Accountancy

HMRC has launched a new consultation proposing changes to  the tax treatment of the self-employed, including members of professional partnerships which will, if introduced, aim to simplify the manner in which their income tax liabilities are calculated

A government consultation could see probate fees increase despite continued delays caused by mistakes made by the Probate Registry, accountancy firm Kreston Reeves has warned

The Association of Chartered Certified Accountants (ACCA) has partnered up with the DIFC Academy to further advance the accountancy and tax profession in the United Arab Emirates (UAE)

Brazil has leapfrogged Indonesia as the most complex place to do business in 2021 with the US and UK among the simplest in new rakings from professional services firm TMF Group

The Office for Tax Simplification (OTS) has launched a review to consider moving the end of the tax year from 5 April to 31 March

Accountancy firm Bright Grahame Murray (BGM) has become a member of Integra International, a global association of Chartered accountants, CPAs and business advisers.

The UK government has reaffirmed its commitment to keep the UK as the second largest global hub for wealth management, Economic Secretary to the Treasury, John Glen MP, said in his keynote address at Personal Investment Management & Financial Advice Association (PIMFA) Virtual Fest 2

Rawlinson & Hunter's Stephen Yates looks at tax developments this month...

Self Assessment taxpayers have less than one week to submit their late tax returns to prevent a £100 penalty, HMRC has urged

Unlike most other jurisdictions worldwide, the US levies tax based on citizenship. This means that a US citizen living in the UK can be simultaneously exposed to UK tax as a UK resident and US tax as a US citizen. This article considers the plight of these individuals, how they are exposed to double taxation and how some of the most common pitfalls can be avoided.