These days, even by Orwellian standards, the extent of the “data trail” which we all leave as we go about our daily lives is astonishing.
A surprising change of approach relating to penalties in higher income child benefit charge cases is welcome news. Is it too much to hope that this softer stance from HMRC will extend to penalties arising in other unexpectedly complex tax areas?
Understanding where the line is to be drawn between investment and non-investment assets is critical to securing inheritance tax Business Property Relief. Many taxpayers have tried to argue that their business property qualifies for the relief but have failed. However, a recent Upper Tribunal decision provides a glimmer of hope for taxpayers and their advisers.
From work to study, and fitting in a little down-time, life is busy for audit graduate Amy Watters.
On the anniversary of the Apprenticeship Levy, the Open University highlighted that, although 50,000 organisations have paid £1.39billion to the Apprenticeship Levy, only 8 per cent of the funds have been used - a meagre £108 million. Is the answer to greater take-up changes to the scheme, or should organisations change their approach instead?
We offer you our traditional colour supplement – RSM's tax predictions for a Budget which will be anything but traditional. The Chancellor is on a mission to boost the nation's finances and his own career. Recent hints of a tax raid on offshore gambling companies remind us that there’s still time for the Treasury to identify more novel tax-raising ideas. All will be revealed when the Chancellor stands up at 3:30 on 29 October to present his Budget statement. Until then, we hope you will find our predictions helpful, informative and – who knows – reasonably accurate.
HMRC have announced that some businesses will benefit from a six-month deferral of the Making Tax Digital (MTD) VAT reporting requirements.
As the government looks to generate extra revenue, could the reform of the IR35 process for public sector organisations, which has netted an extra £410m in tax revenue, lead to reform for private sector businesses? And what would this mean for contractors and the companies who use them?
Jay Desai, an assistant manager in our internal team, tells about about his highlights and challenges in his role so far at RSM.