Mala Kapacee

Recent Posts

Overpayment relief - late claims

Overpayment relief is a claim to be made if a taxpayer realises they have overpaid their tax. The time limit for claiming overpayment relief is four years from the end of the tax year to which the... Read more

Penalties: Legislation vs HMRC policy

You will probably be aware that penalties for an inaccurate return vary depending on the “behaviour” that led to the tax loss. The “behaviour” is split into three different categories – reasonable... Read more

Financial Information Notices

All legislation references are to s.122, (draft) Finance Bill 2021, unless otherwise stated. Read more

5 Top Tax Return Tips

In the middle of tax return season, your main role is to ensure clients’ self-assessment returns are accurate and submitted on time. Bear in mind that as an adviser, you also want to minimise risk of... Read more

Offshore Penalties

As you may be aware, HMRC are receiving huge amounts of information from overseas, particularly as a result of the Common Reporting Standard. The CRS is a multi-lateral agreement between over 100... Read more

New penalties for “Furlough Fraud”

Royal Assent was given to the Finance Bill on 22 July 2020 and with it came an increase in HMRC’s jurisdiction to go after those who have incorrectly claimed Coronavirus Support Payment (CSP)... Read more

Tax and Insolvency

For some time, HMRC have been lobbying to become preferred creditors on liquidation of a company. Under current rules, secured creditors are paid first and all unsecured creditors (HMRC included) are... Read more

HMRC but not as you know them...

Over the last month HMRC have swiftly changed from a tax collection machine to a money distribution centre and they have carried this out admirably. Read more

What is Judicial Review?

As HMRC’s powers increase, we are seeing more and more cases being decided in the High Court under Judicial Review (JR). For many tax advisers, JR remains a black box; it has been heard of and... Read more
1

Blog Archives

BPro Tax

Tax Online

Online access to Bloomsbury Professional books, looseleafs and journals, across numerous practice areas. Free Trial

Need Help?

Bloomsburyprofessionallaw If you need any help with finding publications or just ask a question. Talk to an Advisor: 01444 416119
customerservices@bloomsburyprofessional.com
or send us a message