HM Revenue and Customs (HMRC) published their latest annual transfer pricing and diverted profits tax (DPT) statistics covering the year ended March 31, 2024 (FY 2023-2024). The statistics show HMRC continues to be very active on transfer pricing initiatives with the ...
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis. By GlobalData Learn more about Strategic Intelligence The initiative by HMRC to investigate UK businesses is aligned with the OECD’s ‘No or Only Nominal Tax Jurisdiction’ project. This proje...
They can no longer amend their tax returns due to expired time limits. They need to pay additional Corporation Tax or repay overclaimed tax credits. Submissions can be made directly by company representatives, such as directors, or via tax advisers acting on their behalf. HMRC has emphasised th...
Major furnished holiday let tax changes from April 2025 08 Apr 2025 For many years, UK-based owners of furnished holiday lets (FHL) in the UK and EEA enjoyed clear tax advantages, with many distinct differences in… READ MORE > Reporting share income and savings interest via Self Assessmen...
On 20 December 2022 HMRCpublished draft guidanceahead of the implementation of reforms to the Research and Development (R&D) Tax Reliefs on 1 April 2023. The guidance clarifies technical aspects of how the reforms will work in practice and will include a list of the additional information tha...
“Looking ahead to some of the changes to the tax system we know about, the problems facing HMRC, tax advisers and taxpayers are only going to get worse. ACCA members and other tax advisers are facing long delays – hanging on the phone for an hour or more to sort out the simplest ...
Tax relief on pension contributions CCAB Consultation on LLP SORP FRED 82 – summary of proposed accounting changes Dividend payment templates Is a self-employed pension crisis looming? Side hustles bring in more than £22,000 a year Government proposes employment law changes to ...
Singh, InderjitTeaching Business & Economics
If your business is spending on innovation you could be owed R&D Tax relief. Click here to claim Research and Development Tax in just 4 easy steps.
For many businesses and individuals, the preparation of Income Tax Self-Assessments, VAT Returns or Corporation Tax Returns (CT600) may be an iterative process. Where this is the case, automating the identification of changes between successive versions could be extremely useful. As these documents...