IASC approves revised income tax standard
Personal Tax

IASC approves revised income tax standard

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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...

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

Revenue's self-assessment policy hits small business

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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...

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VAT diktat poised for High Court challenge
Personal Tax

VAT diktat poised for High Court challenge

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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...

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Hotline aims to catch construction fraudsters
Personal Tax

Hotline aims to catch construction fraudsters

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Hotline aims to catch construction fraudsters

Fraudulent builders are the target of a new hotline opened by Customs & Excise today. Customs are inviting the public to phone in to its two const...

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Small firms v inspectors
Personal Tax

Small firms v inspectors

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Small firms v inspectors

Inland Revenue inspectors may single out the clients of small-to-medium firms for investigation under the new self-assessment rules, according to Mark...

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Tax experts attack PILONS clarification
Personal Tax

Tax experts attack PILONS clarification

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Tax experts attack PILONS clarification

The long-awaited clarification of the Inland Revenue’s treatment of termination payments has been criticised by tax experts. The Revenue’s...

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Tax experts warn of PAYE headaches
Personal Tax

Tax experts warn of PAYE headaches

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Tax experts warn of PAYE headaches

The confusion caused by the PAYE settlement agreement system may make it less attractive to employers, say tax experts. The new Inland Revenue system ...

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Party political tax war hots up
Personal Tax

Party political tax war hots up

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Party political tax war hots up

The tax ‘war’ between Labour and the Tories has intensified with a firm pledge from Prime Minister John Major of a basic 20p income tax ra...

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More help at hand for calculating tax returns
Personal Tax

More help at hand for calculating tax returns

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More help at hand for calculating tax returns

The Inland Revenue has signalled a major shift in its approach to self-assessment by promoting more widely the fact that it is willing to calculate ta...

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