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A recent report, published by the House of Commons Public Accounts Committee on 11 January, urges HMRC to increase the resources given to...
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Recent statistics published by HMRC demonstrate a fall in the number of trusts paying UK tax. The number of trusts and estates that filed...
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The employment status of a worker determines how they are taxed. This has been an area of increased scrutiny for the government in recent...
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With less than a month to go until the 1 September deadline to register trusts that fall within the expanded scope of the Trust...
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HMRC have recently published a statistical commentary on the UK tax contributions of individuals claiming non-domiciled status in their...
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One of the most widely known features of the UK’s capital gains tax regime is private residence relief, which exempts all capital gains...
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HMRC recently updated its guidance on the distinction between trade versus investment in relation to the Qualifying Asset Holding Company...
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Following the Economic Crime (Transparency and Enforcement) Act 2022’s expedited passage through Parliament in March 2022, the Office of...
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Statistics released by HMRC show that transfer pricing revenues have increased from £1.45bn in the 12 months to 31 March 2020 to £2.16bn...
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It has just been announced that in February of this year, HM Revenue & Customs (HMRC) fined an unidentified UK company circa £2.7 million...
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In a speech at Innovate Finance Global Summit on Monday 4 April, John Glen, Economic Secretary to the Treasury, set out the UK...
It comes as no surprise that the Spring Statement 2022 is focused on the cost of living crisis exacerbated by the war in Ukraine. As well...
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After a long wait, HMRC has finalised its guidance on the VAT treatment of contract termination payments in R&C Brief 2 (2022). The...
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HM Revenue & Customs (HMRC) has announced its first ever seizure of Non-Fungible Tokens (NFTs) as part of a £1.4m VAT fraud...
Towards the end of last year, it was reported that HMRC had begun sending “nudge letters” to cryptocurrency investors. Nudge letter...
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Last week the Court of Appeal handed down judgment in the Embiricos litigation. (For commentary on the previous Embiricos decisions and...