Form P87: new evidence requirements for employment expenses
From 14 October 2024, people who want to claim tax relief on employment expenses using form P87 also have to provide supporting evidence.
From 14 October 2024, people who want to claim tax relief on employment expenses using form P87 also have to provide supporting evidence.
And, if charity starts at home, we should think of the tax charities. Despite calls for simplification, our tax system gets ever more complex.
As non-political educational charities, neither the CIOT nor the ATT comment on the political decision-making process, but our technical teams do make representations in advance of the Budget in an
As readers will be aware, it is usually possible to make voluntary National Insurance contributions (NICs) going back up to six tax years (SI 2001/769, reg 4(3)–(5)).
Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) is now less than 18 months away, with taxpayers with income over £50,000 mandated from 6 April 2026.
As its name suggests, HMRC’s OTM activities typically involve contacting large numbers – sometimes thousands – of taxpayers or agents about the same issue at the same time.
In terms of the CIOT’s charitable objectives ‘to advance public education in and promote the study of the administration and practice of taxation and the principles of economic and political scienc
It is the same with Bess. I may think I am in charge but one look from those big brown spaniel eyes and I realise that she has me wrapped round her little paw.
Broadly, carried interest is the allocation of an equity fund’s profit share paid to investment managers in connection with their management activities.