In a case involving plant embedded in a commercial building, HMRC tried to apply the new capital allowances rules to a transaction which pre-dated their int
— Read on www.accountingweb.co.uk/tax/business-tax/capital-allowances-hmrc-applied-wrong-version-of-the-law
Julie Cameron discusses how the Rupert Grint case provides an important reminder of the care needed when making in a change of accounting date.Poor
— Read on www.accountingweb.co.uk/tax/personal-tax/change-of-accounting-date-spells-disaster-for-harry-potter-actor
After a two-year battle off the pitch, Middlesbrough FC won the right to pay staff less than the minimum wage when factoring in the cost of their season tic
— Read on www.accountingweb.co.uk/business/finance-strategy/tribunal-boots-out-hmrc-claim-football-club-broke-minimum-wage-laws
Ministers were last night accused of sneaking through a stealth ‘death tax’ that will hit grieving families with bills of up to £6,000 if they wish to secure legal control of a deceased person’s estate.
— Read on www.dailymail.co.uk/news/article-6680473/amp/Fury-sneaky-6-000-death-tax-set-hit-300-000-families.html
FSB: It’s right to review what could ruin the self-employed, ‘retrospective’ or not.
— Read on www.contractoruk.com/news/0013956small_business_group_backs_2019_loan_charge_review.html
As we approach the go-live date for MTD for VAT, there has been an acceleration in new or revised HMRC guidance and procedures – three developments h
— Read on www.accountingweb.co.uk/tax/hmrc-policy/mtd-changes-to-hmrc-guidance-and-procedure
As we hit the busiest 10 days for filing tax returns, HMRC’s computer is experiencing systems errors, spewing out incorrect penalties and wiping some tax
— Read on www.accountingweb.co.uk/tax/hmrc-policy/hmrc-computer-errors-cause-tax-return-grief
‘The April charge is the sort of taxation that led to the birth of the Magna Carta.’
— Read on www.contractoruk.com/news/0013935mps_brand_2019_loan_charge_unacceptable.html
For years we have been irritated by HMRC insisting that all directors must register for self assessment, even if they have no tax to pay. Now HMRC has chang
— Read on www.accountingweb.co.uk/tax/hmrc-policy/hmrc-changes-guidance-for-directors-returns
The Treasury has been forced to agree to review its controversial 2019 loan charge proposals, which are designed to tackle disguised remuneration, by the end of March after a cross-party group of MPs were successful in pushing through an amendment to the Finance Bill
— Read on www.accountancydaily.co/treasury-review-2019-loan-charge