In a recent case in Glasgow, two restaurant owners were found guilty of carrying out nearly a £700,000 VAT fraud…
Read MoreStarbucks UK’s tax credit situation highlights that sales growth does not necessarily lead to tax liabilities. Despite reporting a turnover…
Read MoreThe UK’s new packaging EPR rules (often called the “packaging tax”) took effect on 1 January 2025. Any company with…
Read MoreClose companies (broadly, those controlled by five or fewer shareholders or participators) and their owners have new reporting requirements under…
Read MoreUK VAT law imposes strict restrictions on VAT recovery for business cars that also serve private purposes. Generally, businesses cannot…
Read MoreIn the UK, most company cars (and vans) used for private purposes fall under benefit-in-kind taxation. The value is calculated…
Read MoreWhat was the HMRC v Colchester institute VAT dispute about? Colchester Institute — a further education college in Essex —…
Read MoreIn the 2025/26 tax year, VCT fundraising in the UK reached a total of £918 million – about 3% more…
Read MoreIn the United Kingdom, “new financial year” can mean two things. The government’s financial year typically runs from 1 April,…
Read MoreA rise in dividend tax rates for the 2026/27 tax year and the continued freeze on personal allowances have narrowed…
Read MoreStarting 6 April 2026, CIS fraud rules for contractors in the UK will make them responsible for spotting fraud in…
Read MoreThresholds move down: a phased mandate The UK government’s Making Tax Digital Income Thresholds for Income Tax Self‑Assessment (MTD ITSA)…
Read MoreBritain’s push towards Making Tax Digital (MTD) will transform income-tax reporting for sole traders and landlords, with MTD for ITSA…
Read MoreHM Revenue & Customs is preparing to tighten aspects of the UK’s tax system, with proposed changes to HMRC tax…
Read MoreBritain’s drive to digitise tax reporting has finally reached income tax. From 6 April 2026, sole traders and landlords with…
Read MoreThe UK government has postponed the requirement for financial services businesses to register for tax adviser registration for financial services…
Read MoreMTD exemptions exist, but they are tightly defined and different for VAT and Income Tax in the UK. The key…
Read MoreTax defaulting in Croydon has moved back into focus following an update to HM Revenue & Customs’s (HMRC) “current list…
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