Call for PRP scheme to be scrapped
Personal Tax

Call for PRP scheme to be scrapped

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Call for PRP scheme to be scrapped

The profit-related pay (PRP) scheme is ‘not achieving its stated objectives’ and should be scrapped, according to The Institute for Fiscal...

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View from the House - A tax system based on clarity and simplicity.
Personal Tax

View from the House - A tax system based on clarity and simplicity.

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View from the House - A tax system based on clarit...

Liberal Democrats suggest increased taxes can be popular if the moneyraised is prudently spent. Read More...

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Scots ICA selected to teach Russians
Personal Tax

Scots ICA selected to teach Russians

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Scots ICA selected to teach Russians

The World Bank has chosen the Scots ICA to run a series of courses for trainee accountants in Russia. The institute is working with the Russian Nation...

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The flying accountant
Personal Tax

The flying accountant

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The flying accountant

BA's Derek Stevens has transformed the way the airline's financedepartment operates. As he tells Leon Hopkins, business acumen andanalytical skills ar...

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Filkin condemns tax agents and collectors
Personal Tax

Filkin condemns tax agents and collectors

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Filkin condemns tax agents and collectors

Taxpayers’ agents are guilty of needlessly whipping up ‘aggro’ with the Inland Revenue and blaming the government department for the...

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NCP FD to step down
Personal Tax

NCP FD to step down

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NCP FD to step down

The massive re-organisation of financial accounting procedures at troubled car parking giant, National Car Parks, has resulted in the resignation of f...

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Labour health plans under fire
Personal Tax

Labour health plans under fire

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Labour health plans under fire

Labour’s proposal to axe tax-relief on private health insurance for the over-60s will hit both the elderly and the NHS. It would lead to premium...

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Brown and Blair at odds on top rate tax
Personal Tax

Brown and Blair at odds on top rate tax

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Brown and Blair at odds on top rate tax

Shadow Chancellor Gordon Brown is keeping his top rate tax options open despite Labour party leader Tony Blair’s claim to have no plans to ̵...

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Tarmac loses 'debt on security' ruling
Personal Tax

Tarmac loses 'debt on security' ruling

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Tarmac loses 'debt on security' ruling

Poor definition of a ‘debt on security’ lost Tarmac Roadstone Holdings its Special Commissioners appeal against tax on a capital gain of o...

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Customs upholds U-turn
Personal Tax

Customs upholds U-turn

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Customs upholds U-turn

Customs & Excise’s embattled VAT policy head, Martin Brown, has launched a vigorous defence of his decision to suspend and then continue ove...

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Pannells admits rent advice error
Personal Tax

Pannells admits rent advice error

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Pannells admits rent advice error

Potential abuse of the Rent A Room tax break scheme has been stamped out by the Inland Revenue. The Revenue added a clarifying sentence to this year&#...

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KPMG retains top spot for City audits
Personal Tax

KPMG retains top spot for City audits

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KPMG retains top spot for City audits

KPMG remains king of the Big Six auditors, increasing its lead over rivals as the firm with the most stock market clients. According to statistics rev...

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Taxpayers expect to lose in L&G tax rebate settlement
Personal Tax

Taxpayers expect to lose in L&G tax rebate settlement

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Taxpayers expect to lose in L&G tax rebate set...

Hundreds of tax payers look set to lose rebate claims for overpaid tax worth almost z6m on life assurance policies they hold with Legal & General....

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Government pledges to resolve LLP problem
Personal Tax

Government pledges to resolve LLP problem

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Government pledges to resolve LLP problem

Public services minister Roger Freeman last week pledged the Government to finding a solution to the liability burden faced by auditors. Speaking at t...

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Experts urge reform of reinvestment relief on CGT
Personal Tax

Experts urge reform of reinvestment relief on CGT

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Experts urge reform of reinvestment relief on CGT

A string of harsh restrictions are hampering the use of reinvestment relief on capital gains tax, experts claim. The relief allows individuals to defe...

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Share Incentives - Money for nothing?
Personal Tax

Share Incentives - Money for nothing?

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Share Incentives - Money for nothing?

Directors' pay is still a sore subject, despite the intervention ofthe Greenbury Report. Simon Garrett looks at the balancing act betweencorporate rew...

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CBI requests Chancellor to hack back tax by # 1bn
Personal Tax

CBI requests Chancellor to hack back tax by # 1bn

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CBI requests Chancellor to hack back tax by # 1bn

Tax cuts of up to # 1bn are called for by the Confederation of BritishIndustry in its annual Budget submission, writes Jon Bunn Read More...

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Know your rights if you get the sack
Personal Tax

Know your rights if you get the sack

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Know your rights if you get the sack

Losing your job may be a traumatic experience but, as Ian Hunterexplains, don't be so stunned as to forget your legal entitlements or yourability to n...

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Reuters advised to move against ACT
Personal Tax

Reuters advised to move against ACT

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Reuters advised to move against ACT

Reuters may have to start lobbying for the abolition of advance corporation tax or even move its tax domicile, according to City analysts, who say tha...

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Customs defends VAT repayment time limits
Personal Tax

Customs defends VAT repayment time limits

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Customs defends VAT repayment time limits

The head of VAT policy at Customs & Excise has launched an unprecedented defence of the Government’s decision to limit VAT repayments to thr...

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Advisers demand more self-assessment guides
Personal Tax

Advisers demand more self-assessment guides

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Advisers demand more self-assessment guides

The Inland Revenue has dispatched self-assessment information packs to more than 70,000 registered tax agents. But while advisers have welcomed the bo...

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Clark Whitehill teams up with ex-IR staff
Personal Tax

Clark Whitehill teams up with ex-IR staff

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Clark Whitehill teams up with ex-IR staff

Tax advisers face a major threat to their livelihoods from hundreds of redundant Inland Revenue inspectors under a new scheme unveiled this week by th...

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New points system for tax investigators
Personal Tax

New points system for tax investigators

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New points system for tax investigators

The Inland Revenue plans to scrap its current system of assessing the effectiveness of its investigators, in favour of a new system based on a more &#...

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Customs and Revenue welcome morale boost
Personal Tax

Customs and Revenue welcome morale boost

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Customs and Revenue welcome morale boost

Citizens’ Charter standards at Customs & Excise and the Inland Revenue have risen over the past five years. The only Charter mark to show a ...

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Green levy urged for energy market
Personal Tax

Green levy urged for energy market

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Green levy urged for energy market

New taxes are needed to ensure fair play in the energy market after deregulation takes effect in 1998, according to a left-leaning research body, repo...

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Jersey financial scandal is poised to ensnare Coopers
Personal Tax

Jersey financial scandal is poised to ensnare Coopers

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Jersey financial scandal is poised to ensnare Coop...

Discovery of Coopers & Lybrand’s potential involvement in the Cantrade scandal has far-reaching implications for Jersey’s financial re...

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