top of page



Property sales drop 16% in a year risking tax take
Residential property sales fell sharply in the past year as months of interest rate rises squeezed first time buyers out of the market...
Sara White
Sep 6, 20232 min read


Filing deadlines: September 2023
Our handy guide to tax filing deadlines for VAT returns for quarter ended 31 July 2023 and corporation tax return for year ends of 30...
Croner-i
Sep 5, 20231 min read


Post Office Horizon compensation not taxable
Postmasters caught up in the Horizon accounting scandal are to be paid millions of pounds in additional compensation to offset tax bills...
Sara White
Aug 25, 20232 min read


HMRC expands use of COP9 tax investigations
HMRC plans to ramp up the use of Code of Practice 9 - COP9 – powers and has clarified the rules on how taxpayers can report fraud where...
Sara White
Aug 24, 20232 min read


Plans to modernise stamp taxes on shares explained
The complex stamp tax rules could be simplified to create a single tax, removing some headaches for accountants, explain Ben Jones,...
Ben Jones
Aug 23, 20234 min read


Architect loses £10k VAT penalty appeal
An architect has lost a First Tier Tribunal (FTT) appeal against penalties related to false VAT assessments Max Austin, Reporter,...
Max Austin
Aug 22, 20233 min read


HMRC takes dangerous stance against taxpayer in bankruptcy filings
The pursuit of rugby star Lawrence Dallaglio by HMRC over unpaid taxes has thrown back into the spotlight the controversial methods...
Steve Thomas
Aug 21, 20234 min read


Tuffnells Parcel business collapses
Haulage business Tuffnells Parcels Express has gone into administration putting over 2,000 staff out of work Sara White, Editor,...
Sara White
Aug 16, 20232 min read


Taxpayer loses £1.4m tax case over late payment
The Court of Appeal has ruled that a taxpayer did not have a reasonable excuse for not paying a £14m tax bill on time and upheld a £1.4m...
Max Austin
Aug 15, 20234 min read


HMRC gives offshore tax evaders disclosure break
UK residents who were named in the leaked Pandora Papers which revealed extensive tax evasion are being given the chance to correct their...
Sara White
Aug 14, 20233 min read


Fair value disclosures need to be more transparent
The challenging economic environment and climate change risks may increase the degree of estimation uncertainty and management judgment...
Sara White
Aug 11, 20232 min read


When zero tax is payable on property income
Philip Spencer FCA, senior tax writer, Croner-i explains the scenarios where tax is not chargeable on residential and commercial property...
Philip Spencer
Aug 10, 20236 min read


HMRC extends National Insurance top-up deadline to 2025
Taxpayers will now have an extra two years to make additional payments to their National Insurance (NI) contributions to increase state...
Max Austin
Aug 10, 20232 min read


Oil and gas windfall tax could be scrapped
The energy profits levy, which puts a marginal tax rate of 75% on North Sea oil and gas production, will remain in place for the next...
Sara White
Aug 4, 20232 min read


Self assessment tax helpline closed for three months
HMRC is planning to close the self assessment tax helpline for three months over the summer to focus call centre resources on dealing...
Sara White
Aug 3, 20233 min read


HMRC launches VAT self service time to pay
HMRC has confirmed that businesses can now set up a payment plan online if they owe less than £20,000 in unpaid VAT. Sara White, Editor,...
Sara White
Aug 2, 20231 min read


One in four UK business owners fast track their exit strategies
Two in three UK business owners are currently considering an exit strategy as fears grow about higher taxes depending on the result of a...
Sara White
Aug 1, 20232 min read


School fee scheme breaks tax rules
Parents using tax avoidance schemes to offset private school fees are being warned by HMRC that the schemes do not work. Sara White,...
Sara White
Jul 31, 20232 min read


Employee share incentive plans up for review
The government plans to overhaul schemes offering people shares in their employer to simplify the application process and review cost of...
Sara White
Jul 14, 20233 min read


HMRC issues scam warning to tax credits claimants
Tax credit claimants need to be on their guard against fraudsters, as HMRC warns of increasing use of text messages by scammers. Sara...
Sara White
Jul 13, 20233 min read
bottom of page
.png)