Boris Johnson has proposed to raise the 40p tax from £50,000 to £80,000 in his bid to become the next Tory leader – and the accountancy industry...
View articleHelen Thornley, Technical Officer at ATT, explains how joint assets owned by a couple can be treated for tax purposes Read More...
View articleThe ruling, relating to the employment status of plumber Gary Smith, will have wide implications for the gig economy and the rights of independent con...
View articleThe report states the current system “manages the uniquely bad twin feat of being both wildly unpopular and raising very little revenue" and proposes ...
View articleRecently, the government issued a call for evidence on rent-a-room relief and is now analysing responses to the consultation. What did a joint survey ...
View articleFollowing the Chancellor calling for a review into IHT, industry experts call for examination of the residence nil rate band, taper relief and taxing ...
View articleThe Low Income Tax Reform Group believes the government should have included tax initiatives in its plans for disabled people and employment Read More...
View articleThe Upper Tribunal has rejected an appeal from HMRC in a case relating to the taxation of termination payments made to football player employees of To...
View articleThe Low Incomes Tax Reform Group (LITRG) has urged HMRC to clarify changes around income allowances that will come into force next year to prevent con...
View articleAlthough the concept of a £1,000 tax-free allowance sounds very simple, there are a number of complexities of which taxpayers and advisers need to be ...
View articleThe research looked at Labour’s 2017 election manifesto proposals to raise the upper tax rates and found it would not necessarily generate more tax re...
View articleThe regime aims to attract investment to Italy by offering newly tax resident individuals a yearly substitute tax of €100,000 on foreign-sourced incom...
View articleWhile supportive of suggestions to afford gig economy workers more rights and protections, industry reaction suggests more tax reform is needed for me...
View articleThe findings of the Taylor Review have now been published, closely looking at employment law, employment tax and how current regulations should adapt ...
View articleIn 2012, HMRC made 591 requests to foreign governments. In 2016, this number stood at 1096, a 7% increase on 1025 requests made in 2015 Read More...
View articleThe Supreme Court rules in favour of HMRC in a tax case relating to the remuneration of Rangers Football Club employees through an employee benefit tr...
View articleHMRC collected a record £5.1bn in inheritance tax in the year June 2016 to May 2017, according to private client law firm Wilsons Read More...
View articleThe system of late submission and late payment penalties is due to go into effect in April 2019 after a year-long grace period Read More...
View articleWhat policies should the new government place at the top of their agenda for the accounting industry? Making Tax Digital, IR35 and late payments are a...
View articleInheritance tax relief increased by 16% last year to £880m, compared to £760m in the previous year. The amount is significantly higher than the £420m ...
View articleFollowing recent issues with HMRC’s personal tax computation software, Brian Palmer of the AAT questions whether the government’s implementation timef...
View articleThe first phase of a process to restrict the amount of tax relief for residential landlords to the basic rate of tax will enter into force on April 6 ...
View articleRichard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attrac...
View articleThe firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of ...
View articleLegislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' ...
View articleFollowing chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals Read More...
View articleWelcome to our live blog for Spring Budget 2017. Follow our Budget coverage throughout the day, including expert analysis and opinion on the key issue...
View article