Insolvencies climb, inflation soars, can UK businesses survive?
After the shocks of Covid, Brexit and now the war in Ukraine, can the UK economy get through a period of high...
READ MOREHMRC loses £1m VAT case against Scottish farmer
HMRC has lost a £1m VAT case on appeal at the Supreme Court against a Scottish farmer over the purchase of farm subsidy entitlements.
In a judgement issued on 29 July, the court said taxpayers can deduct VAT incurred in purchasing the rights to a subsidy, in this case entitlements to Single Farm Payments (SFPs).
Read more at Accountancy Daily.
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Taxpayers in doubt over self assessment statements following HMRC IT error
HMRC wins disguised remuneration tax avoidance case
The HMRC has won its case in the Court of Appeal found against an IT contractor who used a disguised remuneration tax...
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New powers to protect access to cash
Millions of people across the UK will benefit from new legislation to protect access to cash, helping level up...
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