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income tax

The case of Dipak Patel v HMRC examines whether or not two trades conducted by the appellant were carried out on a commercial basis with a view to the realisation of profits, or merely as a hobby.

The case of Dennis White v HMRC illustrates the importance of an adequate record keeping system and keeping business and private expenditure separate in a business.

The case of Trevor Anthony Hartland v HMRC examined whether various properties were the taxpayer’s principal private residence (PPR), or whether the sale of the properties amounted to trading asset

Here is a brief note of some of the changes announced by the Treasury on 3 December 2014 and a reminder of some other things that will come into force on 5 April 2014.

HMRC have recently changed their guidance in relation to the use of overseas funds as collateral for loans by remittance basis users.

A group representing self-employed taxpayers has called for a full merger of income tax and national insurance contributions and suggested the creation of a new “freelancer limited company” str


IR35 creates uncertainty around contractors’ tax status, according to a survey of AccountingWEB members, with 58% of respondents indicating that clients found determining employment status to b


Further devolution of income taxes to Scotland should be implemented on a step by step basis to avoid problems in implementation and the risk of unintended consequences, the Institute of Charte