Cladding remediation works which are carried out on existing residential buildings can be zero rated for VAT, HMRC has confirmed, as long as the remediation has a ‘direct and immediate link to...
Almost half of mid-market businesses are considering salary sacrifice schemes as a means of mitigating the impact of Budget tax changes coming into force from April, a new survey has found....
HMRC will not appeal the First-tier Tribunal decisions on contracted out and subsidised research and development expenditure in Collins Construction Ltd (TC9358) and Stage One Creative Services...
The number of people using HMRC’s worldwide disclosure facility to admit they have failed to pay tax on offshore assets rose by 22% to 5,643 in 2024, up from 4,630 the previous year, according...
In the past few months readers may have noticed some differences to the look of HMRC’s website. There is, for example, no longer a general heading for employers or VAT on the home page.
The...
Economic forecast
The Office for Budget Responsibility has been commissioned for an economic and fiscal forecast which will be published on 26 March 2025. This will be accompanied by a statement to...