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Business News
Tax rates rise twice as fast in the UK than the international average
9 Jan 2019
According to the Organisation for Economic Co-operation and Development (OECD), UK tax revenue as a percentage of GDP rose to …
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Taxpayers offered online tool to assess their self-assessment requirement
9 Jan 2019
It should seem obvious whether an individual must submit a self-assessment tax return annually. Yet, each year, thousands of people …
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Taxpayers treated unfairly by HMRC, says House of Lords report
9 Jan 2019
The House of Lords Economic Affairs Committee has criticised some of the powers granted to HM Revenue & Customs (HMRC), …
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Smaller estates should not have to file Inheritance Tax paperwork, says Office for Tax Simplification
7 Dec 2018
The Office for Tax Simplification (OTS) has said that smaller and less complex estates should not be subject to the …
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Big increase in P2P lending
7 Dec 2018
The fifth annual UK Alternative Finance Industry Report has revealed a 65 per cent year-on-year increase in peer-to-peer (P2P) lending. …
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180,500 first-time buyers benefit from relief on Stamp Duty Land Tax (SDLT)
7 Dec 2018
Figures released by HM Revenue & Customs (HMRC) have revealed that 180,500 first-time buyers have benefited from the Government’s changes …
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Italian e-invoicing requirements make Making Tax Digital look like a walk in the park
7 Dec 2018
While a series of false starts and changes of direction have made Making Tax Digital (MTD) seem more complicated than …
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House of Lords calls for a delay to Making Tax Digital
7 Dec 2018
The House of Lords Economic Affairs Committee has criticised HM Revenue & Customs (HMRC) for its handling of Making Tax …
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UK takes second spot for tax compliance in G20
7 Dec 2018
New research from the World Bank has revealed that the UK has the second most effective tax system amongst the …
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Unwrapping Christmas tax gifts
7 Dec 2018
Christmas is a time for giving, but many businesses may not be aware that their gifts can be made in …
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