The most recent figures show that taxpayers saved £30m in inheritance tax (IHT) through gifting last year with many taking advantage of the £3,000 annual gift allowance
The UK government has announced that it has cut the cost of the NHS Test and Trace PCR test for international arrivals and has launched a review to private testing providers
Official data published showed that almost a third of energy companies operating in the North Sea was paid millions in ‘negative tax’ by HRMC in the 2019-20 tax year
New research has revealed that Scottish taxpayers have paid £900m more in income tax over the last three years for a net benefit of just £170m under the Scottish National Party’s (SNP) tax changes
Plans to introduce a global minimum corporate tax rate will have repercussions for users of tax treaties, warns León Fernando Del Canto, an expert in international tax and head of Del Canto Chambers
HMRC tax investigations are targeting football clubs, players and their agents for millions in underpaid tax, particularly from lucrative transfers and image rights
Pub group, J D Wetherspoons is to cut the price of all food and drinks in its pubs by 7.5% on Thursday 23 September to highlight the benefit of a permanent VAT reduction in the hospitality industry
A one-off 99% levy on billionaires’ wealth gains during the pandemic could pay for everyone on the planet to be vaccinated against Covid-19, claims Oxfam
Voluntary and community sector (VCS) organisations which offer frontline support to individuals with their tax affairs, including tax credit queries and problems with tax debt, refer over 6,000 people to the HMRC extra support team annually
A developer linked to several stalled construction sites in Liverpool and under investigation by the Serious Fraud Office has been hit with a tax bill of more than £1.7m
Under new rules introduced in the Finance Act 2021, HMRC has been given extra powers to issue financial institution notices to access information about taxpayers’ bank accounts to drum out possible tax evasion. Rachel Clark, barrister at Bright Line Law, examines the powers
Thousands of young people who have finished their exams need to be aware that they may have to declare income to the tax man and pay National Insurance contributions on summer jobs
The number of stamp duty land tax (SDLT) investigations launched by HMRC has fallen by 75% in the last year but the recovered revenue remained almost as high as previous years
Tax and advisory firm Blick Rothenberg is warning taxpayers that they should not ‘be scared of the taxman’ and to report all incidents if they believe that they are being conned
Menu toggle
