Chancellor George Osborne mounted a strong defence of the proposed new sugar tax when he appeared in front of the Treasury select committee to discuss last week’s Budget
The Scotland Act has received Royal Assent and now becomes law, offering wider devolved powers and paving the way for the Scottish government to set income tax rates and thresholds
The Finance (No. 2) Bill, running to over 500 pages, has been published today, bringing into effect the changes announced in the Chancellor’s recent Budget, with the legislation due to receive Royal Assent in July following debate in parliament
The plan for a zero-rate band for national insurance contributions (NICs) for the self-employed raises when Class 2 NICS are abolished raises tax compliance issues around the contributory element, says Meg Wilson CTA, tax writer at CCH
Following confusion over gift aid donations, HMRC has issued a clarification on the tax relief status of online donations to charity websites with messages signed by more than one person
In a Budget slanted towards smaller businesses and measures to boost growth, the fallout from unexpected decisions to slash a third off capital gains tax and increase the higher rate threshold left the Chancellor struggling to defend his position, says Sara White, editor, Accountancy
As part of the ongoing investigation into the use of profit shifting by multinationals to offset tax liabilities, the All Party Parliamentary Group (APPG) on responsible tax, chaired by Dame Margaret Hodge MP, has called up OECD tax chief to give formal evidence at a session
In a Budget pitched for business, Accountancy analyses the key measures including capital gains tax cuts, a clampdown on disguised remuneration EBT-style schemes and increased SDLT for commercial property transactions
Ireland has been asked to provide more details about the country’s tax deal with Apple by the European Commission, which has spent more than two years investigating whether the arrangements with the technology giant broke the rules on EU state aid
Tax changes due to take effect in April, when there will be an additional 3% stamp duty land tax (SDLT) on the purchase of a second home, are having an impact on the market according to the latest HMRC figures on UK property transactions, which show there was a 5.5% increase in the number of residential property transactions between January and February
In less than a fortnight, Scottish taxpayers will start to pay the Scottish rate of income tax (SRIT), which means that each resident Scottish taxpayer will be issued with an S tax code prefix effective 6 April
As announced at Budget 2016, legislation will be introduced in Finance Bill 2016 to enable the 'English votes for English laws' procedure to apply to the UK main rates of income tax in light of new devolved tax powers for Scotland
Budget 2016 is a complex mixture of tax changes in the first revenue-neutral Budget of the parliament with some surprising decisions from the decision to cut CGT rates to a new Lifetime ISA for under 40s and a raft of BEPS measures including tougher interest deductibility rules, says Bill Dodwell, head of tax policy at Deloitte
One of the government’s flagship family-friendly tax policies, the introduction of the Marriage Allowance for lower income couples, is floundering because of the difficulties taxpayers are experiencing in making a claim, according to analysis prepared by the Office for Budget Responsibility (OBR)
In a Budget designed to stimulate business, the Chancellor announced a series of measures worth an estimated £10.8bn over the parliament to support small to medium-sized companies (SMEs), in particular, including cuts to capital gains tax (CGT) and corporation tax, an extension of entrepreneurs’ relief and a reduction in business rates