BLOG

The period April – June 2013 has seen positive economic growth for the second quarter. The economy expanded by 0.7%. Hopes of rebalancing the economy

HMRC closed their consultation on the proposed changes to the taxation of partnerships and LLPs on 9th August. Any subsequent changes will be introduced in

Online betting companies that have based their operations in offshore tax jurisdictions, to avoid Britain's gambling taxes, will be hit with a new levy to

The Office for Tax Simplification has published a new list of tax issues for review. They include: • Increasing the present £8,500 limit, below which employees

Ten new tax defaulters have been added to HMRC’s rogues’ gallery. This follows the publication of twenty tax offenders’ details last year. So far only

In a recent case heard by the Upper Tribunal, Interfish Ltd were denied tax relief for sponsorship payments made to a local rugby club, Plymouth

In March 2012 George Osborne and his Treasury advisors took a risk. They announced that on 6 April 2013 they would be reducing the additional

The Government have launched yet another consultation, this time they are considering changes to the way in which loans to directors and shareholders of small

MPs have been criticising the Treasury regarding their handling of the compensation scheme for Equitable Life policy holders. On its own admission the Treasury estimates

Generally speaking, debts of a person’s estate are deductible for IHT purposes – though there are some circumstances where specific debts cannot be deducted such

Holiday businesses in Devon, Cornwall, North Wales, the Lake District and Blackpool area beware: the taxman has set up a further task force to seek

 1 August 2013 – Due date for corporation tax due for the year ended 31 October 2012.  19 August 2013 – PAYE and NIC deductions

We thought readers might be interested to see how well HMRC have done in the last year, collecting our taxes and tackling fraud. The following

If you have been sent a tax return for any tax year up to 5 April 2012, and it has not been submitted, you may

HMRC’s Connect software system provides data to underpin efforts to tackle tax fraud. It cost a mighty £45m to install in 2009 and by 2011