In a bid to drive investment in start-ups, the Chancellor announced that the level of tax-free investment in seed enterprise investment schemes (SEIS) will increase to £250,000
The Chancellor has targeted 2.5% growth and to support this has announced the creation of investment zones, offering substantial tax breaks for businesses
HMRC is reminding sole traders and partnerships that the rules for income tax in a self assessment return are changing for the tax year 2023 to 2024 onwards
The total tax take has soared by £31bn in the last five months as revenues hit £310.9bn, with significant increases in income tax and inheritance tax receipts
A Chinese takeaway has lost an appeal at First Tier Tribunal (FTT) over a dispute with HMRC relating to inaccuracy penalties for corporation tax and VAT
In our regular Q&A, Croner-i tax adviser Vivienne Cheung explains how the research and development (R&D) tax credit cap works in line with PAYE liability
HMRC is trialling new functionality providing granular permissions for agent services accounts (ASA) to allow accountancy firms to control which staff have access to client tax accounts
The tax collected from VAT in the UK has risen by 60% over the last decade, increasing from £98bn to £157bn in the last year, according to Thomson Reuters