Tax

As someone who has worked in an M&A specialist law firm, I have great respect for the important role these lawyers play in advising clients involved in a transaction. It is, however, surprising that tax considerations are often overlooked in the initial stages of the deal process only to have ta

Jason Collins looks at efforts to ensure tech giants pay their taxes.HM Revenue & Customs (HMRC) believes that US-based multinational businesses may have underpaid £4.6 billion of UK tax last year, up 35 per cent from £3.4bn in 2017.Figures obtained by Pinsent Masons show that HMRC w

On Monday 1 April HMRC launched a consultation regarding two changes to Private Residence Relief (PRR) which were announced in the 2018 Budget. PRR applies to the sale of a property which has been the owner’s only, or main, residence at some point during the ownership period. Max Chassels

The personal service company of broadcaster Lorraine Kelly has won a First-Tier Tribunal appeal against a £1.2m demand from HMRC for unpaid income tax and National Insurance Contributions after a judge accepted that there was a contract for services between her and ITV – partly on t