The proposed reforms to the UK's transfer pricing, permanent establishment and the diverted profits tax ("DPT") legislation will more closely align the UK's rules with international standards...

The Spring Budget 2024 introduced a number of changes to the taxation of residential property, with some winners and some losers from the announcements.

Law practices and solicitors firms generally expect to charge and account for VAT on all supplies made to UK clients, and some based overseas depending on the service.

HMRC are sending ‘Nudge letters' recently to individuals to check that their personal tax affairs are up to date and have been correctly disclosed on their UK tax returns.

Certain types of crew cab vehicles are classed as a ‘van' rather than ‘cars' for income tax and national insurance purposes.

In light of the Autumn Statement 2023 we take a look at changes for self-employed workers as the Chancellor announces the ‘largest ever cut' to self-employed National Insurance.

The Code of Fundraising practice was last reviewed by the Fundraising Regulator in 2018/19. The latest review commenced in 2022 with phase one being a call for consultation...

The Financial Reporting Council has produced a project update on the next FRS102. The timeline for its application has moved from the accounting period beginning on, or after, 1 January 2025 to 1 January 2026...

In December 2020, HMRC quietly released a draft supplementary form (CT600L) to be completed by all companies claiming R&D tax relief from 1 April 2021.

Navigating National Insurance (NI) categories is crucial for employers to ensure accurate payroll processing. Changes were made to NI thresholds, affecting both employees and business owners/managers on 6 July 2022.

In the world of leisure and hospitality, the practice of giving tips and gratuities is a token of appreciation that customers offer in return for quality service.

On 16 January 2024 a policy paper was published outlining the Government's intentions to mandate the reporting and paying of Income Tax and Class 1A National Insurance contributions (NICs)...

Let's chat VAT. Despite VAT being around for 50 years, many business owners report to still being confused about their VAT obligations, which is understandable given the numerous...

With HMRC consulting on abolishing R&D relief for small and medium-sized enterprises ("SMEs") and R&D relief for subsidised expenditure, leaving only a slightly enhanced and less...

From 8 August 2023, all companies making an R&D claim are required to submit an additional information form (AIF) to HMRC in advance of filing their corporation tax return.

On 6 December 2023, HMRC published a bulletin regarding its decision to cease providing pre and post appointment tax clearances to Insolvency Practitioners (IPs) acting as Liquidators of Members'

Receiving a COP9 investigation letter from HMRC's Fraud Investigation Service can be a daunting experience, signalling that HMRC suspects deliberate tax underpayment by you or your business.

As you are hopefully aware, the end of the soft landing period for Making Tax Digital is drawing closer and for any VAT periods starting on or after 1 April 2021 MTD registered businesses will need to be compliant with the full MTD regulations ...

The government published draft legislation earlier this year, for the merger of the RDEC and the SME R&D relief schemes. In the Autumn Statement (November 22 2023) it was announced...

In recent years, freelance work has been subject to significant regulatory change, raising concerns for both the freelancers themselves, and hiring businesses.