Issue : Vol 191, Issue 4873

Penalty system must be seen to be fair

Expenses not allowed

¡Adiós amigos!

Unbalanced

Trouble ahead

Ignorance is no excuse

Business assets disposal relief

Conflict of interest

CGT computation dilemma

VAT on property sale

Does UK IHT apply to 401K? My new client was born outside the UK but has been resident here for 50 years. I therefore believe that inheritance tax will apply to worldwide assets, being deemed to be...

PenaltiesThe tax authority issued 101,045 financial penalty notices to taxpayers for submitting inaccurate tax returns in the year to 31 March 2022, HMRC has confirmed in response to an RSM freedom of...

HMRC has published Agent Update issue 104. It includes various technical updates and reminders. Highlights include that form FB12 which authorises a tax agent to use PAYE and construction industry...

Individuals who sell or obtain work through an online platform are the target of HMRC’s latest one-to-many letter campaign. Gig economy workers and traders selling online will receive a detailed...

Fifty objects of cultural significance worth £57m were accepted for the nation and allocated to museums across the UK under the government’s cultural gifts and acceptance in lieu schemes...