Hammond Promises British Firms Stable Tax Policies
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UK Chancellor Philip Hammond has pledged to "promote taxpayer certainty," in response to the recommendations of the Office of Tax Simplification (OTS).
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UK Chancellor Philip Hammond has pledged to "promote taxpayer certainty," in response to the recommendations of the Office of Tax Simplification (OTS).
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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.
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UK law and accountancy firms contributed 2.5 percent of all UK tax receipts in 2015/16, a report has found.
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HM Revenue and Customs (HMRC) is set to introduce a tax on the free bets and discounts that are offered by gambling companies.
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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.
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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.
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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).
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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.
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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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Investigations by HM Revenue and Customs into the corporate tax affairs of the UK's largest businesses yielded an extra GBP2.6bn (USD3.3bn) in revenue last year, according to figures obtained by international law firm Pinsent Masons.
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