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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Total UK R&D claim value falls for the first time ever
R&D

Total UK R&D claim value falls for the first time ever

4y Sam Alberti

Total UK R&D claim value falls for the first time ...

Meanwhile, an uptick in the number of claims appears to show an innovation investment slump 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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Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts
Big Four

Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

4y Rebecca Whittaker

Q&A: KPMG head of tax policy discusses ‘levelling ...

Head of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...

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Will new PM Liz Truss deliver on her tax cut promises, experts ask
Tax

Will new PM Liz Truss deliver on her tax cut promises, experts ask

4y Rebecca Whittaker

Will new PM Liz Truss deliver on her tax cut promi...

New Prime Minister Liz Truss must review IR35 rules and support SMEs, business leaders and tax experts say Read More...

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Tax experts call on PM’s successor to make “vital” improvements to tax system
Tax

Tax experts call on PM’s successor to make “vital” improvements to tax syst...

4y Rebecca Whittaker

Tax experts call on PM’s successor to make “vital”...

President of the Chartered Institute of Taxation says HMRC’s performance standards are ‘falling short’, reinforcing the need for reformed digitalisati...

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IR35 action “must not be lip service” for future PM
Business

IR35 action “must not be lip service” for future PM

4y Sam Alberti

IR35 action “must not be lip service” for future P...

The prospect of reform is welcome, but must be taken with a pinch of salt, sources say Read More...

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SMEs can “extend runway” with R&D regime changes
R&D

SMEs can “extend runway” with R&D regime changes

4y Sam Alberti

SMEs can “extend runway” with R&D regime changes

Proposed reforms to the UK’s R&D tax regime could see a clamp down on “opportunistic advisers” Read More...

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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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HMRC suspects big firms of underpaying £1.4bn in employment taxes through IR35 rules
Tax

HMRC suspects big firms of underpaying £1.4bn in employment taxes through I...

4y Rebecca Whittaker

HMRC suspects big firms of underpaying £1.4bn in e...

HMRC intends to crack down on both self-employed workers and those who are paid through a personal service company (PSC) Read More...

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Boris Johnson’s successor must make SME support an “immediate priority”
Business

Boris Johnson’s successor must make SME support an “immediate priority”

4y Rebecca Whittaker and Sam Alberti

Boris Johnson’s successor must make SME support an...

While Rishi Sunak stands firm on his “sound money” values, appealing to the interests of businesses could be the route to the top job, experts argue R...

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UK R&D criteria to be tightened in system overhaul
Business

UK R&D criteria to be tightened in system overhaul

4y Sam Alberti

UK R&D criteria to be tightened in system overhaul

New government proposals see scope widen in some areas but narrow in others Read More...

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Accounting watchdog fines Laura Ashley auditor over “serious” breaches
Administration

Accounting watchdog fines Laura Ashley auditor over “serious” breaches

4y Rebecca Whittaker

Accounting watchdog fines Laura Ashley auditor ove...

UHY Hacker Young and audit engagement partner Martin Jones face fines of more than £300,00 following Laura Ashley audit breaches. Read More...

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The trials of residential property reporting
Personal Tax

The trials of residential property reporting

4y Helen Thornley

The trials of residential property reporting

It’s been over two years since the introduction of so called ’60-day’ (originally 30-day) reporting. These rules represent a major change in the natur...

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How super is the super-deduction?
Business

How super is the super-deduction?

4y Natasha Spicer

How super is the super-deduction?

Regardless of how effective the super-deduction has been in incentivising investment and boosting productivity, economists and tax professionals alike...

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Plastic Packaging Tax: Applying it for your clients
ESG

Plastic Packaging Tax: Applying it for your clients

4y Institute of Financial Account...

Plastic Packaging Tax: Applying it for your client...

With the Plastic Packaging Tax (PPT) having come into force on April 1, affecting manufacturers and plastic packaging importers, John Edwards, CEO of ...

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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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UK will lose world-leading corporation tax status with impending hike, study finds
Corporate Tax

UK will lose world-leading corporation tax status with impending hike, stud...

4y Sam Alberti

UK will lose world-leading corporation tax status ...

The “dramatic” increase may spur similar action in other jurisdictions, according to one expert Read More...

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Major spike in bogus R&D claims highlights ‘challenge’ for HMRC, experts say
Tax

Major spike in bogus R&D claims highlights ‘challenge’ for HMRC, experts sa...

4y Sam Alberti

Major spike in bogus R&D claims highlights ‘challe...

Forthcoming government changes will seek to tighten the regime to foster a “new culture of enterprise” Read More...

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Shock tax bills part of HMRC plan to “kill” contracting
Tax

Shock tax bills part of HMRC plan to “kill” contracting

4y Sam Alberti

Shock tax bills part of HMRC plan to “kill” contra...

HMRC’s latest compliance crackdown could set a damning precedent for the contracting industry, market participants say Read More...

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Online sales tax: A new tax for the digital age?
Corporate Tax

Online sales tax: A new tax for the digital age?

4y Emma Rawson

Online sales tax: A new tax for the digital age?

ATT technical officer, Emma Rawson, looks at a recently published consultation considering whether the UK should introduce an online sales tax, and wh...

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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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Outsource your R&D tax relief services and “offload the risk”
Tax

Outsource your R&D tax relief services and “offload the risk”

4y Sam Alberti

Outsource your R&D tax relief services and “offloa...

Firms should consider outsourcing R&D tax relief services to offload risk without sacrificing profit Read More...

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Q&A: Tilney Smith & Williamson on tax and cryptoassets
Tax

Q&A: Tilney Smith & Williamson on tax and cryptoassets

4y Sam Alberti

Q&A: Tilney Smith & Williamson on tax and cryptoas...

Accountancy Age spoke with associate director of tax at Tilney Smith & Williamson, James Carn, who outlined the unruly cryptoasset tax landscape and w...

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Addressing the challenges of MTD for VAT
MTD

Addressing the challenges of MTD for VAT

4y Prashant Ganti

Addressing the challenges of MTD for VAT

With Making Tax Digital for VAT changes due in April, Zoho’s Prashant Ganti discusses and addresses the challenges with these new measures Read More...

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Spring Statement: R&D tax credits to be reformed in the UK
Budget

Spring Statement: R&D tax credits to be reformed in the UK

4y Sam Alberti

Spring Statement: R&D tax credits to be reformed i...

Widening the scope of the scheme will help the UK become a “science superpower”, according to Chancellor Rishi Sunak Read More...

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HMRC seeks views on changes to self-assessment registration
Personal Tax

HMRC seeks views on changes to self-assessment registration

4y Helen Thornley

HMRC seeks views on changes to self-assessment reg...

Are taxpayers aware of their self-assessment obligations before they come to you? In a consultation due to close shortly, HMRC is looking at whether t...

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