Draft legislation will be published in the summer to implement the Organisation for Economic Co-operation and Development’s (OECD’s) pillar 2 framework in the UK, the...
The Northern Ireland Protocol Bill aims to amend the operation of the Northern Ireland protocol in the domestic law of the UK. It will disapply some elements and delegate powers to...
A growing number of FTSE100 companies are voluntarily disclosing total tax contributions and tax-related climate impact as part of their annual disclosures, according to a new PwC...
PensionsThe May edition of HMRC’s Pension schemes newsletter 139 has articles on: relief at source ― annual return of information for 2021-22; digitisation of relief at...
The government has confirmed that student loan interest rates will remain at 7.3% from September. A rise in the rate of RPI due to global economic pressures would otherwise have...
HMRC will be reviewing 2020-21 tax returns for individuals who, according to its information, have exceeded their business asset disposal relief or entrepreneurs’ relief...
The government’s plan to raise corporation tax to 25% for companies with profits above £250,000 next April means the UK will fall from sixth place to 21st in the global...
In 2019, UK taxpayers held more than £850bn in overseas bank accounts, of which £570bn was held in tax havens, according to figures received by Tax Policy Associates in...
Company directors who commit VAT fraud or fail to demonstrate procedures to prevent VAT fraud in the supply chain are being targeted by HMRC with a trader monitoring...
Only one in ten accountants are confident they can ensure their business grows its value over the next five years, according to new research from IRIS Software Group. This...
In April 2021, the market value of child trust funds was £10.4bn compared to £7.15bn in junior individual savings accounts (ISAs), according to HMRC's annual savings...
HMRC is urging individuals using a tax avoidance scheme provided by Peak PAYE Ltd to withdraw from it as soon as possible.This latest publication of a tax avoidance scheme promoter...