In /Go City Limited vs HMRC [1]/, the first tier tribunal (FTT) couldn’t see the attraction in HMRC’s four assessments of a ...

As reported by Ian Holloway in July 2023 [1], “administrative discrepancies” caused tens of thousands of eligible taxpayers ...

On 3 September, in one of its first significant forays into the world of taxation so far, the new Labour government announced ...

If you fail to plan, you are planning to fail”. The well-known quote is attributed to Benjamin Franklin (1706-1790), renowned ...

I am trying to work out the double entry for a buyback of shares & subsequent cancellation of the shares but keep getting myself confused with the capital ...

Accountech Bytes is written and produced by AccountingWEB's technology editor Tom Herbert. He started with AccountingWEB in the heady days of 2015, where he worked first as business editor and then as ...

House owned as tenants in common by husband and wife A (25% each), and husband and wife B (25% each). Husbands A and B are brothers.

Hi I have a client who is a 19 year-old lad who is buying branded clothing through Ali Baba and having them shipped in. He has no idea how his contact ...

I am in the process of preparing some accounts for a new client (UK LTD).  Sole Director outside the UK, all work performed outside the UK.

The term “Britishcore” [1] is inexplicably riding high on the hog, flagging some of the more mundane and ramshackle aspects ...

Currently HMRC’s main use of AI is believed to be in compliance risk, for example in VAT fraud, by detecting patterns of VAT ...

Prior to my onboarding Director 1 fell out with Director 2 as they felt they did not have CIC's best intentions at heart. Director 2 now 'demanding' 50% of the business as a payout, even though CIC is ...