Proposals by UK opposition party Labour to increase corporation tax would reduce investment from multinational companies, two think tanks have said.

The European Court of Justice has ruled in favor of the taxpayer in a case concerning the value-added tax treatment of certain catering and entertainment services provided by a UK college as part of the higher education courses it provided.

Scotland should devolve council tax and business rates to local authorities, campaigners say.

It is all about European supervision and defending European jobs, says Manfred Weber.

All euro-denominated financial businesses should be moved out of London and into the European Union after the UK exits from the bloc, a top EU lawmaker said on Tuesday (4 April).

Speaking at a news conference in Strasbourg, Manfred Weber, the head of the conservative grouping, the European People…

New UK property and trading income allowances of GBP1,000 (USD1,246) each, which were announced in Budget 2016, came into effect on April 6.

The Chartered Institute of Taxation has issued a reminder to landlords that UK tax reliefs will begin to be reined in from April.

The UK is considering bringing certain non-resident companies within the scope of corporation tax where they have existing UK taxable income and/or gains from the disposal of certain UK residential property interests.

UK Chancellor Philip Hammond has backtracked on plans to increase National Insurance (social security) contributions for self-employed people.

The UK is to increase the lifetime investment limit for social enterprises to benefit from tax relief to GBP1.5m (USD1.82m) from the current three-year rolling limit of EUR344,000 (USD368,000).

The UK Government should clarify to what extent UK value-added tax rules will change post-Brexit and allocate resources to support businesses during the transition, the British Chambers of Commerce (BCC) has said.