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Tax | Tax take up £6bn in single month of April as VAT spikes

April tax figures show big increase in income tax and capital gains tax as HMRC pulls in more revenue from high tax burden, and huge hikes at the forecourt see more VAT going to the Treasury

26 May 2026

Tax | HMRC investigations into SMEs recover average £24k in unpaid tax

With SMEs the biggest contributor to the tax gap, HMRC improves recovery rate amid warning rules are far too complicated causing errors and confusion

26 May 2026

Tax | Chancellor cuts VAT to 5% for kids’ meals, 10p rise in tax free mileage rate

Summer cuts to VAT to 5% for children’s meals across hospitality sector and visitor attractions, tax free mileage rate increased and foreign branch exemption removed for oil and gas sector

21 May 2026

Tax | ‘You’ve had plenty of time to get on with it’, MPs tell HMRC

MPs grill HMRC top brass over why they want more enforcement powers when it is not using current rules, and has ‘only once taken action to prevent the facilitation of tax evasion’

19 May 2026

Tax | Tax code is too complicated and needs urgent reform

Tax was largely absent from the King’s Speech, but the challenges facing the UK’s tax system are only getting harder to ignore with such a tortured and immense tax code. Katie Close CA, director of tax at ICAS calls for urgent change

19 May 2026

Business | HMRC’s hard turn on tax enforcement

Soaring number of winding up petitions after HMRC gained secondary preferential creditor status makes it more difficult to negotiate time to pay agreements to settle tax debts, warn Linton Bloomberg, partner, and Josh Beasley, trainee solicitor, at Reed Smith

13 May 2026

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Tax | 47% support AI tax as ‘minimum wage for robots’

As government faces calls for ‘minimum wage for robots’, poll finds nearly half want tax on AI work with growing apathy for automation discourse

8 May 2026

Tax | ‘Disproportionate tax burden’ as two pubs close every day this year

Two pubs closed every day in first three months of 2026, equating to nearly 3,000 job losses due to ‘sheer weight’ of tax

5 May 2026

Tax

Business Tax

VAT

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Tax | Record profits trigger call for more tax on BP

Oil giant BP nearly trebled profits on back of Gulf war, but opprobrium ignores reality of international tax framework on global profits, argues Mark Tan, international tax partner at law firm Spencer West LLP

29 Apr 2026

Tax | Windfarm operator loses £48m capital allowances tax case

HMRC wins long-running dispute over eligibility of tax relief on spend on environmental surveys carried out by Orsted as Supreme Court flags ‘penumbra of meaning’

28 Apr 2026

Tax | Q&A: stamp duty land tax relief on leasebacks

In this week’s Q&A, Jack Hall, adviser at Croner VIP Tax Team, explains treatment of stamp duty land tax (SDLT) on transactions involving sale and leaseback of property

28 Apr 2026

Tax | Conveyancers will have to sign mandatory tax register

Unpopular tax adviser register will capture conveyancers involved in any kind of stamp duty payment

27 Apr 2026

Tax | Highest ever tax take at £939bn in single year

Soaring tax receipts up nearly 10% in just 12 months as hike in employer national insurance reaps huge benefits for the Treasury, capital gains tax explodes, and record amount of VAT collected

23 Apr 2026

Tax | Employee ownership trusts as an exit option

Greg Vincent, partner at Morr & Co LLP considers the tax pros and cons of using employee ownership trusts (EOTs) as an exit strategy for LLPs and accountancy firms, despite rise in rate of capital gains tax

21 Apr 2026

Tax | Scottish election 2026: tax policies

With just over two weeks to go until Scotland goes to the polls, we examine the tax plans of the front runners to see the impact on businesses and individual taxpayers

21 Apr 2026

Tax | 95% of accountants say clients ‘increasingly’ struggle to pay tax

As company insolvencies jump 7% month-on-month, accountants report clients are ‘increasingly struggling’ to pay tax bills with corporation tax fuelling woes

17 Apr 2026

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Latest news

Tax | Tax take up £6bn in single month of April as VAT spikes

Tax | HMRC investigations into SMEs recover average £24k in unpaid tax

Tax | Chancellor cuts VAT to 5% for kids’ meals, 10p rise in tax free mileage rate

Tax | ‘You’ve had plenty of time to get on with it’, MPs tell HMRC

Tax | Tax code is too complicated and needs urgent reform

Business | HMRC’s hard turn on tax enforcement

Tax | 47% support AI tax as ‘minimum wage for robots’

Tax | ‘Disproportionate tax burden’ as two pubs close every day this year

Tax | Record profits trigger call for more tax on BP

Tax | Windfarm operator loses £48m capital allowances tax case

Tax | Q&A: stamp duty land tax relief on leasebacks

Tax | Conveyancers will have to sign mandatory tax register

Tax | Highest ever tax take at £939bn in single year

Tax | Employee ownership trusts as an exit option

Tax | Scottish election 2026: tax policies

Tax | 95% of accountants say clients ‘increasingly’ struggle to pay tax