HMRC ‘nudge’ letters targeting taxpayers with Euro Pacific Bank accounts
HMRC has confirmed they are investigating UK taxpayers believed to have held or controlled accounts with Euro Pacific Bank. Following the Joint Chiefs of Global Tax Enforcement’s two-year investigation into suspected tax evasion and money laundering involving clients of the bank globally, the Puerto Rico Office of the Commissioner of Financial Institutions (OCIF) has issued […]
PIMBs Briefing – Summer 2022
Welcome to the Summer 2022 edition of our briefing for Professional Institutes and Membership Bodies (PIMBs).
A summer of discontent!
What employers can do to help employees get to work.
Making Tax Digital for Income Tax Self Assessment
Earlier this month, HMRC published draft notices on Making Tax Digital for Income Tax Self Assessment (MTD ITSA). After numerous delays to MTD ITSA, the publication of these draft notices is a very strong indication that MTD ITSA will come into effect from April 2024 as planned.
Company cars: The future is electric!
The Government’s green agenda (with an aspirational target that all new car/vans will be 100% zero emission by 2035), raising fuel costs and attractive company car tax benefit in kind (BIK) rates has meant that providing an electric company car is becoming a norm.
Not for Profit VAT and Tax update – Q2 2022
Everything starts with good intentions, and I had hoped to be able to write this quarterly. It was all going so well, but then Q1 of this year did, of course, clash with our year end and somehow, I never recovered sufficiently to write anything in April, and then the last two months have flown […]