News Archive

Demand Increasing For UK R And D Tax Breaks

Uptake of the UK's research and development tax credit rose by almost a fifth during 2015-16, according to HM Revenue and Customs figures.

Hammond Promises British Firms Stable Tax Policies

UK Chancellor Philip Hammond has pledged to "promote taxpayer certainty," in response to the recommendations of the Office of Tax Simplification (OTS).

HMRC Reports On Litigation Results Last Tax Year

HM Revenue and Customs, the UK tax authority, has published information on the outcome of litigation concluded in the 2016-17 tax year against tax avoidance arrangements.

UK Law, Accounting Firms Contribute 2.5pc Of UK Taxes: Report

UK law and accountancy firms contributed 2.5 percent of all UK tax receipts in 2015/16, a report has found.

UK Considers Tax On Freeplay Gambling

HM Revenue and Customs (HMRC) is set to introduce a tax on the free bets and discounts that are offered by gambling companies.

HMRC Releases Tax Administration 'Strategy' Document

The UK tax authority, HM Revenue and Customs, has released a new strategy document, which sets out how it will transparently and consistently administer the tax regime.

UK Should Support, Not Penalize New Digital Tax Filers: CIOT

The UK tax agency should adopt a light-touch approach to penalizing taxpayers who fail to meet the new digital reporting requirements that will be introduced from 2019, tax experts have said.

Support For Low-Tax UK Policies Falling: Survey

Almost half of British taxpayers would support higher taxes to fund increased public spending on health, education, and social benefits, the highest level for more than a decade, according to a survey by the National Centre for Social Research (NatCen).

Future UK Tax Policy Uncertain, As May Focuses On Brexit

In a statement following the Queen's Speech, UK Prime Minister Theresa May discussed her Government's agenda in relation to Brexit and fleetingly discussed tax policy.

Concern After Uptick In UK Tax Credit Errors

HM Revenue and Customs, the UK tax agency, has reported that tax credit errors in claims from taxpayers have risen by more than a third in the space of a year.

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