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HMRC collects more than £30 billion worth of extra tax in last financial year
6 Aug 2018

New figures from HM Revenue & Customs (HMRC) have revealed that the tax authority brought in a total of £605.8 billion in the year to April 2018 – an increase of nearly £30 billion on the previous year.

UK’s tax gap continues to fall
5 Jul 2018

Figures released by HM Revenue & Customs (HMRC) show that the UK’s tax gap – the difference between tax owed and actual receipts – is continuing to fall. The Revenue has revealed that the tax gap for the 2016-17 tax

Small businesses say the Government should simplify business rates
5 Jul 2018

A survey has revealed strong support from the UK’s small business community for measures to simplify business rates. A total of 71 per cent of the small businesses questioned said business rates should be simpler and have a greater degree

Professionals call on Treasury not to lower VAT threshold before MTD and Brexit
5 Jul 2018

The Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation (CIOT) has called on the Treasury to resist pressure to reduce the VAT threshold from its current £85,000 until after the implementation of Making Tax Digital (MTD)

A quarter of dads may be missing out on paternity pay, according to a new report
5 Jul 2018

The TUC has launched a new campaign calling on the Government to extend paternity pay to more workers, after discovering that a quarter of fathers may be missing out. It found that of the 620,000 new working dads last year,

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Spring Budget 2018