Customs upholds U-turn
Personal Tax

Customs upholds U-turn

30y newmedia newmedia

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...

View article
Pannells admits rent advice error
Personal Tax

Pannells admits rent advice error

30y newmedia newmedia

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&#...

View article
KPMG retains top spot for City audits
Personal Tax

KPMG retains top spot for City audits

30y newmedia newmedia

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...

View article
Get the latest analysis and reports delivered to your inbox daily
Taxpayers expect to lose in L&G tax rebate settlement
Personal Tax

Taxpayers expect to lose in L&G tax rebate settlement

30y newmedia newmedia

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....

View article
Government pledges to resolve LLP problem
Personal Tax

Government pledges to resolve LLP problem

30y newmedia newmedia

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...

View article
Experts urge reform of reinvestment relief on CGT
Personal Tax

Experts urge reform of reinvestment relief on CGT

30y newmedia newmedia

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...

View article
Share Incentives - Money for nothing?
Personal Tax

Share Incentives - Money for nothing?

30y newmedia newmedia

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...

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

CBI requests Chancellor to hack back tax by # 1bn

30y newmedia newmedia

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...

View article
Know your rights if you get the sack
Personal Tax

Know your rights if you get the sack

30y newmedia newmedia

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...

View article
Reuters advised to move against ACT
Personal Tax

Reuters advised to move against ACT

30y newmedia newmedia

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...

View article
Customs defends VAT repayment time limits
Personal Tax

Customs defends VAT repayment time limits

30y newmedia newmedia

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...

View article
Advisers demand more self-assessment guides
Personal Tax

Advisers demand more self-assessment guides

30y newmedia newmedia

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...

View article
Clark Whitehill teams up with ex-IR staff
Personal Tax

Clark Whitehill teams up with ex-IR staff

30y newmedia newmedia

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...

View article
New points system for tax investigators
Personal Tax

New points system for tax investigators

30y newmedia newmedia

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 &#...

View article
Customs and Revenue welcome morale boost
Personal Tax

Customs and Revenue welcome morale boost

30y newmedia newmedia

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 ...

View article
Green levy urged for energy market
Personal Tax

Green levy urged for energy market

30y newmedia newmedia

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...

View article
Jersey financial scandal is poised to ensnare Coopers
Personal Tax

Jersey financial scandal is poised to ensnare Coopers

30y newmedia newmedia

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...

View article
ACCA calls on Chancellor for greater pension relief
Personal Tax

ACCA calls on Chancellor for greater pension relief

30y newmedia newmedia

ACCA calls on Chancellor for greater pension relie...

More tax relief to encourage people to make pensions provisions should be introduced in November’s Budget, claims ACCA. The certifieds’ as...

View article
Changes to tax return welcomed
Personal Tax

Changes to tax return welcomed

30y newmedia newmedia

Changes to tax return welcomed

Tax accountants have welcomed the final draft of the Inland Revenue’s self-assessment tax return, unveiled earlier this week. The return has bee...

View article
#1bn savings on PRP dismissed as 'absurd'
Personal Tax

#1bn savings on PRP dismissed as 'absurd'

30y newmedia newmedia

#1bn savings on PRP dismissed as 'absurd'

Estimates that the Treasury could save as much as z1bn by restricting Income Tax relief on PRP schemes to the basic rate, have been dismissed as ̵...

View article
Big Six experts knock Labour plans on CGT
Personal Tax

Big Six experts knock Labour plans on CGT

30y newmedia newmedia

Big Six experts knock Labour plans on CGT

Labour’s plans for a two-tier capital gains tax need rethinking, experts claim. Designed to combat short-termism displayed by institutional inve...

View article
Customs moves on VAT dodgers
Personal Tax

Customs moves on VAT dodgers

30y newmedia newmedia

Customs moves on VAT dodgers

Black economy fraudsters are the target of new hit squads set up this summer by Customs & Excise. Customs has created six new teams, comprising 50...

View article
Give the non-domiciles a break
Personal Tax

Give the non-domiciles a break

30y newmedia newmedia

Give the non-domiciles a break

A Tony Blair government may abolish tax rules that favour wealthynon-domiciled individuals. If so, Patrick Stevens says, we should be told Read More...

View article
Reform is the surest way to guarantee tax simplification
Personal Tax

Reform is the surest way to guarantee tax simplification

30y newmedia newmedia

Reform is the surest way to guarantee tax simplifi...

The Revenue's proposals to rewrite tax laws may not satisfy business'concerns over tax complexity, argues Ian Barlow Read More...

View article
IASC approves revised income tax standard
Personal Tax

IASC approves revised income tax standard

30y newmedia newmedia

IASC approves revised income tax standard

The IASC, meeting in Barcelona this week, has approved the revised Standard on Income Tax, which will replace IAS12. The ASB has been vocal in its opp...

View article
Revenue's self-assessment policy hits small business
Personal Tax

Revenue's self-assessment policy hits small business

30y newmedia newmedia

Revenue's self-assessment policy hits small busine...

The Inland Revenue is discriminating against small businesses by denying them free information packs full of tips on how to help employees meet self-a...

View article
VAT diktat poised for High Court challenge
Personal Tax

VAT diktat poised for High Court challenge

30y newmedia newmedia

VAT diktat poised for High Court challenge

A High Court writ due to be lodged next week will provide the first legal test to Customs & Excise’s three-year limit on VAT claims. Leading...

View article