A taxpayer who had always paid tax at source under PAYE and submitted unsolicited tax returns in an attempt to address overpayments, has lost an appeal at tax tribunal over HMRC’s refusal to accept the returns
— Read on www.accountancydaily.co/ftt-rejects-taxpayers-appeal-over-unsolicited-tax-returns
Software developers using the live MTD for VAT filing mechanism have encountered inexplicable errors in the data being returned by HMRC’s systems.
— Read on www.accountingweb.co.uk/tax/business-tax/mtd-for-vat-snags-add-to-developers-frustration
On 5 April 2019, the loan charge will be imposed on up to 50,000 taxpayers who have been unable to arrange to pay tax due on loans which are now recategoris
— Read on www.accountingweb.co.uk/tax/hmrc-policy/the-loan-charge-pantomime
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
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
Drawing on his insights as an amateur football referee and tax lecturer, Mike T
— Read on www.accountingweb.co.uk/tax/hmrc-policy/self-employed-referees-secure-big-tribunal-victory