HMRC have released more statistics showing the number of non-UK domiciled taxpayers and the amount of UK tax they have paid; based on their estimates the number of non-doms in the UK decreased by 24% for 2016/17 compared to the previous year.
SME Tax News
Doing Social Media? What's Fake News? Should I still do surveys? What happens if I like your post? What happens if I share your post? Is my news feed real? FAQs answered on data mining, social media and generally being savvy about what you do on the net.
Are the major social media platforms nurturing malignant and dark forces that aim to disrupt our democracy? Quite possibly, according to the findings of the House of Commons select committee for Culture, Media and Sports in its Interim report, ‘Disinformation and ‘fake news’’.
In Tager & Anor v HMRC [2018] EWCA Civ 1727 the Court of Appeal reduced tax-related penalties imposed by the Upper Tribunal for failure to provide information from £1,075,210 to £220,000.
Hello
I have been reading over a few of HMRC's research findings this week and some of the results must be pretty shocking for them.
HMRC have published the results of a number of its different research projects. They all look at digital services, in particular the public's perception of the Personal Tax Account (PTAs), Digital Tax Account (DTA) and attitudes to digital contact in general.
How many people are employed in the UK? It's a good question, and Pay As You Earn (PAYE) is the biggest source of tax revenue its useful for setting the nations tax budget. According to HMRC'snewly published Experimental Statistics it is just under 33 million in 2017-18.
In Maurice and Shirley Bell v HMRC [2018] TC06575 taxpayers were unsuccessful claiming CGT roll over relief under s152 TCGA 1992 on the disposal of a farmhouse constructed on their farmland for their son. The building was not used only for the trade.
In Patricia Lam v HMRC [2018] TC6540 a taxpayer found that the fact that you stay a few nights in your property in a sleeping bag is unlikely to convince a tax tribunal that a property is your only or main residence.
HMRC has published partially completed details of a privacy impact assessment for the use of Voice Biometric Identification (Voice ID) technology. This aims to help reduce fraud and it seems entirely probable that it will be used in future, if HMRC manage more fully automated services.