21 January 2020
This week's articles are 'Last minute can be costly for your tax return', 'Will entrepreneurs’ relief be abolished?', 'What does equal pay mean to the tax system?', and 'Are HMRC getting serious about closing the tax gap?'.
21 January 2020
Individuals and small businesses account for two-thirds of all the unpaid tax in the UK. With the tax gap rising to £35 billion, will prosecution or Making Tax Digital make a real difference in closing the shortfall?
21 January 2020
With a significant rise in employment claims relating to worker status and worker pay, what is the tax treatment for these settlements? For most successful claimants, a tax bill will follow the award.
21 January 2020
Described as the worst tax relief in the UK, entrepreneurs’ relief is an anachronism in a country which prides itself on ensuring that every tax relief is underpinned by a robust policy objective. Will it survive the Chancellor’s Budget on 11 March 2020?
21 January 2020
If you leave your Self-Assessment tax return to the last-minute, take extra care you don’t miss any incomes or gains, or forget your PPI!
21 January 2020
The latest update of HMRC's internal employment status manual could prove useful for businesses and their contractors concerned about reaching the correct decision on the employment status of workers for tax purposes.
15 January 2020
This week's articles are 'Trade agreements: will UK scrap digital services tax?', 'Scottish Government to set out draft Budget plan before the UK Budget', 'New Year, new shirts, new allowance – are retailers still scratching their heads?' and 'IR35 Off-payroll working – are you ready for the new rules?'.
15 January 2020
It’s 12 weeks until the new IR35/off-payroll rules come into force. Public sector and medium and large organisations as end users will feel it the most, but small entities may be impacted as fee payers. There is a lot to do and organisations need to start preparing now, if they haven’t already.
15 January 2020
In October 2018, the Chancellor unexpectedly announced a brand-new capital allowance for structures and buildings, but most companies are only now starting to see its impact. Large retailers have now navigated the busy Christmas period and even busier January sales which will hopefully yield a much-needed profit boost. Will the new allowance provide a further uplift to reduce their tax bills?
15 January 2020
The Scottish Government will set out its draft Budget plans on 6 February, more than a month ahead of the UK Budget. This raises two significant issues on the block grant and devolved taxes.
