Tax / NAO to look at online overseas retailer VAT evasion

The National Audit Office (NAO) is to carry out an investigation looking at the risk of VAT evasion by overseas online retailers, which HRMC has estimated costs the Exchequer around £1bn a year

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 / Tax changes see one in four buy-to-let landlords sell up

The changes to mortgage interest relief (MIR) have led a quarter of buy-to-let landlords to put in place plans to sell up, while 20% are setting up limited companies in response, according to research by the Residential Landlords Association (RLA)

Tax / NAO slams HMRC deal with Concentrix

HMRC’s contract with Concentrix to provide additional capacity for checking tax credit awards delivered just £193m of savings compared to the original estimate of £1bn, according to a National Audit Office (NAO) investigation, while a third of the outsourcer’s decisions to stop payments were subsequently overturned after review

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 / Institutes release 10-point plan to improve tax policy and Budget

The Chartered Institute of Taxation (CIOT), the Institute for Fiscal Studies (IFS) and the Institute for Government have set out a 10-point plan to improve how tax policy is made in the UK and to better the Budget process

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 / HMRC opens flood helpline

In the wake of last week’s ‘thunderstorms’, HMRC has announced the opening of a telephone helpline for anyone affected by severe weather or floods, providing practical help and advice on any tax problems they may be facing

Tax / Employment law: key changes in 2017

A number of significant employment law changes from gender pay gap reporting to changes to the national minimum wage increase cycle are being introduced this year, with many coming into force from April. Joanna Stubbs, head of content at XpertHR Group examines the top five issues

Tax / Buy-to-let taxation: interest relief restriction - part 1

In part one of our exclusive series on buy-to-let taxation, Cathy Corns, corporate tax partner at Mercer & Hole explains how restrictions on tax reliefs will have significant implications for landlords

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 / Fishermen triumph over accountants when filing returns on time

Accountants should come out on top when it comes to filing a tax return on time however, accountants and lawyers have once again missed out on first place to the agriculture, fishing and forestry industry, according to HMRC