Official data published showed that almost a third of energy companies operating in the North Sea was paid millions in ‘negative tax’ by HRMC in the 2019-20 tax year
HMRC tax investigations are targeting football clubs, players and their agents for millions in underpaid tax, particularly from lucrative transfers and image rights
Plans to introduce a global minimum corporate tax rate will have repercussions for users of tax treaties, warns León Fernando Del Canto, an expert in international tax and head of Del Canto Chambers
Pub group, J D Wetherspoons is to cut the price of all food and drinks in its pubs by 7.5% on Thursday 23 September to highlight the benefit of a permanent VAT reduction in the hospitality industry
A one-off 99% levy on billionaires’ wealth gains during the pandemic could pay for everyone on the planet to be vaccinated against Covid-19, claims Oxfam
A developer linked to several stalled construction sites in Liverpool and under investigation by the Serious Fraud Office has been hit with a tax bill of more than £1.7m
Stephen Relf, CTA, FCA, lead tax writer at Croner-i, examines the impact of the government’s plans to change the taxation year for sole traders and partnerships
Property landlords can now take advantage of the most attractive tax incentive for business investment ever offered by the British government, but they need to move fast, according to financial advisers Old Mill
Despite talk of reforming capital gains tax, the March Budget swerved the issue, but the autumn statement may give the Chancellor the opportunity to tighten the rules, argue Eddie Bines and Greg Pollock from restructuring specialists Kroll
HMRC’s elite Offshore, Corporate, and Wealthy (OCW) Unit secured convictions totalling 67 years last year which is nearly treble the total of just 23 years secured the year earlier
The Department for Work and Pensions (DWP) has paid £87.9m to HMRC after a review of its IR35 compliance procedures revealed that it had incorrectly assessed the employment status of its contractors
The total amount of income tax paid in Scotland was £11.8bn, up 2.4% from the previous year and in Wales the tax take was £4.6bn, 2019-20 figures from HMRC reveal
A meat tax would cost the UK around £242m a year according to a new study and the savings resulting from reduced climate emissions is estimated at £100m per year
The Association of Taxation Technicians (ATT) is calling for a delay to a major change in how trading profits are assessed for tax purposes, as well as appealing for more consultation time and a clear roadmap leading up to the proposed introduction of the proposals
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