UK drops tax crackdown on private equity and accountancies
HMRC

UK drops tax crackdown on private equity and accountancies

1m Accountancy Age

UK drops tax crackdown on private equity and accou...

The UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...

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UK losing billions to Small Business tax evasion, NAO report finds
Corporate Tax

UK losing billions to Small Business tax evasion, NAO report finds

7m Accountancy Age

UK losing billions to Small Business tax evasion, ...

A new report from the National Audit Office (NAO) has revealed that the UK is losing billions of pounds annually due to tax evasion, with small busine...

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HMRC issues second warning to crypto users
Personal Tax

HMRC issues second warning to crypto users

1y Accountancy Age

HMRC issues second warning to crypto users

HMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...

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UK Accountants brace for significant tax changes in 2024
Administration

UK Accountants brace for significant tax changes in 2024

1y Accountancy Age

UK Accountants brace for significant tax changes i...

The upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...

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25% of total income and capital gains tax paid by 100,000 taxpayers
Personal Tax

25% of total income and capital gains tax paid by 100,000 taxpayers

1y Accountancy Age

25% of total income and capital gains tax paid by ...

HMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...

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HMRC must demonstrate commitment to umbrella company regulation, experts say
HMRC

HMRC must demonstrate commitment to umbrella company regulation, experts sa...

2y Sam Alberti

HMRC must demonstrate commitment to umbrella compa...

The tax office’s compliance activity has been described as “practically non-existent” Read More...

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HMRC names and shames two offshore tax avoidance schemes
HMRC

HMRC names and shames two offshore tax avoidance schemes

2y Sam Alberti

HMRC names and shames two offshore tax avoidance s...

The two Belize-based schemes were "cynically marketed", a HMRC official said Read More...

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Market split on harsher treatment for tax avoiders
Contracting

Market split on harsher treatment for tax avoiders

2y Sam Alberti

Market split on harsher treatment for tax avoiders

A new HMRC consultation will assess whether to criminalise the failure to comply with a Stop Notice Read More...

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‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list
HMRC

‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list

2y Sam Alberti

‘Absurd’ loophole sees UK tax avoidance schemes re...

The Finance Act says that schemes can only be named and shamed for a year Read More...

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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

2y 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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HMRC ‘must shoulder blame’ for disguised remuneration schemes
HMRC

HMRC ‘must shoulder blame’ for disguised remuneration schemes

2y 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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“Damning” report highlights IR35 non-compliance in public sector
HMRC

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

3y 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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HMRC takes “more aggressive” approach as transfer pricing investigations soar
Tax Avoidance

HMRC takes “more aggressive” approach as transfer pricing investigations so...

3y Sam Alberti

HMRC takes “more aggressive” approach as transfer ...

Increased scrutiny of corporate profit shifting by HMRC generates its record rise in transfer pricing tax yield Read More...

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Accountancy firms urged to help tackle umbrella company fraud
Tax

Accountancy firms urged to help tackle umbrella company fraud

4y Rob Griffin

Accountancy firms urged to help tackle umbrella co...

Experts believe action plans are needed to tackle rising umbrella company fraud Read More...

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HMRC must "rebuild the trust" of taxpayers after Loan Charge failings
HMRC

HMRC must "rebuild the trust" of taxpayers after Loan Charge failings

4y Sam Alberti

HMRC must "rebuild the trust" of taxpayers after L...

Government’s "misunderstanding" of how contracting works led to misinterpret "accidental" tax avoidance, critics say Read More...

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What accountants need to know about AML
Practice Regulation

What accountants need to know about AML

4y Ed Molyneux

What accountants need to know about AML

Money laundering is a growing concern for businesses and governments around the world. Accountants play a crucial role in preventing money laundering ...

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EU’s tax irregularities attract international attention
Tax Avoidance

EU’s tax irregularities attract international attention

4y Leanna Reeves

EU’s tax irregularities attract international atte...

Need to bolster national coffers leads to OECD scrutiny Read More...

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Multinational tax under consideration hits record high
Corporate Tax

Multinational tax under consideration hits record high

5y Shannon Moyer

Multinational tax under consideration hits record ...

Professionals from the Chartered Institute of Taxation and Fitzgerald & Law weigh in on the impact of tax under consideration and the diverted profits...

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OECD forum’s head of secretariat welcomes tax battle progress
Tax Avoidance

OECD forum’s head of secretariat welcomes tax battle progress

5y Leanna Reeves

OECD forum’s head of secretariat welcomes tax batt...

The international body highlights the success of automatic exchange in fight against tax evasion Read More...

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Q&A: McDermott Will & Emery partner assesses updates in DST talks
Tax

Q&A: McDermott Will & Emery partner assesses updates in DST talks

5y Leanna Reeves

Q&A: McDermott Will & Emery partner assesses updat...

Partner at international law firm discusses DST negotiations and US trade agreements Read More...

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Q&A: Liquidating a multi-billion dollar Ponzi scheme
Career

Q&A: Liquidating a multi-billion dollar Ponzi scheme

5y Jeremy Chan

Q&A: Liquidating a multi-billion dollar Ponzi sche...

Forensic accountant talks Allen Stanford, litigation, and the future of accountancy Read More...

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India to become latest in Asia’s invoicing system overhaul
Tax

India to become latest in Asia’s invoicing system overhaul

5y Leanna Reeves

India to become latest in Asia’s invoicing system ...

Aimed at tackling evasion, India’s new e-invoicing system is the latest in a line of similar programmes across Asia Read More...

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OECD director: Agreement on digital services tax underway
Tax

OECD director: Agreement on digital services tax underway

5y Leanna Reeves

OECD director: Agreement on digital services tax u...

As the US trade war deviated towards Europe, taxing the digital economy has become a difficult task for international leaders, but new negotiations ar...

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Accounting fraud in the UK: How recent scandals are impacting practices
Audit

Accounting fraud in the UK: How recent scandals are impacting practices

5y Victoria Pavlova

Accounting fraud in the UK: How recent scandals ar...

UK accounting industry under scrutiny after recent fraud scandals at Patisserie Valerie and Carillion Read More...

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The most tax efficient way to celebrate Christmas in your company
People Business

The most tax efficient way to celebrate Christmas in your company

5y James Foster

The most tax efficient way to celebrate Christmas ...

James Foster, SJD Accountancy explores options around Christmas party expenses and what companies can claim based on ‘staff expenses’. Read More...

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French Digital Service Tax: A model for Brexiters? Part 2
Corporate Tax

French Digital Service Tax: A model for Brexiters? Part 2

5y Emmanuelle Deglaire and Marie-Charlotte Alary

French Digital Service Tax: A model for Brexiters?...

Emmanuelle Deglaire, Associate Professor & Member of the Legal EDHEC research centre and Marie-Charlotte Alary, LL.M. EDHEC Business School/EBS Univer...

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French Digital Services Tax: a model for Brexiters? Part 1
Corporate Tax

French Digital Services Tax: a model for Brexiters? Part 1

5y Emmanuelle Deglaire and Marie-Charlotte Alary

French Digital Services Tax: a model for Brexiters...

Emmanuelle Deglaire, Associate Professor & Member of the Legal EDHEC research centre and Marie-Charlotte Alary, LL.M. EDHEC Business School/EBS Univer...

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