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Tax | Treasury will have to replace lost road tax revenues

The Treasury warns that taxes will need to be raised in order to cover the £37bn that will be lost from the reduced fuel duty and vehicle excise duty (VED) in the government’s net zero strategy

20 Oct 2021

Tax

Budget

Politics

Image for treasury kicks darlington recruitment drive

Tax | Treasury kicks off Darlington recruitment drive

The government has started a recruitment drive for roles at the new economic campus in Darlington, which will see Treasury staff relocated outside of London base to its first regional office

8 Oct 2021

Tax

Politics

Careers

Image for labour plans abolish business rates and hike dst

Tax | Labour plans to abolish business rates and hike DST

The Labour party plans to scrap business rates, hike the rate of digital services tax and review the tax system to remove a number of reliefs in a bid to close tax loopholes

27 Sep 2021

Tax

Business Tax

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Image for reshuffle sees jesse norman lose treasury job

Tax | Reshuffle sees Jesse Norman lose Treasury job

As part of the prime minister’s cabinet reshuffle a number of senior Treasury ministers have been replaced, while the Chancellor remains unaffected

17 Sep 2021

Tax

Politics

Tax | Autumn Budget set for 27 October

The Chancellor has confirmed that government spending plans will be outlined at the Spending Review on 27 October alongside a second Budget

9 Sep 2021

Tax

Politics

Image for 125 tax hike cover social care costs

Tax | 1.25% tax hike to cover social care costs

The launch of a social care levy from 2022 will see all taxpayers facing a 1.25% tax charge under government plans, while dividend tax will also rise

7 Sep 2021

Tax | AAT calls for action on contradictory taxes to achieve climate goals

Ahead of the COP26 climate conference this November, the Association of Accounting Technicians (ATT) has called on the UK government to take steps to make changes to tax policy in order to reach the goal of net zero by 2050

11 Aug 2021

Tax

Politics

Image for chancellor supports g20 progress global tax reform

Tax | Chancellor supports G20 progress on global tax reform

Chancellor Rishi Sunak has welcomed milestone progress on international tax reform during the two-day meeting of G20 finance ministers and central bank governors in Venice

12 Jul 2021

| BEIS committee criticise government’s plan for economic recovery

The UK government's plan for economic recovery after the covid-19 pandemic lacks clear direction, ministerial accountability and responsibility, and has no clear methods to measure its success says the Business, Energy and Industrial Strategy (BEIS) committee

29 Jun 2021

Politics

Business

Companies

Image for g7 finance ministers agree 15 global tax agreement

Tax | G7 finance ministers agree 15% global tax agreement

The G7 has agreed to back an international agreement on global tax reform which would see multinationals pay a global minimum tax rate of at least 15% in each country they operate

7 Jun 2021

Tax

Business Tax

Politics

Image for mps denied vote amend finance bill curb or kill umbrella companies

Tax | MPs denied vote to amend Finance Bill to ‘curb or kill’ umbrella companies

MPs were denied the opportunity to vote for amendments to the incoming Finance Bill to ‘curb or kill’ umbrella companies, prompting industry watchers to double down on calls for regulation

26 May 2021

Tax

Employment Tax

Politics

Image for ps1125m available final round tampon tax fund

Tax | £11.25m available in final round of Tampon Tax Fund

The UK government has made £11.25m available to charities supporting woman in the latest and final round of its Tampon Tax Fund

24 May 2021

Tax

VAT

Politics

Image for queens speech 2021 delivering national recovery pandemic

Tax | Queen’s Speech 2021: delivering a national recovery from the pandemic

The Queen’s Speech stated that the government’s main priority is to deliver a national recovery from the pandemic that makes the UK ‘stronger, healthier and more prosperous than before’

11 May 2021

Tax | Rachel Reeves named shadow Chancellor in Labour reshuffle

Labour leader Kier Starmer has appointed a new senior team in a shadow cabinet reshuffle after poor election results last Thursday

10 May 2021

Tax

Politics

Image for scotland would likely see tax rises after independence

Tax | Scotland would likely see tax rises after independence

A study by the Institute for Government (IFG) says Scotland would have to make ‘difficult fiscal adjustments’ if they went independent and would be forced to impose spending cuts and tax rises to balance the books

28 Apr 2021

Tax | PAC criticises Treasury on lack of environmental tax plans

The Public Accounts Committee (PAC) has criticised the Treasury as it has yet to set out how the tax system can help government achieve the UK’s net zero target by 2050

28 Apr 2021

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Business Tax

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Latest news

Tax | Treasury will have to replace lost road tax revenues

Tax | Treasury kicks off Darlington recruitment drive

Tax | Labour plans to abolish business rates and hike DST

Tax | Reshuffle sees Jesse Norman lose Treasury job

Tax | Autumn Budget set for 27 October

Tax | 1.25% tax hike to cover social care costs

Tax | AAT calls for action on contradictory taxes to achieve climate goals

Tax | Chancellor supports G20 progress on global tax reform

| BEIS committee criticise government’s plan for economic recovery

Tax | G7 finance ministers agree 15% global tax agreement

Tax | MPs denied vote to amend Finance Bill to ‘curb or kill’ umbrella companies

Tax | £11.25m available in final round of Tampon Tax Fund

Tax | Queen’s Speech 2021: delivering a national recovery from the pandemic

Tax | Rachel Reeves named shadow Chancellor in Labour reshuffle

Tax | Scotland would likely see tax rises after independence

Tax | PAC criticises Treasury on lack of environmental tax plans