HMRC seeks views on changes to self-assessment registration

Personal Tax HMRC seeks views on changes to self-assessment registration

3w Helen Thornley, ATT Technical Officer

HMRC seeks views on changes to self-assessment reg...

Are 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...

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Be wary of penalties despite "welcome" self assessment deadline extension, experts say

Personal Tax Be wary of penalties despite "welcome" self assessment deadline extension, experts say

1m Maria Volpe

Be wary of penalties despite "welcome" self assess...

With just a matter of days to go, tax advisers offer a reminder of the applicable penalties and how to avoid them Read More...

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HMRC considering shorter registration deadlines for sole traders and landlords

Personal Tax HMRC considering shorter registration deadlines for sole traders and landlords

4m Emma Rawson, ATT Technical Officer

HMRC considering shorter registration deadlines fo...

ATT 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...

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UK tax crunch widely expected

Brexit & Economy UK tax crunch widely expected

1y Tom Lemmon

UK tax crunch widely expected

£394bn deficit means tax rises will be necessary to pay off coronavirus costs Read More...

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Workers face ‘grey areas’ when filing for WFH tax relief

HMRC Workers face ‘grey areas’ when filing for WFH tax relief

2y Jeremy Chan

Workers face ‘grey areas’ when filing for WFH tax ...

Tax managers warn of complexities in HMRC’s WFH tax allowances Read More...

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Major 2020 US expat tax concerns for UK accountants

Personal Tax Major 2020 US expat tax concerns for UK accountants

2y Shannon Moyer

Major 2020 US expat tax concerns for UK accountant...

American 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...

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Incentivise your clients to ease tax return headaches

Accounting Software Incentivise your clients to ease tax return headaches

2y Chris Jewers

Incentivise your clients to ease tax return headac...

A 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...

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Three quarters of organisations not ready for IR35 rules

HMRC Three quarters of organisations not ready for IR35 rules

2y Jeremy Chan

Three quarters of organisations not ready for IR35...

With 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...

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HMRC’s yield from investigations into wealthy individuals hits record

Personal Tax HMRC’s yield from investigations into wealthy individuals hits record

3y Leanna Reeves

HMRC’s yield from investigations into wealthy indi...

HMRC has experienced an increase in its revenue due to further investigations in the year 2018/19. Read More...

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Payroll: SME employees making pay check errors need accountant's expertise

Personal Tax Payroll: SME employees making pay check errors need accountant's expertise

3y Chris Jewers

Payroll: SME employees making pay check errors nee...

The survey found that the problem was particularly prevalent among employees of smaller businesses, with 77% of SME employees believing, incorrectly, ...

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HMRC takes record £860m in penalties

Personal Tax HMRC takes record £860m in penalties

3y Tom Lemmon

HMRC takes record £860m in penalties

Last 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...

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Boris Johnson’s tax cut: Would it work?

Brexit Boris Johnson’s tax cut: Would it work?

3y Dave Beach

Boris Johnson’s tax cut: Would it work?

Boris 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...

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What’s yours is mine –Joint property and Form 17

Personal Tax What’s yours is mine –Joint property and Form 17

3y Helen Thornley, ATT Technical Officer

What’s yours is mine –Joint property and Form 17

Helen Thornley, Technical Officer at ATT, explains how joint assets owned by a couple can be treated for tax purposes Read More...

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Supreme Court rules against Pimlico Plumbers in landmark employment case

Legal Supreme Court rules against Pimlico Plumbers in landmark employment case

4y Alia Shoaib, Reporter

Supreme Court rules against Pimlico Plumbers in la...

The ruling, relating to the employment status of plumber Gary Smith, will have wide implications for the gig economy and the rights of independent con...

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Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

4y Alia Shoaib, Reporter

Inheritance tax is 'unfit for modern society' and ...

The 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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Rent-a-room relief – the survey says…

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

4y Helen Thornley, ATT Technical Officer

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?

4y Alia Shoaib, Reporter

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

4y Lucy Skoulding, Reporter

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

4y Emma Smith, Managing Editor

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

4y Alia Shoaib, Reporter

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

4y Emma Rawson, ATT Technical Officer

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

5y Alia Shoaib, Reporter

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-dom

5y Emma Smith, Managing Editor

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 issues

5y Alia Shoaib, Reporter

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?

5y Alia Shoaib, Reporter

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

5y Emma Smith, Managing Editor

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

5y Emma Smith, Managing Editor

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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