Demand Increasing For UK R And D Tax Breaks
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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.
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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.
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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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