Business Income Manual - New UK GAAP

Just as the penalty regime commences, new information will need to be added to payroll submissions.

Autumn statement and corporation tax

HMRC have introduced changes to Extra Statutory Concession D33 (Capital Gains Tax on compensation and damages).

HMRC extends Real Time Information (RTI) holiday for micro-employers

HMRC has extended the RTI holiday for employers with 9 or fewer employees until 6 April 2016.

Income tax, national insurance, pensions and tax credits

What changes to personal taxes were announced in the Autumn Statement?

Withholding tax rates

Maximum rates of tax those countries with a Double Taxation Agreement with the UK can charge a UK resident on payments of dividends, interest, royalties and management/technical fees.

HMRC enquiries – re-opening earlier years

Tribunal case reveals that HMRC’s method of calculating income for earlier years on the basis of spreading is open to challenge where a more reasonable and accurate method is appropriate

Loan relationships - common problems demystified

Understand the basics of the loan relationships legislation and some of the more common real-life scenarios that crop up.

Loans to directors, trusts and LLPs

Anti-avoidance legislation aimed at loans to directors to be extended.

Seed enterprise investment scheme - HMRC guidance

Several changes to the SEIS were announced in this year’s Budget.

Termination payments - a refresher

The tax consequences of termination payments on cessation of employment

Repairs and renewals

HMRC have issued Revenue and Customs Brief 05/13 Direct tax: Guidance on repairs and renewals of assets, its draft guidance on what is a repair for direct tax purposes.

Research & Development Tax Relief

An overview of the tax reliefs available on expenditure on research and development

Back to basics: loan interest relief

A look at the rules relating to tax relief on loan interest.

Above-the-line credit

Budget 2013 announced the introduction of an above-the-line credit for research and development (R&D) expenditure incurred by large companies on or after 1 April 2013.

Finance Bill 2013

A look at some of the highlights of the 2013 Finance Bill

HMRC Agent Account Manager service

HMRC has set up a team of Agent Account Managers (AAMs) to assist agents and advisers to deal with HMRC more easily and effectively

Alternative dispute resolution (ADR) becomes permanent

ACCA| HMRC Alternative dispute resolution services becomes permanent from 2013/14.

Charities online

From 22 April 2013, charities and Community Amateur Sports Clubs (CASCs) will be required to use HMRC’s charities online service to obtain repayment of gift aid.

Budget 2013

ACCA have produced a Guide to the 2013 Budget.

Tax treaties

Details of new tax treaties.

Special relief (formerly equitable liability)

Understand the concept of ‘special relief’, formerly known as ‘equitable liability’.

PAYE penalties podcast

Welcome to ACCA's PAYE penalties podcast

Boxing clever - Patent Box

The Patent Box regime came into effect on 1 April 2013

Patent Box

The Patent Box regime comes into effect from 1 April 2013.

Compliance check factsheets

HMRC have published a suite of compliance check factsheets.

Allum & Allum v Marsh

Company purchase of own shares on retirement of directors; whether made for benefit of trade

Transfer pricing - HMRC manuals

HMRC's transfer pricing manuals have been re-ordered and rewritten

Reasonable excuse - September 2012 update

An update on some recent reasonable excuse tribunal cases.

HMRC - Tackling Tax Avoidance

HMRC has issued a new short briefing on its anti-avoidance activities in relation to aggressive tax avoidance schemes.

Finance Act 2012

The Finance Act 2012 received royal assent on 17 July 2012.

Working Together Groups - your communication channel with HMRC

Got an issue to raise with HMRC and fellow accountants? Contact your local Working Together group.

Capital Allowances and Buildings

The Finance Bill 2012 introduces new provisions with regard to claiming capital allowances on integral features.

CPD and tax relief

A look at the rules around tax relief on your – and your employees' – continuing professional development.

Making a late tax appeal

Madan Salhan looks at some of the issues and pitfalls to be considered in making a late tax appeal.

New ways to register for taxes online

HMRC has launched an online tax registration service to allow registration for all main business taxes (self assessment, corporation tax, PAYE for employers and VAT) in a single website visit.

Real time information and PAYE

RTI is a new way of reporting PAYE information. It will enable employers and pension providers to tell HMRC about payments to employees/pensioners as they are made rather than at the end of the tax year.

HMRC iXBRL commitment

HMRC agrees that no extension should be made to iXBRL tagging requirements in April 2013

IR 35 – new business entity tests

HMRC publishes guidance on its new approach to dealing with potential IR35 cases.

Alternative dispute resolution scheme

HMRC extends its alternative dispute resolution service trial nationwide.

EIS/SEIS - Advance Assurance Application

Details on obtaining advance qualification assurance for investments under the EIS and SEIS schemes.

HMRC campaigns

HMRC campaigns updates.

Keith Gordon: Challenging Sharkey v Wernher

Keith Gordon offer advice on challenging the Sharkey v Wernher principle of appropriations from trading stock at market value.

HMRC toolkits

The Expenses and Benefits from Employment Toolkit and the National Insurance Contributions and Statutory Payments Toolkit have been updated and can be used for 2011/12 tax returns. Access the HMRC toolkits via the link on this page.

Small Business Tax Dispute Service

HMRC have announced an extension to its Alternative Dispute Resolution (ADR) Scheme, following a successful initial trial period. The essence of the scheme is to offer an is for an "independent HMRC facilitator" to offer a mediation-based approach to resolving a tax disputes which arise during the course of a compliance check, before an assessment or appealable decision is issued. Its aim is to reach a quick and fair conclusion the dispute and to avoid the need for either party to take the case to Tax Tribunal.

HMRC Agent Account Managers

If HMRC's normal communication channels have left you frustrated and still needing an answer, the Agent Account Manager service may help.

Guide to... benefits in kind (vehicles)

This is a basic guide and should not be used as definitive guides, since individual circumstances may vary; specific advice should be obtained, where necessary.

Enterprise Investment Scheme - the tax reliefs condensed

EIS is an important investment incentives. The tax reliefs are highlighted here while the business rules can be found in Enterprise Investment Scheme (EIS) –The Rules Condensed

A pub crawl around capital allowances

The Upper Tribunal has recently issued its judgment in the case of J D Wetherspoon plc v The Commissioners for Her Majesty’s Revenue and Customs.

New HMRC taskforces target tax evaders

HMRC to launch 30 new taskforces to crack down on tax dodgers in 2012/13.

HMRC's Litigation and Settlement Strategy (LSS)

Details of HMRC's litigation and settlement strategy (LSS), which is their internal guidance to staff on dealing with tax disputes.

Saying Goodbye to ESC C16

From 1 March statutory instrument 2012 number 266 The enactment of extra-statutory concessions order 2012 comes into force. On the same date extra statutory concession (ESC) C16 is effectively withdrawn.

Seed enterprise investment scheme (SEIS))

Draft guidance has been made available that is intended to apply from 6 April regarding the transfers of pension savings to qualifying recognised overseas pension schemes (QROPS).

HMRC penalties - conspicuous unfairness

HMRC are slammed by tribunal judges in recent appeal cases against PAYE penalties.

Budget 2012

ACCA have produced a Guide to the 2012 Budget.

Extra-statutory concession

A look at ESC C16 as things currently stand, together with a look at the new proposals.

Employment manual update

Technical guidance on the Finance Act 2011 rules on employment income provided through third parties has been updated.

Disguised remuneration

A look at the new regulations

HMRC Clearances and Approvals

Details of business and non-business clearance procedures.

Tribunal decisions reflecting business life

The First-Tier Tribunal has made a number of decisions lately which have shown an appreciation of the reality of business life, as this example highlights.

IR35 - An Update

Another look at IR 35 in light of some recent cases.

Furnished holiday lettings changes from April 2011 and 2012

A review of the FHL regime together with details of changes from April 2011 and April 2012.

CIS penalties

The CIS penalty regime has changed with effect from 1 November 2011.

Associated companies rules - changes

The rules for establishing whether two or more companies are associated for corporation tax purposes has changed for accounting periods ending after 31 March 2011.

Double tax treaty passports

Details of the new streamlined and quicker double tax treaty passport scheme.

Solar panels

Advice to share with clients considering investing in solar panels.

HMRC's efforts to close the tax gap

With HMRC under pressure to reduce the tax gap, we review recent, current and future initiatives to achieve this.

HMRC New and Ongoing Campaigns

Latest details of HMRC's targeted tax campaigns.

Reasonable excuse - recent tribunal action

There has been some important tribunal action recently regarding HMRC's interpretation of reasonable excuse.

Badges of trade

A simple concept but despite its simplicity it causes many taxpayer problems clearly indicated by the plethora of case law.

Reasonable excuse summary

Reasonable excuse: argue your case