Unwrapping Christmas tax gifts
Christmas is a time for giving, but many businesses may not be aware that their gifts can be made inRead more.
UK takes second spot for tax compliance in G20
New research from the World Bank has revealed that the UK has the second most effective tax system amongst theRead more.
House of Lords calls for a delay to Making Tax Digital
The House of Lords Economic Affairs Committee has criticised HM Revenue & Customs (HMRC) for its handling of Making TaxRead more.
Italian e-invoicing requirements make Making Tax Digital look like a walk in the park
While a series of false starts and changes of direction have made Making Tax Digital (MTD) seem more complicated thanRead more.
180,500 first-time buyers benefit from relief on Stamp Duty Land Tax (SDLT)
Figures released by HM Revenue & Customs (HMRC) have revealed that 180,500 first-time buyers have benefited from the Government’s changesRead more.
Big increase in P2P lending
The fifth annual UK Alternative Finance Industry Report has revealed a 65 per cent year-on-year increase in peer-to-peer (P2P) lending.Read more.
Smaller estates should not have to file Inheritance Tax paperwork, says Office for Tax Simplification
The Office for Tax Simplification (OTS) has said that smaller and less complex estates should not be subject to theRead more.
Starting a business – what you need to know before launching a startup
Britain is a nation of fearless entrepreneurs, but the likes of Richard Branson and James Dyson didn’t go from ragsRead more.
Public pilot of Making Tax Digital for VAT opens
HM Revenue & Customs (HMRC) has opened a public pilot of Making Tax Digital (MTD) for VAT. The pilot isRead more.
Payee names to be required for bank transfers in effort to combat fraud and errors
From next year, payee names will be checked when making bank transfers in order to ensure that funds are beingRead more.
HM Revenue & Customs to review and rework some 2016-17 self-assessment tax returns following error
The Chartered Institute of Taxation (CIOT) has warned that HM Revenue & Customs (HMRC) is to review and potentially reworkRead more.
R&D Tax Credit system to be reviewed in light of fraudulent claims
According to figures released in the Autumn Budget, HM Revenue & Customs (HMRC) has prevented around £300 million of fraudulentRead more.
Research reveals Inheritance Tax hotspots across the UK
New research has revealed that the affluent area surrounding Guildford in Surrey has the highest proportion of people paying InheritanceRead more.
Entrepreneurs’ Relief rules to be tightened
Despite rumours that the Chancellor might scrap Entrepreneurs’ Relief (ER) all together in the Autumn Budget, Philip Hammond decided toRead more.
National Living Wage to rise in April 2019
In his latest Budget speech to the Commons, Chancellor Philip Hammond announced that the National Living Wage and National MinimumRead more.
Autumn Budget 2018
The sun was already edging behind the London skyline by the time Chancellor Philip Hammond rose to the despatch boxRead more.
CIOT reports increase in R40 refund errors
According to a new report by the Chartered Institute of Taxation (CIOT), there have been a growing number of R40Read more.
Workers miss out on £15.6 million in pay through minimum wage breaches
Minimum wage breaches, including breaches of the National Living Wage, have cost workers from across the UK a combined totalRead more.