Author: Mohammed Zahed

Hundreds of thousands of private-sector contractors face higher tax and National Insurance (NI) bills from April 2020. The chancellor announced that tighter tax rules for those working in the public sector will be extended to those working for private firms. The rules, known as IR35, are designed to hit those […]
Launched in Autumn 2013, this is HMRC’s longest running campaign Disclosures under the LPC allow tax payers to rectify their affairs in respect of undeclared income or gains relating to rental properties and holiday lets Making a voluntary disclosure, or assisting HMRC in their enquiries can lead to a reduction […]
Chas Roy-Chowdhury, global head of tax at ACCA (the Association of Chartered Certified Accountants) says: ‘While the government’s aim is to keep VAT procedures as close as possible to what they are now, there’s a strong possibility that things will change and that more guidance is to come – for […]
At a recent ‘talking points’ webinar HMRC summarised some of the main points on how it tackles fraud and related issues such as the use of the Contractual Disclosure Facility (CDF) and the potential liability that accountants may face.   As these are very important issues we are summarising its […]
HM Revenue & Customs is seeking new powers that will allow it to obtain information about taxpayers from any business or organisation without seeking approval from the tax tribunal. The proposals, set out in a government consultation launched this week, would allow HMRC to submit information requests directly to financial institutions, accountants, […]
Amazon and eBay are to ink a deal with the UK tax man this month to provide data on potential VAT evaders. Both companieses confirmed to The Register they will sign a voluntary agreement with HMRC, along with other online marketplaces, to combat sellers failing to pay their fair share of tax […]
HMRC told AGAIN to toughen up on VAT-dodging online traders The UK taxman has been told to crack down on online traders that aren’t paying their fair share of VAT when they sell on sites like Amazon and eBay. The House of Commons Public Accounts Committee has been pushing the […]
Christa Ackroyd, a former BBC presenter, has been ordered to pay more than £400,000 in unpaid tax after the High Court ruled that she was caught by IR35 tax legislation. HMRC has won an IR35 case against former presenter of BBC Look North, Christa Ackroyd, who worked for the BBC […]
New year shock looms for hundreds of thousands as payment method is removed Hundreds of thousands of taxpayers hoping to defer the pain of their annual tax bill by paying on plastic will be hit by an HM Revenue & Customs ban on personal credit card payments which comes into […]
If the only tool you have is a hammer then every problem looks like a nail. If you spend your whole time focused on just one topic, you can sometimes lose sight of the importance of other areas. Some topics though are too important to ever ignore completely, and when […]