Digital tax accounts

Tax / HMRC adds voice recognition to digital security features

HMRC is to add voice recognition to its options for taxpayers to confirm their identity to access its services, with the addition designed to speed up the security process

Tax / Buy-to-let taxation: quarterly reporting for landlords - part 2

In part two of our exclusive series on buy-to-let taxation, Cathy Corns, corporate tax partner at Mercer & Hole outlines HMRC's quarterly tax reporting requirement for landlords as part of Making Tax Digital, which is set to come into force from April 2018

Tax / HMRC plans ‘year-long’ Making Tax Digital pilot

HMRC has confirmed plans to undertake a year-long pilot of Making Tax Digital for ‘hundreds of thousands’ of taxpayers following criticism at the hands of MPs in the Treasury Committee

Tax / Five-year tax break for digital cable suppliers

Telecoms network suppliers are to be offered a £60m tax break for creating new infrastructure for full fibre broadband, as part of the government’s plans to boost the UK’s digital revolution and switch to online services

Tax / BREAKING: MPs call for immediate delay to Making Tax Digital

HMRC's Making Tax Digital programme has the potential to be an expensive disaster unless plans for the national rollout are delayed, according to MPs in the Treasury Committee, who are calling for a one to two year delay to the introduction of quarterly reporting, which is being rushed through to meet a 2018 kickoff date

Tax / Bull: Big HMRC is not necessarily better

The motives behind HMRC's modernisation project remain unclear and could risk damaging its service before it improves it, warns RSM senior tax partner George Bull   

Tax / Top ten tips: self assessment tax returns and risk areas

In the run-up to the 31 January deadline for self assessment, Jonathan Amponsah CTA FCCA, managing partner at The Tax Guys, sets out the top ten tips to ensure tax returns are as accurate as possible in order to avoid falling foul of HMRC penalties

Tax / Self-assessment awareness grows to record levels

Latest HMRC research has found that the tax authority’s 2015/16 self assessment marketing campaign, urging taxpayers to file their return early, has been successful with overall awareness growing to highest levels, yet communications still lack around Making Tax Digital (MTD) which is scheduled to begin in 2018

Tax / Predictions for 2017: no more status quo for accountants and tax advisers

In our annual review, we talk to leading tax and accounting experts about their concerns and hopes for 2017 from Brexit scenario planning to the rushed move to HMRC Making Tax Digital and a host of new financial reporting requirements. By Rachel Willcox

Tax / Free PDF software for company tax returns to be withdrawn

HMRC is to replace the current free PDF filing software for company tax returns for unrepresented companies and charities with straightforward tax affairs with an online only system from April 2017

Tax / Tax forum slates HMRC's ‘controversial’ Making Tax Digital plans

The government’s consultation process for HMRC’s flagship making tax digital (MTD) proposals has been heavily criticised as being too rushed and leaving little time for a successful implementation in an end of year report on tax policy from the Tax Professionals Forum

Tax / LT100 landfill tax returns migrate online

In keeping with the move to digital tax reporting, HMRC has introduced an online service for submitting a landfill tax return

Tax / Nunn: apps threaten to usurp beloved spreadsheet

The Chancellor's well-known love of spreadsheets jarres sharply with the government's Making Tax Digital project, notes Yvette Nunn CTA

Tax / No delay for Making Tax Digital for landlords

Autumn Statement 2016 has confirmed that the response to the six Making Tax Digital (MTD) consultations and the provisions to implement the proposals will be published in January 2017, showing that despite pleas HMRC will go ahead with plans for full implementation by 2020

Tax / AS2016: key tax changes and implementation dates

Our essential snapshot of the key measures announced in Autumn Statement 2016 and Finance Bill 2017, including salary sacrifice, disguised remuneration, NIC for self employed, reduction in MPAA limit and flat rate VAT scheme