Tax

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