The ICAEW comments on the Tax Administration Framework Review consultation which closed on 13 July 2021.
Consultation document proposes moving from a current (accounting) year basis to a tax year basis for reporting tax on self-employed profits.
Are Family Investment Companies (FICs) the best way to preserve family wealth or do trusts still have the edge?
HMRC is making SEISS (Self-Employment Income Support Scheme) auto-corrections to 2020/21 tax returns where it believes the total of declared SEISS grants received does not match their records.
A short summary of the first and second reports on the Capital Gains Tax Review published by the Office of Tax Simplification and the outlook for CGT from our tax team.
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