Making Tax Digital: changes needed

Last Updated: 31 August 2023

The House of Commons Treasury Committee have published a report recommending that HMRC change their approach to Making Tax Digital (MTD).

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Tax credits: don't miss 31 Jan deadline

Last Updated: 31 August 2023

The Low Incomes Tax Reform Group (LITRG) is urging tax credit claimants who have submitted estimates of their 2015/16 income to confirm or update their estimates by 31 January 2017 to ensure they have received and continue to receive the right amount of support.

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CGT error in LDF claim adds further penalties

Last Updated: 31 August 2023

In Knight and Knight v HMRC [2016] TC05544 incorrect calculation of foreign gains under the LDF led to a discovery assessment and enhanced tax penalties.

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Happy Christmas

Last Updated: 31 August 2023

Happy Christmas to one all.

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Top 10 hits of 2016

Last Updated: 31 August 2023

What a year 2016 has been in the world of UK tax.  Here is our run down of the top 10 developments and events.

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Tax deduction for daughter's motor racing sponsorship

Last Updated: 31 August 2023

In The Crown and Cushion Hotel v HMRC [2016] TC05492 the First Tier Tribunal (FTT) allowed a deduction for corporation tax for payments made sponsoring the director's daughter’s motor sports activities.

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  1. HMRC Agent Update December 2016
  2. FTT disagrees with HMRC on late payment of R & D costs
  3. PSCs and the public sector: consultation response:
  4. Notifying HMRC about offshore structures: consultation
  5. Finance Bill 2017 published

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