Weekly tax brief - 10 August 2016

This week we outline key forthcoming tax deadlines and explore the HMRC’s latest ‘whistle-blowing’ online resource for members of the public to report pay and work rights issues. Plus, we question whether the Principal Private Residence relief has gone wrong and suggested how to fix it.


Are you prepared for the forthcoming tax deadlines? Have you taken action?

10 August 2016

Although most tax deadlines recur every year, they still seem to catch many individuals and businesses by surprise.

'Tell HMRC' - inconsistent anonymity for online whistle-blowing

10 August 2016

We welcome HMRC’s encouragement for people to report online their concerns about illegal tax and related activity. But as many potential informants will feel vulnerable, fearful perhaps, we question why HMRC’s approach to anonymity appears inconsistent.

Rugby club tackles HMRC to set precedent for VAT savings

10 August 2016

Whether or not a zero VAT rate can be applied to the construction of a charity building is not always straightforward and fundamentally comes down to the use of the building. However, a recent decision of the Upper-tier VAT Tribunal could create a welcome precedent for amateur sports clubs and other community based organisations to save VAT on construction costs.

Fledgling BEPS needs buy-in (not cynicism)

10 August 2016

A clampdown on tax avoidance across the globe is an epic task and the OECD’s Base Erosion and Profit-Shifting recommendations map out the scale and complexity of the project. Buy-in and support are pivotal to its success, so why has the APPG responded with cynicism?

The speed-awareness course of tax – but is it working?

10 August 2016

When the current system of tax penalties was devised 10-years ago this problem was tackled in an imaginative way.

Get to work free but no tax relief

10 August 2016

We all know that the cost of home-to-work travel is not tax deductible and that if your employer pays for the travel you are taxed as a benefit.

Principal Private Residence - relief time to rebuild?

10 August 2016

Tax reliefs and their use continue to come under scrutiny, and Principal Private Residence (PPR) relief from capital gains tax is currently in the firing line. A recent National Audit Office (NAO) report highlighted 'scope for wide-scale misuse' and called for more scrutiny, in respect of PPR in particular, due to the £18bn cost to the Exchequer each year. But what is PPR, has it gone wrong and, if so, how can we fix it?

Naming and shaming politicians and civil servants who waste taxpayers’ money?

10 August 2016

Since April 2010, HMRC have published details of tax defaulters who’ve received penalties either for deliberate errors in their tax returns or for deliberately failing to comply with their tax obligations.