HMRC targets undeclared dividend payments
Will Drysdale, Reporter, Accountancy Daily
Company directors suspected of earning dividends without declaring their taxable income are being contacted by HMRC
Will Drysdale, Reporter, Accountancy Daily
Company directors suspected of earning dividends without declaring their taxable income are being contacted by HMRC
Will Drysdale, Reporter, Accountancy Daily
The Chancellor will increase the high income child benefit charge threshold from £50,000 to £60,000 from April 2024
Will Drysdale, Reporter, Accountancy Daily
From 1 May 2024 fees for registering a new company are set to rise significantly for the first time since 2016
by Jason Croke – VAT Director, Rayner Essex
Jason Croke considers the new guidance on receiving and appealing VAT penalties and the effects increasing automation has on the process.
by John Stokdyk – Editor at Large, AccountingWEB
After a couple of tough years, UK finance managers are looking for improvements that will help them respond to the challenges of 2023, according to Unit4. But the stats show they are lagging behind their international peers.
by Emma Rawson – Technical Officer, Association of Tax Technicians
Changes to the research and development relief regimes are due to come into effect from April. Emma Rawson reviews the draft guidance which includes changes to what does, and doesn’t, qualify for relief.
by Jason Croke – VAT Director, Rayner Essex
A recent question on Any Answers enquired why suppliers issue invoices with “This is not a VAT invoice” displayed on them. Jason Croke delves into this VAT mystery.
by Rebecca Cave – Tax Writer, Taxwriter Ltd
To discourage claims managed by high-volume agents, the form used to claim employment-related expenses will have more compulsory boxes.
by James Johnson – Tax Writer
A firm of solicitors was allowed to reclaim input tax even though the lease for its business premises was held by a dormant shell company, and not directly by the trading partnership.
by Jason Croke – VAT Director – Rayner Essex
Jason Croke answers a common question that repeatedly comes up on the Any Answers forum: how many years should a business go back if they’re over the VAT threshold?
by Rickie Lowery – Tax writer, Rickie Writes Tax
HMRC has introduced two new interactive online forms to help taxpayers reply to information requests following a VAT repayment claim.
by Rebecca Cave – Tax Writer, Taxwriter Ltd
HMRC has sent more than 2,300 letters to individuals identified as people with significant control (PSC) asking them to check whether their last self assessment tax return was correct.