Category: Articles

Accounting for your long-term contracts under IFRS 15 – Revenue from Contracts with Customers (“IFRS 15”) can be complex. We explore why you should keep an eye on loss making contracts and what your auditors need you to prepare.

A nudge letter from HMRC about your tax affairs may feel like an irritant, but acting on it is in your best interest. We explain the frequent misunderstandings and how a PAYE Settlement Agreement (PSA) could be the solution.

As expected, the Labour Manifesto has confirmed that it will close the ‘loophole’ on carried interest.

We highlight the key challenges of the new Global Internal Audit standards, aiming to help internal auditors meet the essential requirements effectively and appropriately.

We look at the key changes proposed for the non-dom regime and overseas workday relief for expats.

What happens when a business considers claiming back VAT incurred on expenditure, via its VAT return to HMRC? Mark Ellis, VAT Partner provides a guide.

In the autumn, the Government announced its review of the current system. Discover how this may ease the burden.

We outline the key pitfalls to be aware of when considering Principal private residence relief, or private residence relief (PRR). 

The way we undertake business has substantially changed. Remote working creates numerous tax considerations and corporate residency is one of them. So how is corporate residency decided?

When it comes to tax and business planning, multinationals should focus on economic substance and how it links to location. 

Rarely does a definition matter so much and have so many implications for VAT. We look at the confusions often caused by misinterpretation of the term.

Timothy Goodger, partner at City law firm Elborne Mitchell LLP, considers why CWBs are under so much scrutiny.