The HMRC Public Accounts Committee has been attacked by a committee of MPs for the way they have allowed some big businesses to settle their tax bills.
The Public Accounts Committee aired “serious concerns” about how some large settlements had …
Taxation
Taxation is a fast-moving, wide-ranging and common concern for all business people in the UK. We look at the intricacies of taxation for different types of business from sole traders to large organisations. Our blog articles about tax tackle the latest developments in the fields of taxation and tax accountancy with help and advice from our ex-HMRC tax consultants.
Simply get in touch if you’d like a free initial consultation to discuss how we can help you with all aspects of taxation.
Read our taxation posts below for all the latest about tax in the UK.
Taxation Posts
The tax office is unaware how it is spending money on training and development, the National Audit Office (NAO) has said.
A report has found that £96 million was spent on skills training in 2010/11 but very little of that …
HMRC crackdown on the fashion industry – Read about it below in our article.
Fashion companies who use unpaid interns not being paid the national minimum wage will be targeted by HMRC.
A 12 person task force will make unannounced …
HMRC are to send letters to medics and dentists this week in the next phase of its Tax Health Plan, which was originally launched in 2008 as an amnesty to unpaid tax.
This week though the 2,500 letters to be …
The government has not calculated how much money reforms to the personal tax system will cost, Exchequer secretary David Gauke has said.
The government is trying to help the public understand how the tax system works and allow taxpayers the …
Article about the backlash over MPs’ secret deals with bankers.
A rewrite of reasonable doubt policy for the late filing of self assessment tax returns seems imminent following a the opinion of a judge who may have influenced the HMRC stance on penalties. Having been heavily told off by the …
So it has finally happened – Australia is taxing carbon. This article in the Guardian explores the implications and political fallout from the introduction of the carbon tax. Could it be copied by the UK government which would see a
Chancellor George Osborne has ruled out tax cuts until the government are in a position to do so, he told delegates at the Conservative Party conference.
He has been urged by the opposition to cut VAT and has been under …
Chancellor George Osborne is set to announce a £100 million tax break for entrepreneurs who want to invest in the UK’s fastest growing businesses.
He plans to raise income tax relief from 20 percent to 30 percent for Enterprise Investment