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Image for global 15 tax rate has no force us says trump

Tax | Global 15% tax rate ‘has no force’ in US, says Trump

In one of his first actions as president, Donald Trump has ruled out the US ever adopting OECD plan for global minimum tax rate for the largest businesses

21 Jan 2025

Tax | MPs grill Treasury minister on credentials for HMRC chair position

In a probing Treasury Committee hearing, James Murray, the Treasury minister responsible for HMRC, was forced to justify why he was appointed chair of HMRC board

17 Jan 2025

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HMRC

Politics

Leadership & Management

Image for sage will provide free mtd income tax software says treasury

Tax | Sage will provide free MTD for income tax software, says Treasury

James Murray, Treasury minister responsible for HMRC has confirmed free Sage software will be available for Making Tax Digital for income tax, albeit a basic package

16 Jan 2025

Tax | Conservative call for emergency Budget shot down

The prime minister forcefully rejected calls from Conservatives for a second Budget at PMQs in parliament when grilled by the leader of the opposition

15 Jan 2025

Tax

Budget

Politics

Tax | Tulip Siddiq resigns from the Treasury

The MP for Hampstead and Highgate has resigned from her position as Treasury minister after intense pressure about her links to the ousted leader of Bangladesh

14 Jan 2025

Tax

Politics

Image for starmer says chancellor doing fantastic job

Tax | Starmer says Chancellor is doing ‘fantastic job’

At the launch of the government's artificial intelligence (AI) programme, the prime minister was forced to defend Rachel Reeves’ work as Chancellor

13 Jan 2025

Tax

Politics

Image for all money world could not fix crown court backlog

Business | ‘All the money in the world’ could not fix Crown Court backlog

Sir Geoffrey Clifton-Brown opened a Public Accounts Committee (PAC) hearing describing the extreme levels of backlogged cases reaching over 73,000 in 2024, leaving victims waiting years for an outcome

9 Jan 2025

Tax | Inflation adds 19% more farmers to inheritance tax

More farmers than forecast will face inheritance tax charges due to inflation on land prices and frozen reliefs

8 Jan 2025

Tax | ‘I have done nothing wrong’, says Treasury minister

MP Tulip Siddiq has referred herself to the ethics watchdog after being linked to the former Bangladeshi prime minister’s nuclear power plant deal with Russia

7 Jan 2025

Tax

Politics

Tax | Spring Statement set for 26 March

The Chancellor will deliver her Spring Statement to the House of Commons on Wednesday 26 March 2025

16 Dec 2024

Tax

Politics

Image for tax campaigner margaret hodge named anti corruption champion

Business | Tax campaigner Margaret Hodge named as anti-corruption champion

Renowned tax campaigner Baroness Margaret Hodge has been appointed as UK’s anti-corruption champion after decades of campaigning against tax avoidance by multinationals and use of illicit finance

10 Dec 2024

Leadership & Management

Image for trump tax reforms expats shaky ground

Tax | Trump tax reforms for expats on shaky ground

Plans to slash tax on Americans living abroad hinted at on the campaign trail by president elect Donald Trump are unlikely to get through Congress

11 Nov 2024

Tax

International Tax

Politics

Image for hospitality leaders hit back employer ps34bn nic hike

Business | Hospitality leaders hit back at employer £3.4bn NIC hike

Bosses at the country's top hospitality businesses are warning that the 1.2% rise in employer national insurance in April will inflict ‘unprecedented damage’

11 Nov 2024

Tax | Chancellor defends tax raising as ‘reset Budget’

In the Chancellor’s first appearance before the Treasury Committee, Rachel Reeves defended decision to increase national insurance for employers

8 Nov 2024

Tax | Mel Stride named as shadow Chancellor

One time Treasury minister Mel Stride has been appointed shadow Chancellor as new Conservative leader Kemi Badenoch's cabinet takes shape

5 Nov 2024

Tax

Politics

Image for what accountants expect tough budget

Tax | What accountants expect from tough Budget

Business & Accountancy Daily takes a look at some of the most likely announcements at Chancellor Rachel Reeves first Budget in the House of Commons on Wednesday

28 Oct 2024

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Budget

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Latest news

Tax | Global 15% tax rate ‘has no force’ in US, says Trump

Tax | MPs grill Treasury minister on credentials for HMRC chair position

Tax | Sage will provide free MTD for income tax software, says Treasury

Tax | Conservative call for emergency Budget shot down

Tax | Tulip Siddiq resigns from the Treasury

Tax | Starmer says Chancellor is doing ‘fantastic job’

Business | ‘All the money in the world’ could not fix Crown Court backlog

Tax | Inflation adds 19% more farmers to inheritance tax

Tax | ‘I have done nothing wrong’, says Treasury minister

Tax | Spring Statement set for 26 March

Business | Tax campaigner Margaret Hodge named as anti-corruption champion

Tax | Trump tax reforms for expats on shaky ground

Business | Hospitality leaders hit back at employer £3.4bn NIC hike

Tax | Chancellor defends tax raising as ‘reset Budget’

Tax | Mel Stride named as shadow Chancellor

Tax | What accountants expect from tough Budget