After HMRC minister James Murray MP was promoted to number two at the Treasury as chief secretary in this week’s mini reshuffle, he had to quit as chair of the HMRC board
Rachel Reeves has announced she will be presenting this year’s Autumn Budget on Wednesday 26 November after Keir Starmer shuffled his cabinet around earlier this week
The UK may be back in the sights of the US president after threats on Truth Social to charge additional tariffs on countries charging digital services taxes
Refusal to raise income tax for working people to balance books is forcing the chancellor to review radical tax raising measures with a hike in property tax the latest option
As HMRC dropped its ‘transformation roadmap’ last week a small section of the lengthy document confirmed Making Tax Digital (MTD) for Corporation Tax has been canned
The Treasury minister responsible for HMRC has urged those ‘knowledgeable’ about Making Tax Digital (MTD) to share what they know as it ‘is not something government can do’
As pressure from the Left builds on the chancellor to introduce a wealth tax in the UK, there are surely better ways to raise tax receipts such as CGT rebasing for IHT or a review of RNRB, says Chris Etherington, tax partner at RSM
With speculation for tax changes at the Budget already running rife statistics show targeting the three main taxes with 1p rises could raise over £66bn