A recent case at the Upper Tribunal considered this question with regard to late payment penalties charged on self-assessment tax returns (B Edwards v CRC, Upper Tribunal (Tax and Chancery Chamber). The taxpayer incurred  penalties in …

HMRC have published further changes to Entrepreneurs’ Relief (ER) in response to consultation with the professional bodies over the changes brought in with the Budget in 2018. As we noted in our post, HMRC Challenges …

Following on from our recent New Year’s Philosophers’ Blog, I recently received a ‘Practicewire’ from the ICAEW [The Institute for Chartered Accountants].  They are the leading professional organisation concerned with helping businesses with preparing their …

Some Philosophy? The American War of Independence, the French Revolution, the English Civil War, the Peasants Revolt. Each of these cataclysmic events in history were preceded by breakdowns in citizen’s trust in tax administration. The …

Keeping up to date with technical developments is difficult, especially with so many updates these days, when it is difficult to sort the wood from the trees. With the possibility of dividend planning many companies …