Research and development tax relief
Research and development tax relief is an incentive from the government to encourage companies to invest in research and development activities. There is a common misconception that these incentives are aimed only at the technology sector, however, that is certainly not the case. This document outlines how research and development tax relief is more widely available than most companies realise.
BBC Look North presenter goes south: HMRC win IR35 case
Christa Ackroyd, who presented BBC’s Look North programme in Yorkshire from 2001 to 2013, has lost a hearing at the First Tier Tax Tribunal (FTT) regarding her engagement with the BBC through her personal service company, Christa Ackroyd Media Limited (CAM).
Payrolling benefits in kind: important new requirement
Are you an employer who has opted to payroll some or all of your employees’ benefits in kind? There is a new reporting requirement coming that you need to be aware of.
Inheritance Tax reform pending?
On 29 January 2018 Chancellor Philip Hammond wrote to the Office of Tax Simplification (OTS) instructing them to carry out a review into the regime surrounding UK Inheritance Tax.
Less than three days to go until the 31 January deadline!
Prior to this weekend just gone, HMRC stated that over three million people had still not filed their return, which represents almost a third of those required to submit returns.
Another concession bites the dust!
The withdrawal of the concession means that the onward charge by profit-making clubs of the affiliation fee will be liable to VAT at 20% unless it meets the conditions of a genuine disbursement.
Hybrid mismatch rules explained
A hybrid mismatch occurs in circumstances where the tax treatment of financial instruments, entities or transfer arrangements varies between territories.
Phishing emails purporting to come from HMRC on the rise
With 31 January looming, the season of bogus emails tempting you with the offer of a tax refund is upon us again.
HMRC caves into pressure over Trust Registration Service
Over the past few weeks it has become clear that the TRS not only falls well short of what was first envisaged but that it is struggling to cope with any use at all.