The tax gap between what is paid and what is owed to HMRC
The tax gap is the estimated difference between the amount of tax that should in theory be paid to HMRC and what is actu...
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Managed service companies: what exemptions apply?
There has been a significant amount of coverage in accountancy and contractor press and forums recently on managed servi...
The temporary workplace: applying the intention or expectation test
The travel and subsistence rules are complex and can be difficult for employers to apply on a consistent basis, particul...
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The capital gains tax treatment for lost deposits: three recent cases
Contracts for the sale of interests in land commonly provide for completion by the payment by the purchaser of the outst...
Construction Industry Scheme reforms could result in tax simplification
The purpose of this article is to highlight three areas ripe for review in relation to the Construction Industry Scheme ...
A new plastic packaging tax came into force in April 2022
Aligned with the global focus on environmental, social and governance (ESG) issues, and with the aim of stimulating the ...
Reverting to the standard annual investment allowance: Impact on incorporated businesses
As the temporarily increased annual investment allowance (AIA) is due to revert to the standard £200,000 AIA limit from ...
The loss-carry back rules following an increase in earlier profits
The combined cases of Peter Lowe and Civic Environmental Systems Ltd v HMRC [2022] UKUT 84 (TCC) addressed three very di...
Enterprise management incentive schemes: some common pitfalls
In the midst of the ‘Great Resignation’, and strong competition for talent, it has become key for businesses to look at ...
Mitigating the worst impacts of an inflationary environment
Tax revenue in the UK is rising to sustained levels not seen since the 1950s (see bit.ly/3MPhqMv).