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Tax | SNP calls on HMRC to investigate VAT breaches at head office

First minister of Scotland asks HMRC to investigate potential VAT breaches after Peter Murrell, former CEO of Scottish National Party (SNP), used fake invoices and accounts to hide embezzlement, classifying items such as a camper home as a van for business use

8 Jun 2026

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Tax | ‘Who can we tax to pay benefits’, minister messages Mandelson

Second batch of Mandelson files reveal WhatsApp messages warning against ‘creating shadow Treasury’ and minister complains about too many meetings with backbenchers about raising taxes to pay for more benefits

2 Jun 2026

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Tax | ‘Taxes are high and getting higher’, warns Blair

Former prime minister warns government against further tax rises stating ‘measures have given headwinds not tailwinds to British business’

27 May 2026

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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

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Tax | Four-month fuel duty freeze to cost £750m

Chancellor extends 5p fuel duty cut until end of year, in move expected to cost taxpayer at least £750m in lost revenue

20 May 2026

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Tax | Reshuffle at Treasury after Wes Streeting resigns

Third chief secretary to the Treasury in less than two years as City minister Lucy Rigby promoted to number two as James Murray moves to health

15 May 2026

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Business | Accountancy sector growth up 9.5% as GDP holds up

March saw GDP hit 0.3% as impact of conflict in the Gulf did not dampen growth while accountancy sector reported record growth up nearly 10%

14 May 2026

Accountancy Firms

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Tax | Angela Rayner pays £40k underpaid tax but no penalty

Former deputy PM settles tax dispute over underpaid stamp duty on second property after HMRC decides Angela Rayner ‘acted with reasonable care’

14 May 2026

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Business | King’s Speech outlines closer trade ties with EU, less red tape

In a turbulent week for the prime minister, King’s Speech sets out legislative programme with plans for closer ties to EU in a major re-set, late payment clampdown, less costly and onerous levels of red tape from regulators to drive innovation, and digital ID cards are back

13 May 2026

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Tax | Former chancellor Gordon Brown returns to Downing Street

After heavy election losses, prime minister Sir Keir Starmer welcomes back former chancellor Gordon Brown in ‘unpaid part-time role’

11 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

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Tax | Trump corks tariffs on Scottish whisky ‘in honour’ of King’s US trip

Donald Trump says US will remove tariffs and restrictions on all Scottish whisky as industry states it was ‘badly impacted by recent trade tariff decisions’

1 May 2026

International Tax

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Business | Last ever day in Lords for accountant hereditary peers

Peers from House of Lords removed with inherited titles include former Big Four and ICAEW chartered accountants

29 Apr 2026

Accountancy Firms

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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

International Tax

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Tax | Portrait of contemplative chancellor Reeves revealed

The Parliamentary Art Collection has acquired a portrait of Rachel Reeves, marking recognition as first woman to ever hold the job of chancellor in this country

23 Apr 2026

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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

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