Impact of interest rates on businesses will become more visible over the next year, say experts
Business

Impact of interest rates on businesses will become more visible over the ne...

1y Greg Noble

Impact of interest rates on businesses will become...

The Bank of England increased interest rates to 5.25% in August, the highest it has been in 15 years Read More...

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IR35 double taxation removal could be ‘huge moment’
Contracting

IR35 double taxation removal could be ‘huge moment’

1y Greg Noble

IR35 double taxation removal could be ‘huge moment...

In April 2023, HMRC launched a consultation on the IR35 off-payroll working rules, with the prospect of eradicating the double taxation problem Read M...

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Duality of purpose: Social media blurs the lines
Personal Tax

Duality of purpose: Social media blurs the lines

1y 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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HMRC must demonstrate commitment to umbrella company regulation, experts say
HMRC

HMRC must demonstrate commitment to umbrella company regulation, experts sa...

1y Sam Alberti

HMRC must demonstrate commitment to umbrella compa...

The tax office’s compliance activity has been described as “practically non-existent” Read More...

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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

1y 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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HMRC has effectively ‘banned’ outside IR35 contractors amid customer service woes
Contracting

HMRC has effectively ‘banned’ outside IR35 contractors amid customer servic...

1y Greg Noble

HMRC has effectively ‘banned’ outside IR35 contrac...

The tax authority disclosed that it had not hired any contractors outside the scope of the IR35 legislation between 2022 and 2023 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

1y 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

1y 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?

1y 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...

1y 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'

1y 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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Significant work required by government to gain trust of businesses again, experts says
Business

Significant work required by government to gain trust of businesses again, ...

1y Greg Noble

Significant work required by government to gain tr...

The Office for National Statistics reported that inflation in the UK dropped to 7.9% in June Read More...

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HMRC ‘suppresses growth’ by avoiding contractors outside IR35 in last year
Contracting

HMRC ‘suppresses growth’ by avoiding contractors outside IR35 in last year

1y Greg Noble

HMRC ‘suppresses growth’ by avoiding contractors o...

HMRC revealed that it had not recruited any contractors outside the scope of the IR35 legislation in the last year Read More...

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Tory MP: IR35 has become ‘Frankenstein’s monster’
Contracting

Tory MP: IR35 has become ‘Frankenstein’s monster’

1y Sam Alberti

Tory MP: IR35 has become ‘Frankenstein’s monster’

According to the senior Conservative, the Tory party must have one eye on the next general election in deciding the future of the off-payroll working ...

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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...

1y 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

1y 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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Business owners need certainty to encourage them to retain UK businesses, experts say
Business

Business owners need certainty to encourage them to retain UK businesses, e...

1y Greg Noble

Business owners need certainty to encourage them t...

23% of business owners having hastened their plans to either sell or wind down their businesses 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

1y 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...

1y 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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Economy update: Storm clouds gathering despite Q1 growth
Business

Economy update: Storm clouds gathering despite Q1 growth

1y Jonathan Ashworth , Chief economist, ACCA

Economy update: Storm clouds gathering despite Q1 ...

Jonathan Ashworth, ACCA's chief economist, outlines why the UK economy faces challenges as inflation rises and risks intensify Read More...

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HMRC to appeal Gary Lineker IR35 case
HMRC

HMRC to appeal Gary Lineker IR35 case

2y 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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How generative artificial intelligence can ease the mounting pressures on tax teams
Technology

How generative artificial intelligence can ease the mounting pressures on t...

2y Rob Griffin

How generative artificial intelligence can ease th...

ChatGPT and other generative AI solutions will soon become commonplace, argues Russell Gammon of Tax Systems Read More...

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Understanding the new R&D regulations: cloud computing, data license and pure mathematics
Cloud

Understanding the new R&D regulations: cloud computing, data license and pu...

2y Duncan Edwards , Incentives and reliefs senior manager, Markel Tax

Understanding the new R&D regulations: cloud compu...

Duncan Edwards, Incentives and Reliefs Senior Manager at Markel Tax, explains the motivations behind the recent changes to the R&D regime Read More...

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Government execution of MTD ‘out of control’ as costs spiral
HMRC

Government execution of MTD ‘out of control’ as costs spiral

2y Sam Alberti

Government execution of MTD ‘out of control’ as co...

The regime's total cost is now thought to be five times the original forecast Read More...

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Calls for overhaul of UK tax system ‘long overdue’
Tax

Calls for overhaul of UK tax system ‘long overdue’

2y Greg Noble

Calls for overhaul of UK tax system ‘long overdue’

The Chancellor's choice to dissolve the OTS runs the risk of conveying that it is not a priority for the Government Read More...

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Labour’s private equity tax raid would ‘substantially weaken’ UK PLC, experts say
Politics

Labour’s private equity tax raid would ‘substantially weaken’ UK PLC, exper...

2y Sam Alberti

Labour’s private equity tax raid would ‘substantia...

Fresh analysis suggests that HMRC is missing out on around £600m per year due to the carried interest loophole Read More...

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HMRC set to close self-assessment helpline for three months
HMRC

HMRC set to close self-assessment helpline for three months

2y Sam Alberti

HMRC set to close self-assessment helpline for thr...

The closure is intended to reduce the burden on HMRC phone lines and prioritise 'urgent' cases Read More...

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