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.
SME Tax News
HMRC have published a response to their consultation earlier this year on ‘Corporate contributions to grassroots sports’.
What a year 2016 has been in the world of UK tax. Here is our run down of the top 10 developments and events.
The Chancellor will deliver the Spring Budget on Wednesday 8 March 2017.
The Office of Tax Simplification have published a paper ‘Focus on the ‘Gig’ economy: What does it mean in terms of tax.’
HMRC have published a response to their consultation earlier this year on ‘Part surrenders and part assignments of life insurance policies’.
The Office of Tax Simplification (OTS) have published terms of reference for their reviews ‘Stamp duty: review of remaining paper duty on shares etc.’ and ‘VAT General Simplification Review’.
HMRC have published a new guidance note 'Your personal tax account'.
The Scottish parliament has confirmed the tax rates applicable for 2017/18.