Ride-hailing pioneer Uber has admitted it owes its New York drivers tens of millions of dollars following an accounting error in the way in which it calculated their commission, by using a figure which included state taxes rather than a pre-tax fare

US President Donald Trump has published his first budget, which proposes a $3.6 trillion (£2.8 trillion) cut in government spending over the next decade to balance the budget by 2017, but it has come under fire over the calculations used

Following the introduction of new tax rules for buy-to-let landlords there has been a rise in the amount of single property landlords that will be pushed into the higher income tax bracket, according to the National Landlords Association (NLA)

HMRC staff at the Public and Commercial Services (PCS) annual conference have condemned the department’s plans to close local offices as ‘impractical’, and indicated they will continue to campaign for a review of the decision to move most employees to new regional hubs under HMRC’s Building our Future (BoF) strategy

The European Council has agreed on a new system for resolving double taxation disputes within the EU, in a bid to reduce the difficulty and the tax burden of doing business across borders

There is a growing tendency for EU tax authorities to attempt to ‘responsibilise’ third parties for the failures of clients and partners to meet VAT obligations, Accordance chief executive Nicholas Hallam warns

Scottish people living outside the UK are at risk of paying the incorrect tax as a result of confusion over whether they should be treated as Scottish or UK taxpayers, the Association of Taxation Technicians (ATT) warns

The deadline for submitting automatic exchange of information (AEOI) returns for the year ended 31 December 2016 is 31 May 2017 for financial institutions, and that this is the first year for common reporting standards (CRS) filing

The manufacturers’ representative organisation EEF has announced a partnership deal with R&D tax relief specialist Jumpstart, with the aim of providing expert advice for members to secure their full entitlement of R&D tax relief

The amount of inheritance tax (IHT) saved by leaving money to charity has hit a record £880m, as donors look to reduce their tax bills and donate to good causes on their death

In part one of our series on pensions, Kay Ingram, director of public policy at LEBC reviews the impact of reductions in the lifetime allowance and tax liability for high earners, plus a snapshot of the key tax breaks currently available

Taxand managing director Tim Wach examines the scope of meaningful change in the corporate tax overhaul in the US and whether this will be achievable during Donald Trump’s term as president