Tax will never be simple but as a country we seem unable to bridge the gap between tax policy development and successful implementation. Three recent examples underline the point, but surely there is a better way?
Unfortunately for employers, genuine error is not a defence to breaching the National Minimum Wage (NMW). All breaches are handled in the same way whether deliberate or through genuine error.
Figures published by HMRC today show a 5.3 per cent increase in income tax receipts. But with Brexit posing a risk to the level of taxes which can be extracted from key parts of the UK economy such as the financial sector, concerns are growing as to who will pay tax, and how much, after Brexit. So where will the extra taxes come from?
A new online tax forum and dedicated webchat service was launched by HMRC on 1 August. The intention is to give small businesses and the self-employed a quick and easy one-stop-shop for getting answers to questions on tax. But is it that easy?
The government’s latest list of employers who failed to pay National Minimum Wage includes employers from retail, leisure and hospitality, manufacturing and social care sectors. This blog explores the most common mistakes, the penalties of being caught, and how to avoid expensive fines and being named and shamed.
A recent tribunal case which considered the availability of Business Property Relief (BPR) on a livery business, could have much wider implications for landholders. The case of The Estate of Maureen W. Vigne v. HMRC is one of many involving arguments for or against the availability of BPR.
For many families, their biggest exposure to inheritance tax, and their most important asset, is the family home. To help people reduce their inheritance tax bills, the new residence nil-rate band is being phased-in from 6 April 2017. We explain how to make the most of this relief.
In any legal case the disclosure of evidence for or against a particular argument is fundamental to enable a judge or jury to make a decision. However, a number of recent penalties cases have highlighted a flaw in HMRC’s argument as adequate proof was unavailable. If a penalty has been issued surely HMRC must be able to prove any alleged misdemeanour?
The Government has indicated two proposed approaches that could be adopted to shape the future customs landscape with the EU.