Tax News - January 2015

From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:

Farming family wins IHT victory

A farming family has won an inheritance tax repayment worth tens of thousands of pounds following a long-running case.

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Many happy returns on Christmas Day

Almost 2,000 people filed online tax returns on Christmas Day, according to new HM Revenue & Customs (HMRC) figures.

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Solicitors targeted in new tax crackdown

HM Revenue & Customs (HMRC) is targeting solicitors with a new tax-gathering campaign.

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HMRC offers new online payment option

HM Revenue & Customs (HMRC) has introduced a new online payment service for customers paying self assessment or VAT tax bills by debit card.

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Accelerated payment notices score 99% success rate

HM Revenue & Customs (HMRC) says it has secured almost all the disputed tax due from the first group of tax avoidance scheme users to receive accelerated payment notices.

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Tax experts back change on digital firms

Tax experts have welcomed a government move that will prevent thousands of small businesses needing to register for European VAT from having to charge customers UK VAT, provided their relevant turnover remains below the £81,000 threshold.

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