Corporate VAT and Tax update – Q4 2022
Welcome to our VAT and Tax update for corporate entities for the last quarter of 2022.
Conservative Party Chair HMRC tax settlement: Analysis
As widely reported in the mainstream media, Nadhim Zahawi, the current Conservative Party Chair and former Chancellor of the Exchequer has reached a settlement with HMRC. This was in respect of Capital Gains Tax relating to disposals of shares in YouGov, the polling company which was co-founded by Mr Zahawi in May 2000. The amount is […]
haysmacintyre shortlisted for ‘Best outsourced provider’ in the HFM European Awards 2023
We are delighted to announce that haysmacintyre has been shortlisted for ‘Best outsourced provider’ in the HFM European Services Awards 2023.
Haysmacintyre shortlisted for ‘Best Start-Up Solution’ in the Private Equity Wire European Awards 2023
We are delighted to announce that haysmacintyre has been shortlisted for ‘Best Start-Up Solution’ within the Service Provider category of the Private Equity Wire European Awards 2023.
VAT and prompt payment discounts: TalkTalk Telecom v HMRC
In December 2022, the First-tier Tax Tribunal released its judgement in the case of TalkTalk Telecom Ltd v HMRC. The case was in relation to a VAT assessment for £10.6m, which arose because HMRC believed that VAT should have been accounted for on prompt payment discounts.
Annual Tax on Enveloped Dwellings (ATED) – HMRC’s best kept secret?
What is ATED? The annual tax on residential property owned by non-natural persons that are valued over £500,000 in the UK is known as the Annual Tax on Enveloped Dwellings (ATED). ‘Non-natural persons’ means the property is owned completely or partly by a company, a partnership with a corporate partner, or a collective investment scheme. […]