The upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleAccountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...
View articleAs the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...
View articleWill the absence of these clearances increases the risk of discovering tax liabilities after the dissolution of the company, leading to financial burd...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleLandmark victory for UK freelancers as media Presenter Kaye Adams wins nine-year IR35 case against HMRC Read More...
View articleIt is essential for crypto asset owners to take advantage of the new disclosure facility and seek specialist advice when necessary Read More...
View articleDiscover the critical aspects of end-of-year preparation for accountants managing limited company clients, from tax planning to compliance and effecti...
View articleNavigate 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 ...
View articleThe successful implementation of MTD depends on the government's ability to address the concerns raised by stakeholders and provide a transparent and ...
View articleJeremy Hunt has made it clear that his main priority is to continue to reduce inflation ahead of the next election Read More...
View articleSir John Redwood is advocating for Jeremy Hunt to include a series of “economical” tax reductions in his November 22 Autumn Statement Read More...
View articleThe cumulative corporation tax earnings from April to September reached £43.3 billion Read More...
View articleWith 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 ...
View articleAt the end of September, HMRC announced new restrictions to the Agent Dedicated Line (ADL). Helen Thornley, technical officer at the ATT, breaks down ...
View articleCGT receipts have increased by over 100% in the past five years and reached a record level of £18bn in the last year alone, and a further 18% increase...
View articleDigitalisation is already having a major impact on the way companies run their tax departments and meet new, and ongoing changes, to tax regulations g...
View articleThe UK's plan to digitalise the tax system is well underway Read More...
View articleThe most recent postponement marks the fifth time that MTD for ITSA has been pushed back from its initial target date of April 2018 Read More...
View articleThe proportion of telephone adviser attempts handled declined from 77.3% in 2021, to 71.1% - dropping further adrift of HMRC’s target of 85% Read More...
View articleThe Bank of England increased interest rates to 5.25% in August, the highest it has been in 15 years Read More...
View articleIn April 2023, HMRC launched a consultation on the IR35 off-payroll working rules, with the prospect of eradicating the double taxation problem Read M...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...
View articleThe tax office’s compliance activity has been described as “practically non-existent” Read More...
View articleBusinesses urged to prepare for next year’s regulatory overhaul. Read More...
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