The Scottish Whisky Association has said the Treasury has been losing half a million pounds every day since the excise duty on Scotch Whisky and spirits was increased in August 2023 by 10.1%
Labour’s addition of VAT on private school fees came in from 1 January with many parents having to cough up thousands of pounds if their schools decide not to cover the increase
A painting and decorating business has won an appeal at the Upper Tribunal against HMRC over an £800,000 loan made to a director through an employee benefit trust
The number of UK businesses using tax havens in the Caribbean and closer to home has halved as HMRC gets access to more data on whether they are genuinely operating
York-based media production company which designed stage sets for Ed Sheeran and Eurovision has won a research & development (R&D) tax relief dispute against HMRC’s assessments
As multinationals are required to disclose a full breakdown of taxes paid under public country-by-country reporting rules, the use of tax havens and profit shifting will be curbed, explains Greg Yates, senior ratings manager, Fair Tax Foundation
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