HMRC triumphs in IR35 case

HM Revenue & Customs (HMRC) has recently won an IR35 tribunal against three BBC journalists, despite an earlier High Court ruling finding that the Corporation had forced them into the wrong contracts, meaning they now face potential tax bills of

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Millions in funding available as Law Society announces new legal innovation challenge

The Law Society for England and Wales has invited law firms to take part in a new innovation challenge to develop technology to improve responsible data sharing in the legal sector. Leading the challenge, UK Research and Innovation body Innovate

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How to shield clients from Friday afternoon fraud

A cybercrime specialist has reiterated the dangers of using email communications to finalise house purchases following a spate of conveyancing scams. The scam, known as ‘Friday Afternoon Fraud’, involves tricking unsuspecting buyers into sending house purchase monies to a fraudster’s

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Succession planning: could an alternative business structure help your law firm live on?

Two non-solicitor daughters have converted their late mother’s law firm into an alternative business structure (ABS) to ensure the family’s legacy. The story, first reported in specialist legal publication Legal Futures, demonstrates how ABS conversion can be used by solicitors

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Government confirms £4.6 billion cash boost for schools

The Government has confirmed a £14 billion funding package for schools and academies, increasing the education budget to over £52 billion by 2022/23. The announcement comes shortly after details of the budget proposals were leaked last month. Now confirmed, the

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HMRC delays reverse charge for the construction industry by 12 months

The Government has announced a 12-month delay to the implementation of the VAT domestic reverse charge for construction services, meaning the new rules will now not come in to force until 1 October 2020. Following concerns from industry representatives that

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VAT recovery for farmers

A recent case in the UK Supreme Court could support farmers trying to recover VAT from HM Revenue & Customs (HMRC) after the Court ruled that the business challenged by the taxman was entitled to VAT recovery. Scottish farmer Frank

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Average cyberattack on charity costs nearly £10,000, study reveals

More than two-thirds of high-income charities recorded a cyberattack or data breach in 2018, a new study has revealed. The finding forms part of the Charity Commission’s nationwide Cyber Security Breaches Survey 2019. The report is based on the data of

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First MTD for VAT filing deadline missed by one in ten businesses

HM Revenue & Customs (HMRC) has reassured the 120,000 businesses that failed to meet the 7 August deadline for Making Tax Digital (MTD) for VAT that the tax authority will not be issuing fines to them for missing the date.

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UK firms will be automatically enrolled into the customs system

Ahead of a potential no-deal Brexit, the Government has announced that it will automatically enrol UK firms in the customs system. This should enable UK businesses to continue to trade with European Union (EU) members after the UK leaves the

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