A federal appeals court has upheld a law requiring TikTok’s Chinese parent company, ByteDance, to sell the app to a non-Chinese entity by mid-January or face a ban in the United States. The decision by the U.S. Court of Appeals for the District of Columbia Circuit marks a significant escalation in the ongoing scrutiny of […]
HMRC has confirmed the settlement of its high-profile IR35 tax case with Gary Lineker, ending a long-running dispute over a £4.9 million tax liability tied to his presenting work with the BBC and BT Sport. The case, initially decided in Lineker’s favour by the First-tier Tribunal (FTT), was set for an Upper Tribunal hearing after […]
HM Revenue & Customs (HMRC) has released new guidance cautioning freelancers, contractors, and consultants about the risks associated with Managed Service Companies (MSCs)—complex tax arrangements that could leave independent workers facing tax bills running into tens of thousands of pounds. Introduced in 2007, the MSC legislation aims to combat perceived tax abuse by freelancers who […]
Gary Lineker, the former England footballer turned broadcaster, has strategically placed his television production company, Goalhanger Films, into voluntary liquidation ahead of upcoming capital gains tax rises. Co-owned with former ITV controller Tony Pastor, the company reported net assets exceeding £440,000 in its last published accounts. The decision comes as the UK government announced in […]
HM Revenue & Customs (HMRC) has nearly doubled the amount paid to individuals providing tip-offs about suspected tax evasion, disbursing almost £1 million (£978,256) in the 2023/24 financial year compared to £508,500 the previous year. The increase comes amid growing pressure to reduce the UK’s £39.8 billion tax gap—the difference between the tax that should […]
Claims for multibillion-pound business tax incentives are more likely to be non-compliant when submitted with the assistance of specialist agents, according to an official review by HM Revenue & Customs (HMRC). An inquiry into research and development (R&D) tax credits—schemes intended to encourage innovation but undermined by fraud and error—found that behaviour among some agents […]
Introduced to tackle growing concerns over the safety of internet users – particularly children and vulnerable groups, the Online Safety Act (OSA) marks a significant shift in the regulatory landscape for businesses operating online platforms in the UK. Passed in October 2023 and progressively being enforced, it has introduced a wide range of new obligations, […]
In a groundbreaking victory for consumer rights, the Court of Appeal has ruled in favour of the claimant in the Johnson v. Firstrand Bank case, setting a historic precedent in the motor finance industry. The ruling, championed by Sentinel Legal and HD Law, holds lenders accountable for mis-selling Personal Contract Purchase (PCP) finance agreements, a […]
A new duty on employers to take reasonable steps to prevent sexual harassment is imminent. What do businesses need to do to prepare? From 26 October 2024, employers will be under a new duty to take reasonable steps to prevent sexual harassment of their workers. This new preventative duty is contained in the Worker Protection […]
Companies House has implemented a new regime of penalties aimed at improving compliance and transparency in the UK’s company register, with a focus on cracking down on misuse and economic crime. Registered companies are being urged to meet their legal obligations, such as timely filing of confirmation statements, to avoid facing financial penalties or more […]