Accountants worry that advice they give goes beyond skillset
Personal Tax

Accountants worry that advice they give goes beyond skillset

10y Fraser Simpson

Accountants worry that advice they give goes beyon...

Nearly half of accountants expect their relationship with independent financial advisers to increase because of the high demand for financial advice R...

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Budget 2016: More HMRC staff and £71m promised to boost digital tax roll-out
Corporate Tax

Budget 2016: More HMRC staff and £71m promised to boost digital tax roll-ou...

10y Chris Warmoll , Writer

Budget 2016: More HMRC staff and £71m promised to ...

Promise to improve existing telephone services and slash call waiting times by recruiting 800 new call centre staff Read More...

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Budget 2016: Personal tax roundup
Personal Tax

Budget 2016: Personal tax roundup

10y Calum Fuller , Reporter

Budget 2016: Personal tax roundup

Entrepreneur's relief, lifetime ISAs and Class 2 NICs: All appeared on the chancellor's radar in the Budget 2016 Read More...

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Budget 2016: Corbyn slams Budget as failure with "unfairness at its core"
Corporate Tax

Budget 2016: Corbyn slams Budget as failure with "unfairness at its core"

10y Chris Warmoll , Writer

Budget 2016: Corbyn slams Budget as failure with "...

Labout leader launches broadside at Osborne legacy of less for the less well off, and tax cuts for big business Read More...

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Live Blog: Budget 2016
Corporate Tax

Live Blog: Budget 2016

10y Accountancy Age

Live Blog: Budget 2016

Welcome to our live blog of the Budget 2016 Read More

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Banks’ £135m tax avoidance scheme shutdown by authorities
Corporate Tax

Banks’ £135m tax avoidance scheme shutdown by authorities

10y Fraser Simpson

Banks’ £135m tax avoidance scheme shutdown by auth...

HMRC terminates bonus scheme used by major banks to avoid PAYE and NIC payments, and is now on the hunt for an additional £30m in avoided tax Read Mor...

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HMRC focuses on self-employed with Making Tax Digital video
Corporate Tax

HMRC focuses on self-employed with Making Tax Digital video

10y Fraser Simpson

HMRC focuses on self-employed with Making Tax Digi...

The taxman has released a new video on its YouTube channel on their digital transformation project Read More...

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Money launderer jailed after HMRC probe
Personal Tax

Money launderer jailed after HMRC probe

10y Fraser Simpson

Money launderer jailed after HMRC probe

The Bradford-based man, who has links to money laundering gangs, has been sentenced to 23 months in prison Read More...

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Tax code complexity could damage economy, warns think tank
Corporate Tax

Tax code complexity could damage economy, warns think tank

10y Fraser Simpson

Tax code complexity could damage economy, warns th...

UK tax code is 12 times longer than King James Bible, and its intricacy encourages tax avoidance, a new report has found Read More...

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Friday Afternoon Live: Mandatory audit rotation, digital tax and consulting
Audit

Friday Afternoon Live: Mandatory audit rotation, digital tax and consulting

10y Accountancy Age

Friday Afternoon Live: Mandatory audit rotation, d...

Kevin Reed discusses the week's news Read More...

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House of Lords slams ‘inadequate’ HMRC in Finance Bill inquiry
Corporate Tax

House of Lords slams ‘inadequate’ HMRC in Finance Bill inquiry

10y Fraser Simpson

House of Lords slams ‘inadequate’ HMRC in Finance ...

House of Lords Economic Affairs Committee says HMRC needs to communicate impending tax changes to the public more clearly and effectively Read More...

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£8bn haul sees MPs urge for income tax cuts
Personal Tax

£8bn haul sees MPs urge for income tax cuts

10y Fraser Simpson

£8bn haul sees MPs urge for income tax cuts

Income tax receipts from highest earners up £8bn between 2013 and 2014, the first year in which the rate was slashed from 50p to 45p, HMRC stats revea...

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Taxpayers to 'save' £30m in inheritance tax relief
Personal Tax

Taxpayers to 'save' £30m in inheritance tax relief

10y Chris Warmoll , Writer

Taxpayers to 'save' £30m in inheritance tax relief

City law firm warns inheritance tax relief could be disallowed by HMRC in certain situations Read More...

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HMRC: 'Persuasive promoters' lure taxpayers into avoidance schemes
Personal Tax

HMRC: 'Persuasive promoters' lure taxpayers into avoidance schemes

10y Fraser Simpson

HMRC: 'Persuasive promoters' lure taxpayers into a...

The taxman conducted 20 interviews with previous scheme users to gain an insight into why people enter into tax avoidance agreements Read More...

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LITRG urges government to delay NI changes
Corporate Tax

LITRG urges government to delay NI changes

10y Fraser Simpson

LITRG urges government to delay NI changes

LITRG asks government to delay changes to NICs for the self-employed until OTS publishes its recommendations on merging NI and income tax Read More...

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SMEs set to take advantage of dividend pay-outs
Personal Tax

SMEs set to take advantage of dividend pay-outs

10y Fraser Simpson

SMEs set to take advantage of dividend pay-outs

Over a quarter of the UK’s five million SME owners plan to pay themselves a special dividend before the government raises the tax rate later this year...

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HMRC sees high ROI from investigations into UK’s wealthiest
Administration

HMRC sees high ROI from investigations into UK’s wealthiest

10y Fraser Simpson

HMRC sees high ROI from investigations into UK’s w...

Investigations into the UK’s 6000 richest individuals now yielding nearly £30 for every £1 invested Read More...

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Advisers supportive of new Digital Disclosure Service
Personal Tax

Advisers supportive of new Digital Disclosure Service

10y Fraser Simpson

Advisers supportive of new Digital Disclosure Serv...

The online platform will become available from April 2016, enabling taxpayers to disclose their financial irregularities Read More...

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Taxman seizes over £2bn from accelerated payments
Administration

Taxman seizes over £2bn from accelerated payments

10y Fraser Simpson

Taxman seizes over £2bn from accelerated payments

HMRC issues 3,000 APNs every month and expects to claim £5bn in payments by 2020 Read More...

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HMRC condemns Growth Securities Ownerships Plan
Accounting Firms

HMRC condemns Growth Securities Ownerships Plan

10y Fraser Simpson

HMRC condemns Growth Securities Ownerships Plan

HMRC warns companies away from tax avoidance scheme seven years after it was introduced Read More...

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Claims management group Rebus falls into administration
Corporate Tax

Claims management group Rebus falls into administration

10y Fraser Simpson

Claims management group Rebus falls into administr...

The business raised more than £800,000 on Crowdcube last year, making it one of the biggest breakdowns involving a crowdfunded company Read More...

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Majority of tax payers file self-assessment returns online
Administration

Majority of tax payers file self-assessment returns online

10y Fraser Simpson

Majority of tax payers file self-assessment return...

Around nine in ten tax payers use HMRC's online self-assessment service to calculate and pay the tax they owe Read More...

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HMRC wins ‘goodwill payments' tax battle against Smith & Williamson
Accounting Firms

HMRC wins ‘goodwill payments' tax battle against Smith & Williamson

11y Fraser Simpson

HMRC wins ‘goodwill payments' tax battle against S...

HMRC appeal against investment management group Smith & Williamson over treatment of ‘goodwill payments' upheld Read More...

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Friday Afternoon Live: IFRS lease accounting and Dame Lin Homer's departure from HMRC
Accounting Standards

Friday Afternoon Live: IFRS lease accounting and Dame Lin Homer's departure...

11y Accountancy Age

Friday Afternoon Live: IFRS lease accounting and D...

Now Contentive's head of editorial, Kevin Reed discusses the week's news Read More...

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HMRC services remain a major problem and must improve, claims ICAEW
Accounting Standards

HMRC services remain a major problem and must improve, claims ICAEW

11y Calum Fuller , Reporter

HMRC services remain a major problem and must impr...

ICAEW members increasingly concerned over HMRC service levels, survey finds Read More...

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Parliament to debate digital tax accounts this month
Administration

Parliament to debate digital tax accounts this month

11y Calum Fuller , Reporter

Parliament to debate digital tax accounts this mon...

Introduction of quarterly digital tax accounts for small businesses and self-employed gets parliamentary hearing Read More...

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2020 Vision: Advisers and clients ingrained into 31 Jan deadline
People In Practice

2020 Vision: Advisers and clients ingrained into 31 Jan deadline

11y Accountancy Age

2020 Vision: Advisers and clients ingrained into 3...

Despite the myriad of reasons for advisers and clients to break out of the January gloom that is filing season, the will has to be there to make the c...

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