Second-hand car dealer tax scheme scrapped
A tribunal has found that a tax avoidance scheme which involved celebrities, fund managers and other high earners claiming that they were second-hand car dealers in their spare time did not work.
A tribunal has found that a tax avoidance scheme which involved celebrities, fund managers and other high earners claiming that they were second-hand car dealers in their spare time did not work.
Bristol & West plc, owned by Bank of Ireland, has lost its second attempt to avoid £27 million of corporation tax by claiming that there was a loophole in the law governing the taxation of derivatives.
Tax credits customers in Nottingham who are now living with a partner are being reminded to update their tax credits claim as HM Revenue and Customs (HMRC) launches a new campaign to reduce tax credits error and fraud.
Small and medium-sized high-tech companies are being invited to free workshops around the country on support available for business growth, research and development (R&D) tax credits and innovation.
Tax credits customers in Belfast are being asked to check their childcare costs as HM Revenue and Customs (HMRC) launches a new campaign to reduce tax credits error and fraud.
With the new tax year just around the corner, small businesses are being urged to consider a scheme that allows them to be taxed on money that flows in and out of their business, rather than using full accounting rules.
HM Revenue and Customs (HMRC) is reminding anyone claiming tax credits who has a partner moving in with them to say those three little words this Valentine’s Day…”Tell the Taxman.”
The UK and Ireland governments are to bring in a new product to mark rebated fuels, including the off-road diesel commonly known in the UK as ‘red diesel’, in a move that will boost both countries’ fight against illegal fuel laundering.
More than 50,000 charities have signed up to Charities Online, which makes it quicker and easier for charities and Community Amateur Sports Clubs (CASCs) to receive the gift aid on their donations.
A new, flexible, face-to-face support service for customers who need extra help with their taxes, tax credits and child benefit entitlements will be rolled out across the UK by HM Revenue and Customs (HMRC) this spring.
HM Revenue and Customs (HMRC) has today launched a new telephone helpline for anyone affected by the recent floods.
There will be a staggered start to the introduction of Real Time Information (RTI) penalties, HM Revenue and Customs (HMRC) announced today.