HMRC issues second warning to crypto users
Personal Tax

HMRC issues second warning to crypto users

3y 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

3y 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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What to expect in 2024 (it's not just AI!)
Business

What to expect in 2024 (it's not just AI!)

3y Rachael Kennedy

What to expect in 2024 (it's not just AI!)

The accountancy market in the UK is on the brink of transformation in 2024. As technology continues to advance and the business landscape evolves, acc...

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Is consolidation the answer to the UK’s R&D advisory problem?
HMRC

Is consolidation the answer to the UK’s R&D advisory problem?

3y Rachael Kennedy

Is consolidation the answer to the UK’s R&D adviso...

Amidst rising fraud and complexity, the consolidation of the UK’s R&D advisory market could be the key to unlocking reliable, efficient, and compliant...

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Phil Thompson loses IR35 case
HMRC

Phil Thompson loses IR35 case

3y Accountancy Age

Phil Thompson loses IR35 case

The recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...

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What should accountants take away from Amazon's $270 million tax win?
Business

What should accountants take away from Amazon's $270 million tax win?

3y Accountancy Age

What should accountants take away from Amazon's $2...

Accountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...

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Sunak employs Thatcher-like tactics with taxation shift
Corporate Tax

Sunak employs Thatcher-like tactics with taxation shift

3y Accountancy Age

Sunak employs Thatcher-like tactics with taxation ...

As the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...

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New HMRC tax rules set to impact online sellers
HMRC

New HMRC tax rules set to impact online sellers

3y Rachael Kennedy

New HMRC tax rules set to impact online sellers

From January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...

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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

3y 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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Kaye Adams defeat of HMRC should set IR35 precedent
Brexit & Economy

Kaye Adams defeat of HMRC should set IR35 precedent

3y Accountancy Age

Kaye Adams defeat of HMRC should set IR35 preceden...

Landmark victory for UK freelancers as media Presenter Kaye Adams wins nine-year IR35 case against HMRC Read More...

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HMRC launches campaign targeting crypto tax evaders
Digital assets

HMRC launches campaign targeting crypto tax evaders

3y Accountancy Age

HMRC launches campaign targeting crypto tax evader...

It is essential for crypto asset owners to take advantage of the new disclosure facility and seek specialist advice when necessary Read More...

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HMRC's new taxation rules for freelancers will mean significant adjustments
HMRC

HMRC's new taxation rules for freelancers will mean significant adjustments

3y Accountancy Age

HMRC's new taxation rules for freelancers will mea...

Navigate the complexities of HMRC's new tax rules for freelancers and partnerships with our in-depth analysis of the upcoming changes for the 2024-25 ...

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Significant tax changes in Autumn Statement could be viewed ‘negatively’ by businesses
Budget

Significant tax changes in Autumn Statement could be viewed ‘negatively’ by...

3y Greg Noble

Significant tax changes in Autumn Statement could ...

The cumulative corporation tax earnings from April to September reached £43.3 billion Read More...

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Can you claim expenses if you now work from home?
Tax

Can you claim expenses if you now work from home?

3y Daniel Tannenbaum

Can you claim expenses if you now work from home?

With more people in the UK working from home, the costs associated with remote working can start to add up and there are some real savings if you can ...

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Exploring the opportunities of Generative AI in corporate tax: trends, benefits, and challenges
Tax

Exploring the opportunities of Generative AI in corporate tax: trends, bene...

3y Liz Salecka

Exploring the opportunities of Generative AI in co...

Digitalisation is already having a major impact on the way companies run their tax departments and meet new, and ongoing changes, to tax regulations g...

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Duality of purpose: Social media blurs the lines
Personal Tax

Duality of purpose: Social media blurs the lines

3y Steven Pinhey , Technical officer, ATT

Duality of purpose: Social media blurs the lines

Steven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...

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EU VAT changes could still impact UK firms, experts warn
Regulation

EU VAT changes could still impact UK firms, experts warn

3y Rob Griffin

EU VAT changes could still impact UK firms, expert...

Businesses urged to prepare for next year’s regulatory overhaul. Read More...

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Overcoming tax compliance hurdles in an ever-changing regulatory landscape
Tax

Overcoming tax compliance hurdles in an ever-changing regulatory landscape

3y Liz Salecka

Overcoming tax compliance hurdles in an ever-chang...

Although indirect tax compliance is still a major headache for companies operating globally, some solutions can help their tax teams overcome many of ...

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HMRC scrutiny driving surge in R&D outsourcing, expert says
HMRC

HMRC scrutiny driving surge in R&D outsourcing, expert says

3y Sam Alberti

HMRC scrutiny driving surge in R&D outsourcing, ex...

Many have criticised the pace of change in the UK's R&D regime in recent years Read More...

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Self Assessment threshold change: Solution or problem?
HMRC

Self Assessment threshold change: Solution or problem?

3y David Wright , ATT technical officer

Self Assessment threshold change: Solution or prob...

ATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...

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EXCLUSIVE: HMRC ‘can't rush’ digital transformation amid customer service woes
HMRC

EXCLUSIVE: HMRC ‘can't rush’ digital transformation amid customer service w...

3y Greg Noble

EXCLUSIVE: HMRC ‘can't rush’ digital transformatio...

In an exclusive interview with Accountancy Age, HMRC’s Joanna Rowland says collaboration with industry stakeholders is becoming ‘invaluable’ to the de...

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The tax function is an 'evolving beast'
Big Four

The tax function is an 'evolving beast'

3y Greg Noble

The tax function is an 'evolving beast'

The ERP system has evolved from being the finance data house to a tool that can power more business decision-making Read More...

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The future of tax administration: how digitalisation is reshaping tax compliance
Tax

The future of tax administration: how digitalisation is reshaping tax compl...

3y Liz Salecka

The future of tax administration: how digitalisati...

As the digital revolution continues to reshape industries, the realm of tax administration is undergoing a profound transformation Read More...

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Tackling the cash basis conundrum
Contracting

Tackling the cash basis conundrum

3y Emma Rawson

Tackling the cash basis conundrum

ATT technical officer, Emma Rawson, looks at the pros and cons of the income tax cash basis and HMRC’s attempts to increase its take up Read More...

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Generative AI to play potentially ‘transformative’ role in tax
Business

Generative AI to play potentially ‘transformative’ role in tax

3y Sam Alberti

Generative AI to play potentially ‘transformative’...

The technology can go beyond clerical usage and assist with the delivery of advisory services, experts say Read More...

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Collecting customer data the main barrier to HMRC’s Single Customer Accounts, ICAEW says
HMRC

Collecting customer data the main barrier to HMRC’s Single Customer Account...

3y Greg Noble

Collecting customer data the main barrier to HMRC’...

HMRC believes its Single Customer Account (SCA) scheme, which is expected to be in place by 2025, will transform its digital service offering Read Mor...

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HMRC to appeal Gary Lineker IR35 case
HMRC

HMRC to appeal Gary Lineker IR35 case

3y Greg Noble

HMRC to appeal Gary Lineker IR35 case

Lineker won his case against HMRC over a £4.9m tax bill for income he earned from 2013 to 2014 and 2017 to 2018 Read More...

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