Lowering business taxes is top priority for entrepreneurs
85 per cent of British entrepreneurs consider lowering business taxes their number one priority, according to a new Parliamentary study.Continue reading
HMRC: ongoing corporation tax crackdown is an ‘effective’ success
The ongoing crackdown on corporation tax is proving to be an ‘effective’ success, according to HM Revenue and Customs (HMRC).Continue reading
Struggling service sector affects the UK economy
Sluggish growth in the UK’s service sector is likely to mean a further slowdown in the economy in the second quarter of 2016.Continue reading
ATT attacks HMRC over ‘inefficient’ and ‘digitally distracted’ customer service
The president of the Association of Taxation Technicians (ATT) has criticised HM Revenue & Customs (HMRC) over its ‘inefficient’ customer service, and called for a complete Government rethink.Continue reading
SMEs turning towards alternative finance, says study
An increasing number of SMEs are turning towards alternative finance methods, according to a recent survey.Continue reading
UK businesses sending tax payments to incorrect HMRC bank account
Businesses across the UK and beyond have been unable to pay HM Revenue & Customs (HMRC) millions of pounds in corporation tax and VAT – after HMRC left them with the incorrect bank details to make their payments.Continue reading
Well-known businessman appointed to encourage young entrepreneurs
He’s hired! Lord Sugar has been appointed as the Government’s new “enterprise tsar”.Continue reading
HMRC reels in record-breaking £1.2bn in stamp duty
HM Revenue & Customs (HMRC) reeled in a record-breaking £1.2billion in Stamp Duty last month, from a total of 173,430 property transactions, according to the Taxman’s latest data.Continue reading
Customer service meltdown at HMRC cost taxpayers £97m
Difficulties getting hold of HM Revenue and Customs has cost the taxpayer the equivalent of nearly £100m and may have put some people at risk of debt.Continue reading
IEA accuses Oxfam of using Gift Aid to ‘escape tax liabilities’
The Institute of Economic Affairs (IEA) has accused leading charity Oxfam of using Gift Aid for tax avoidance, in a controversial online article which argued that using Gift Aid to transfer profits between subsidiaries was “an ingenious way to escape a tax liability”.Continue reading
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