Tax | Treasury Committee seeking chair to replace Mel Stride

MPs have been asked to vote for a new chair of the influential Treasury Committee following Mel Stride’s appointment to the Cabinet

26 Oct 2022

Tax

Politics

Tax | Credit Suisse to pay €238m to settle French tax probe

Credit Suisse has been fined €238m (£206m) over allegations of tax evasion and money laundering by bank customers in France

26 Oct 2022

Tax

Personal Tax

Tax Compliance

Tax | Couple lose £119k stamp duty appeal

A couple has lost a First Tier Tribunal (FTT) appeal against closure notices issued by HMRC over disputed stamp duty land tax (SDLT) payments 

26 Oct 2022

Tax

Property Tax

HMRC

Case Reports

Tax | Autumn Statement set for 17 November

The Prime Minister and the Chancellor have agreed that the fiscal event will now take place on 17 November

26 Oct 2022

Tax

Budget

Politics

Tax | Jeremy Hunt to remain as Chancellor

Jeremy Hunt will remain in post as Chancellor, with Grant Shapps at business

25 Oct 2022

Tax

Budget

Politics

Tax | Q&A: claiming tax under double tax treaty arrangements

In this week’s Q&A, John Riseborough, tax adviser at Croner-i, explains how to reclaim tax when a deduction has been made by an overseas tax authority 

25 Oct 2022

Tax

International Tax

Tax Compliance

Tax | Rishi Sunak to become next prime minister

Rishi Sunak will become Britain’s next prime minister after his only rival, Penny Mordaunt, pulled out of the Tory leadership contest

24 Oct 2022

Tax

Politics

Tax | 100 days left to file self-assessment returns

HMRC is reminding taxpayers that there are just 100 days left to complete their self-assessment tax returns, ahead of the deadline on 31 January 2023

24 Oct 2022

Tax

Personal Tax

HMRC

Tax Compliance

Tax | Tax take hits £368.9bn driven by income tax

Total tax receipts for the first six months of the year are up by £35bn to £368.9bn, with income tax and National Insurance spiking by 15%

21 Oct 2022

Tax

Business Tax

Personal Tax

HMRC

Tax | UK ranks 26th in global tax rankings

The UK ranked 26th place in the International Tax Competitiveness Index (ITCI) rankings, although it had one of the lowest corporation tax rates

21 Oct 2022

Tax

Business Tax

Employment Tax

International Tax

Tax | MTD extension will raise costs for SMEs, says ABAB

Making Tax Digital for Income Tax will raise costs for business and will not reduce the time spent completing tax returns

21 Oct 2022

Tax

Making Tax Digital

Business Tax

HMRC

Tax Compliance

Tax | NHS Trust loses £270k appeal over VAT on parking

An NHS Foundation Trust has lost an appeal against a First Tier Tribunal (FTT) decision over an exemption from VAT payments for car parking charges

20 Oct 2022

Tax

VAT

HMRC

Tax Compliance

Tax | HMRC opens Belfast regional hub

HMRC has opened the latest regional hub in Belfast which will bring together over 2,000 staff in a single site

20 Oct 2022

Tax

HMRC

Tax | Liz Truss resigns as prime minister

Prime minister Liz Truss has resigned after 44 days in the job, with a leadership election to follow

20 Oct 2022

Tax

Politics

Tax | Digitising more tax will be part of cost cutting at HMRC

HMRC will focus on digitalising more of the tax system and speed up rollout of personal tax accounts as part of efforts to reduce spending and improve efficiencies

20 Oct 2022

Tax

HMRC

Politics