News

Taxes paid by workers who were incorrectly categorised as outside the scope of the off-payroll working rules, also known as IR35, should be offset against the tax due from the organisation that engaged them to protect the public purse, says the Chartered Institute of Taxation (CIOT).

Taxpayers who take part in small-scale pilots of new policies should not be disadvantaged compared to the general population, the Chartered Institute of Taxation (CIOT) has urged.

Updating HMRC’s powers to collect data from third parties will simplify the process of filling in tax returns, but it must be easy for taxpayers to correct errors if they are to remain responsible for the accuracy of their own returns, the Chartered Institute of Taxation (CIOT) has warned.

The Chartered Institute of Taxation (CIOT) has noted the publication of draft legislation for the merger of the UK’s two different research and development (R&D) reliefs today but warned that the government faces challenges ensuring a merged relief is both simple and fair.

The Chartered Institute of Taxation has commented on figures estimating that the amount of research and development (R&D) tax relief error and fraud has been more than three times previous estimates.

The HMRC Charter annual report, published yesterday, shows that poor service levels are undermining HMRC’s ability to deliver on their Charter standards, says the Chartered Institute of Taxation (CIOT).

The Chartered Institute of Taxation (CIOT) is warning that HMRC’s efforts to get tough on abuse of research and development (R&D) tax relief are resulting in them rejecting legitimate claims and stone-walling other genuine claimants with a bureaucratic system driving them to give up on their claims.

The Low Incomes Tax Reform Group (LITRG) are warning people on lower incomes of the potential risks when answering an advert to become a director of a company in exchange for a fee.

A new report by the body tasked with investigating complaints against HMRC is further evidence that the tax authority is ill-equipped to deal with the pressures on its services.

The benefits of expanding tax relief for the installation of energy-saving materials in buildings may not be fully realised unless the government puts in place special rules enabling relief to be granted even where the installation is part of wider refurbishment work, says the Chartered Institute of Taxation.