Tax in the real world
It’s easy to get bogged down in the minutiae of tax, to be distracted by how complicated it all is.
It's easy to get bogged down in the minutiae of tax, to be distracted by how complicated it all is. So sometimes it is worth reminding ourselves that it’s not all computations and disputes with HMRC.
Related Topics
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Selling spare items to your company
You’re short of cash but if you use the traditional methods to take more money out of your company you’ll pay higher rate taxes. Is there another way to extract profits without paying income tax or NI?
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No such thing as a (tax) free lunch?
You run a small consultancy company and treat your staff to lunch in the office once a week. Your bookkeeper says it’s a taxable benefit in kind because staff lunches are only exempt if they are provided in a workplace canteen. Is this correct?
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Judge criticises use of fabricated AI-generated cases in HMRC appeal
A tax tribunal judge has criticised the use of apparently fabricated case references generated by artificial intelligence in an appeal against HMRC. The incident highlights growing concerns over the use of AI tools in legal and tax proceedings. What happened?
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