20 March 2024
Unpicking Hunt’s axing of MDR
Tax experts could have been forgiven for taking a sharp intake of breath when chancellor Jeremy Hunt announced that multiple dwellings relief (MDR), a staple of the residential stamp duty land tax (SDLT) world, was to be abolished.
20 March 2024
HMRC’s approach to the taxation of cryptoassets
The digital asset market has gained significant media attention in recent years. The rise and fall of
the value of digital assets, losses arising from fraud, and the collapse of big names has attracted widespread attention from the mainstream media and from HMRC.
6 March 2024
KN Spring Budget Briefing 2024
The theme for the 2024 Spring Budget we were told, repeatedly, was 'lower taxes mean higher growth’. Although there were a number of areas touched upon by Jeremy Hunt, the Chancellor of the Exchequer, the KN Budget Briefing looks at some of the most important changes and how they might impact our clients.
14 February 2024
The rise in inheritance tax investigations by HMRC
HMRC recovered a record £326million following investigations into underpayments of inheritance tax in the year ending March 2022. Perhaps unsurprisingly in light of these figures, it seems that HMRC have continued their focus on inheritance tax investigations since then.
25 January 2024
Impact of artificial intelligence on tax disputes
In the modern world, society is always looking for improvements and automation to, supposedly, reduce costs and increase speed (indeed the author is indebted to the artificial intelligence (AI) system used to suggest the title for this article). This applies no less to the world of tax (as well as other forms of) litigation, where adviser and legal fees can be difficult to stomach and the prospect of a brainy robot efficiently cutting to the chase may hold some appeal. A recent tax case, however, will have heartened AI-doom mongers who argue a reliance on AI is not always the smartest solution.