Following criticism from the Public Accounts Committee (PAC), HMRC has initiated a specific football compliance project, with technical experts set to visit all English Premier League, Championship and Scottish Premier League clubs over a three-year period.
HM Revenue and Customs is hoping to capitalise on negative perception of companies that evade tax by launching a new hotline for the public to report fraud and evasion.
The government has recently added a further 29 UK-based museums and galleries, which offer free admission to the public, to the VAT refund scheme.
Following the intervention of the Treasury Select Committee an independent review into HMRC’s Making Tax Digital plans is set to clarify costs to business of quarterly tax reporting.
From the start of the new financial year on 1 April 2017 the VAT registration threshold increases from £83,000 to £85,000 and the deregistration threshold will rise to £83,000 from £81,000.
HM Revenue and Customs (HMRC) regularly publishes ‘spotlights’ about tax avoidance schemes that it believes are being used to avoid paying tax due. Here we take a look at a recent one on disguised remuneration: tax avoidance using annuities (Spotlight 35)
R&D tax relief exists to encourage investment in research, development and innovation by UK companies and not just those working with new technologies, which is a common misconception. Many businesses innovate within their own sectors and are missing out on tax refunds, tax savings or cash credits (for loss making companies). It’s not just about […]
As part of last week’s budget further changes were made to the POTAS rules to ensure promoters cannot use associated and successor entities to circumvent the legislation.
As TV star Martin Clunes has recently discovered, appealing to the First Tier Tribunal against an HMRC decision is daunting enough without having public scrutiny of not just your tax affairs but also your use of cosmetic procedures.
We’re often asked what difference we can make to clients settling tax strategies with HMRC given settlement terms are fixed. Here we take a look at a recent case the team managed which had a beneficial outcome for the client.