Tax reliefs offered to charities urgently need an overhaul, according to the Charity Tax Commission.The report, Reforming charity taxation: towards a stronger civil society, sets out several...
In 2018-19, £1.1bn was paid out across all of the creative industries tax reliefs, according to the HMRC’s latest statistics. This is an increase from £0.9bn in 2017-18. Since the...
Using data from income tax records, new research from the Institute for Fiscal Studies (IFS) shows the scale of the gulf between the well off and the very richest. Someone with a pre-tax income of a...
Businesses that missed the deadline for signing up to MTD for VAT and were unable to file their VAT return using MTD software will not be penalised as long as they filed the VAT return on time using...
TransparencyThe Organisation for Economic Co-operation and Development global forum has published nine new reports from the second round of peer reviews assessing compliance with the international...