HMRC

Tax / HMRC disputes own calculations

HMRC has won a £3.1m case at a First Tier Tribunal (FTT) where part of the argument centred on whether or not the tax authority could challenge calculations derived from third party software developed to meet its own technical specifications, which may have implications for Making Tax Digital implementations

Tax / Gold bullion disguised remuneration still marketed despite HMRC clampdown

A year on from a concerted clampdown by HMRC, disguised remuneration schemes involving gold bullion are still being marketed to clients

Tax / UKIP promises no tax rises

Speaking at the launch of the UKIP manifesto, deputy chairman Suzanne Evans has said it is the only party going into the forthcoming election to pledge not to raise taxes, with plans to introduce a £13,500 threshold for paying income tax by the end of the next parliament

Tax / Cohabiting pensioners missing out on tax benefits

Despite people over the pension age being the fastest growing group of cohabitees, many are missing out on tax breaks, such as inheritance tax benefits, and state pension rights which are only available to married couples, according to research by Royal London

Tax / More single property landlords hit by buy-to-let changes

Following the introduction of new tax rules for buy-to-let landlords there has been a rise in the amount of single property landlords that will be pushed into the higher income tax bracket, according to the National Landlords Association (NLA)

Tax / PCS union slates HMRC’s office reorganisation plans

HMRC staff at the Public and Commercial Services (PCS) annual conference have condemned the department’s plans to close local offices as ‘impractical’, and indicated they will continue to campaign for a review of the decision to move most employees to new regional hubs under HMRC’s Building our Future (BoF) strategy

Tax / Scottish overseas taxpayers at risk of inaccurate bills, ATT warns

Scottish people living outside the UK are at risk of paying the incorrect tax as a result of confusion over whether they should be treated as Scottish or UK taxpayers, the Association of Taxation Technicians (ATT) warns

Tax / 31 May deadline for filing automatic exchange of information (AEOI) returns

The deadline for submitting automatic exchange of information (AEOI) returns for the year ended 31 December 2016 is 31 May 2017 for financial institutions, and that this is the first year for common reporting standards (CRS) filing

Tax / Push for manufacturers to claim R&D tax relief

The manufacturers’ representative organisation EEF has announced a partnership deal with R&D tax relief specialist Jumpstart, with the aim of providing expert advice for members to secure their full entitlement of R&D tax relief

Tax / Charitable donations cut inheritance tax bills by £880m

The amount of inheritance tax (IHT) saved by leaving money to charity has hit a record £880m, as donors look to reduce their tax bills and donate to good causes on their death

Tax / Green Party pledges to abolish cap on employees' NICs

The wealthiest in society will pay significantly more tax under Green Party plans, the party reveals in its manifesto

Tax / Temple: HMRC confusion over expenses advice

Changes to expenses rules mean that some contractors have received incorrect expenses advice from HMRC call centres. Crawford Temple, CEO of Prism, claims that rules for workers have become so complex, with the introduction of IR 35, that even HMRC is getting confused

Tax / FTT dismisses latest Gold Nuts enquiry appeal

In the latest tribunal case involving a company called Gold Nuts Ltd and its appeals against HMRC’s enquiries in relation to a corporation tax investigation, the First Tier Tribunal (FTT) has refused a request for a postponement, decided not to direct closure of any enquiries and dismissed appeals against information notices

Tax / Case: no evidence information notice was sent and it was not valid anyway

In Anstock [2017] TC 05784, the First Tier Tribunal (FTT) allowed a taxpayer’s appeal against an information notice, finding that there was no evidence that the notice had been sent or received and it did not contain precise, clear and unambiguous requests for information so was not valid

Tax / Conservatives propose tougher regulation of tax advisory firms in manifesto

Firms providing tax advice can expect greater scrutiny and regulation should the Conservatives remain in government following the general election on 8 June
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