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Income tax

Individuals with total income in excess of £150,000 pay the additional rate of income tax, currently 45% (46% in Scotland), though certain individuals with income between £100,

Introduction

The Scottish Taxes Policy Forum (STPF) has been formed in order to collaborate on technical analysis of Scottish tax matters, and with a view to produce and build alignment a

The Government makes much of the UK having the most competitive tax system in the G20, but how does that really stack up?

The necessity to consider

When an assessment is made outside of an enquiry window, it is necessary to consider if there has been a discovery.

A registered charity can claim back tax that has been deducted on, among other things, donations. This is known as gift aid. 

In its 2015 Final Report: Addressing the Tax Challenges of the Digital Economy (Action 1), the OECD identified three broad direct tax challenges associated with digitalisation.

An appeal case in the First Tier Tribunal of May this year, G Daniels v HMRC [2018] UKFTT 462 TC06640, made for entertaining reading.

One of the few constants in the world of UK tax is the notion that an individual’s home should not be subject to capital gains tax when it is disposed of.

In his Budget on 29 October 2018 the Chancellor Philip Hammond, roughly two thirds into his speech, said: ‘We’ll make HMRC a preferred creditor in business insolvencies to ensure that tax which has

There’s widespread acknowledgment that the guidance produced by HMRC is of critical importance in reducing the complexity of the UK’s tax system. Our legislation is lengthy and so is our case law.