-
What do the main parties intend to do with tax?
With three weeks to go until the election, the main parties have been making tax-related promises. What do we know so far?
-
Supplies were VATable, but assessment was out of time
HMRC is notoriously strict on taxpayer deadlines, e.g. when making claims for tax relief. However, it must also follow the rules. In a recent tribunal case, HMRC was told it was too late to collect underpaid VAT of nearly £250,000. What went wrong?
-
Warning for cryptoasset investors
Changes to the self-assessment tax return signal HMRC’s intention to go after those buying and selling cryptoassets. What’s the full story?
-
Non-dom reform missing from Finance Act
After announcing an early election, the government rushed to have the Finance Bill with the 2024 Spring Budget measures passed into law. However, one of the most notable of the reforms was missing. What's going on?
-
Latest “one-to-many” campaign targets rollover relief claimants
HMRC’s “one-to-many” campaigns involve it sending “nudge” letters to specific groups of taxpayers that have been identified as meeting certain criteria. The latest campaign is aimed at those who claimed rollover relief for business assets in 2020/21. Why is this being looked at now, and what can you do if you're affected?
-
No simple trading test for holiday let landlords
The furnished holiday lettings regime is due be abolished next year. HMRC has recently dismissed the introduction of a simple test to distinguish between property letting and trading. How might you be affected, and what does the announcement of a summer General Election mean for you?
