UK Tax Questions Answered by Shrewsbury Accountant No. 49
As I haven’t posted a Blog on the varied questions on tax asked by clients and members of the public for several months, I thought that today I would trawl through my internet postbag again. Hopefully I’ve found an interesting tax related question or two that you will find helpful or at least interesting. So, […]
The Great Marshmallow VAT saga, ‘Once s’more’
The sticky question of whether giant marshmallows are standard or zero rated for VAT has been rumbling through the tax courts, aka Tax Tribunals, since the first case was put before them in the autumn of 2022. On that occasion HMRC got a bloody nose, but ever a glutton for punishment, HMRC appealed to the […]
Making Tax Digital reporting and exemptions
Following on from a Blog on MTD, posted on 26th March, ‘MTD is now upon us’ I have now obtained HMRC’s final version of the 2026 regulations covering MTD reporting and exemptions. So today I will be looking at the more important changes. With effect from 6th April 2026, Making Tax Digital (MTD) for income […]
Companies House security blunder
Companies House have now admitted that a major security flaw in their WebFiling software has occurred. This has resulted in the confidential details of more than five million companies being put at risk. A major flaw in their software has meant that any user of the site was able to view and potentially amend items […]
MTD is now upon us
HMRC’s flagship tax regime Making Tax Digital for Income Tax (MTD for IT) is now approaching at breakneck speed. The new tax regime will include all businesses and individuals with accounting years starting on 1st or 6th April 2026, at least for those who had a combined turnover from self-employment and property in excess of […]
How you file your tax return is changing
Like the proverbial bad penny, the end of the tax season has once again has crept up on us, with the self-assessment deadline having passed last Saturday. Regrettably, once again, over a million taxpayers missed the 31st January deadline for filing their Self-Assessment tax returns, resulting in all of them receiving £100 late filing penalties […]
Should there be VAT on Morrisons take-away chicken?
Today’s Blog is about a recent tax tribunal (FTT) hearing concerning Morrisons Supermarkets Lid’s appeal, against a VAT demand for over £17m on their cool-down rotisserie chicken (CDRC). This case particularly intrigued me, as it had strong echoes of the ‘pasty tax’ debate from 2012. Background; ‘The Pasty Tax’ The so-called ‘Pasty Tax’ was a […]
Time to explore the Budget back roads
Over the last couple of weeks, I’ve explored the main roads of the Budget and the Chancellor’s infamous Red Book, so today I’m exploring the side roads and byways for any interesting minor points whose knock-on effects could be profound. The first B-road explored We already knew the broad roadmap of HMRC’s plans for further […]
