Declaring cryptoassets separately will help avoid ‘taxpayer confusion’    
HMRC

Declaring cryptoassets separately will help avoid ‘taxpayer confusion’    

4y Greg Noble

Declaring cryptoassets separately will help avoid ...

It is reported that around 6% of UK adults own cryptocurrency Read More...

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Dave Chaplin: ‘IR35 is a growth issue for the Tories’
Budget

Dave Chaplin: ‘IR35 is a growth issue for the Tories’

4y Sam Alberti

Dave Chaplin: ‘IR35 is a growth issue for the Tori...

As the Spring Budget approaches, dissenters of the UK government’s increasingly complex contractor legislation are baying for change. HMRC has already...

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Accounting bodies: HMRC service levels ‘top priority’ for Spring Budget
Budget

Accounting bodies: HMRC service levels ‘top priority’ for Spring Budget

4y Sam Alberti

Accounting bodies: HMRC service levels ‘top priori...

HMRC service levels have fallen to an “unacceptably low level” and must be urgently addressed as part of the forthcoming Spring Budget statement, the ...

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R&D exodus for UK STEM amid ‘complexity and uncertainty’
HMRC

R&D exodus for UK STEM amid ‘complexity and uncertainty’

4y Sam Alberti

R&D exodus for UK STEM amid ‘complexity and uncert...

Half of all STEM businesses plan to move R&D activity overseas due to forthcoming changes Read More...

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HMRC’s new VAT penalties: A fairer system?
HMRC

HMRC’s new VAT penalties: A fairer system?

4y Lauren Harvey , Assistant accountants manager, The Accountancy Partnership

HMRC’s new VAT penalties: A fairer system?

At the beginning of the year, HMRC implemented a new penalties system for late VAT submissions and payments. The new points-based penalty system is ar...

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90% of ADR cases resolved within 120 days, despite shift to video call, states HMRC
HMRC

90% of ADR cases resolved within 120 days, despite shift to video call, sta...

4y Greg Noble

90% of ADR cases resolved within 120 days, despite...

HMRC has emphasised that all mediators will be impartial throughout the ADR process Read More...

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New HMRC umbrella company guidance ‘doesn’t solve the bigger issue’
Contracting

New HMRC umbrella company guidance ‘doesn’t solve the bigger issue’

4y Sam Alberti

New HMRC umbrella company guidance ‘doesn’t solve ...

This only serves to highlight flaws in the system, experts have said Read More...

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Determining IR35 status based on archaic case law
HMRC

Determining IR35 status based on archaic case law

4y Greg Noble

Determining IR35 status based on archaic case law

The government will have to decide if IR35 will be mentioned in the 2023 Spring Budget Read More...

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ICAEW urges industry collaboration to resolve HMRC backlogs
HMRC

ICAEW urges industry collaboration to resolve HMRC backlogs

4y Greg Noble

ICAEW urges industry collaboration to resolve HMRC...

The ICAEW has proposed an emergency taskforce should be created to help improve HMRC’s backlog Read More...

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Zahawi scandal illustrates no one is beyond reach, despite tax system complexity
HMRC

Zahawi scandal illustrates no one is beyond reach, despite tax system compl...

4y Greg Noble

Zahawi scandal illustrates no one is beyond reach,...

Penalty and settlement reportedly issued by former chancellor to HMRC in September 2022 Read More...

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Loan charge suicides: Government has ‘a lot to answer for’
Contracting

Loan charge suicides: Government has ‘a lot to answer for’

4y Sam Alberti

Loan charge suicides: Government has ‘a lot to ans...

HMRC has confirmed that a 10th related suicide has occurred Read More...

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Accountancy firms face increased workloads as HMRC customer service delays persist
HMRC

Accountancy firms face increased workloads as HMRC customer service delays ...

4y Greg Noble

Accountancy firms face increased workloads as HMRC...

HMRC receives criticism from taxpayers as January 31 deadline looms Read More...

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ATT: Taxpayers must seek HMRC support amid “enormous” financial strain
HMRC

ATT: Taxpayers must seek HMRC support amid “enormous” financial strain

4y Sam Alberti

ATT: Taxpayers must seek HMRC support amid “enormo...

Nearly six million self-assessment taxpayers are still yet to file returns Read More...

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HMRC can’t blame the pandemic for all its customer service failings, says MP
HMRC

HMRC can’t blame the pandemic for all its customer service failings, says M...

4y Greg Noble

HMRC can’t blame the pandemic for all its customer...

HMRC are facing backlash over their recent customer service shortcomings Read More...

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MTD for ITSA officially delayed until 2026 to ‘maximise benefits’
HMRC

MTD for ITSA officially delayed until 2026 to ‘maximise benefits’

4y Greg Noble

MTD for ITSA officially delayed until 2026 to ‘max...

The postponement should help smaller businesses in the long run, according to the Treasury Read More...

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MTD for ITSA set to be postponed to 2026
Accounting Firms

MTD for ITSA set to be postponed to 2026

4y Greg Noble

MTD for ITSA set to be postponed to 2026

The original roll-out date 'was always going to be extremely difficult' to achieve, market participants have said Read More...

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MTD: A chance for accountants to show their worth
Accounting Firms

MTD: A chance for accountants to show their worth

4y Greg Noble

MTD: A chance for accountants to show their worth

The upcoming MTD for income tax self-assessment deadline opens the door for accountants to play a key advisory role once more  Read More...

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HMRC ‘must shoulder blame’ for disguised remuneration schemes
HMRC

HMRC ‘must shoulder blame’ for disguised remuneration schemes

4y Sam Alberti

HMRC ‘must shoulder blame’ for disguised remunerat...

Use of the schemes has been rife since the latest IR35 private sector reforms, one market participant said Read More...

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Businesses warned of IR35 uncertainties despite reform u-turn
Business

Businesses warned of IR35 uncertainties despite reform u-turn

4y Rob Griffin

Businesses warned of IR35 uncertainties despite re...

Accountancy firms say there are still many unanswered questions after Chancellor Kwasi Kwarteng’s speech Read More...

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The Trust Registration Service beyond September 1, 2022
HMRC

The Trust Registration Service beyond September 1, 2022

4y Helen Thornley

The Trust Registration Service beyond September 1,...

The deadline of September 1, 2022 for registering all trusts in existence at October 6, 2020 (unless specifically excluded) on the Trust Registration ...

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Post-pandemic, are HMRC’s gloves off for good?
HMRC

Post-pandemic, are HMRC’s gloves off for good?

4y Tim Symes, Lisa Vanderheide an...

Post-pandemic, are HMRC’s gloves off for good?

How has HMRC managed its metamorphosis from benevolent supporter of businesses during the pandemic to hard-nosed tax collector? Litigation specialists...

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The Kittel Principle - Sweet sixteen
Brexit & Economy

The Kittel Principle - Sweet sixteen

4y David Bedenham

The Kittel Principle - Sweet sixteen

On July 6, 2006, the Court of Justice of the European Union (CJEU) handed down the decision in Axel Kittel v Belgium; Belgium v Recolta Recycling SPRL...

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Accounting firms could “lose credibility” from MSC crackdown
Business

Accounting firms could “lose credibility” from MSC crackdown

4y Sam Alberti

Accounting firms could “lose credibility” from MSC...

Accountants with contractor clients must take practical steps in an attempt to fly under HMRC’s radar Read More...

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“Damning” report highlights IR35 non-compliance in public sector
HMRC

“Damning” report highlights IR35 non-compliance in public sector

4y Sam Alberti

“Damning” report highlights IR35 non-compliance in...

Whitehall departments could owe HMRC as much as £236m, according to the report Read More...

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Accountants need “back-up from HMRC” in MTD ITSA transition
HMRC

Accountants need “back-up from HMRC” in MTD ITSA transition

4y Sam Alberti

Accountants need “back-up from HMRC” in MTD ITSA t...

HMRC intends to atone for poor communications during MTD for VAT, a spokesperson said Read More...

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UK accountant handed jail term in £160k tax fraud case
HMRC

UK accountant handed jail term in £160k tax fraud case

4y Sam Alberti

UK accountant handed jail term in £160k tax fraud ...

The taxpayer’s trust was abused using accountancy knowledge and expertise, HMRC said Read More...

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Sharp rise in R&D tax credit claims is cause for both optimism and concern, says industry experts
HMRC

Sharp rise in R&D tax credit claims is cause for both optimism and concern,...

5y Sam Alberti

Sharp rise in R&D tax credit claims is cause for b...

While R&D investment promotes economic growth, fraudulent claims may be slipping through the net Read More...

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