Month: May 2016

Businesses across the UK and beyond have been unable to pay HM Revenue & Customs (HMRC) millions of pounds in corporation tax and VAT – after HMRC left them with the incorrect bank details to make their payments. Read More

He’s hired! Lord Sugar has been appointed as the Government’s new “enterprise tsar”. Read More

HM Revenue & Customs (HMRC) reeled in a record-breaking £1.2billion in Stamp Duty last month, from a total of 173,430 property transactions, according to the Taxman’s latest data. Read More

Difficulties getting hold of HM Revenue and Customs has cost the taxpayer the equivalent of nearly £100m and may have put some people at risk of debt. Read More

The Institute of Economic Affairs (IEA) has accused leading charity Oxfam of using Gift Aid for tax avoidance, in a controversial online article which argued that using Gift Aid to transfer profits between subsidiaries was “an ingenious way to escape a tax liability”. Read More

A new report has predicted that UK dividends will continue to fall over the course of 2016, after statistics revealed that dividends fell by five per cent in the first quarter of the year. Read More

A leading business group has said that SMEs and universities need to work more closely together to boost growth in the UK. Read More

A survey conducted by the Bank of England has suggested that George Osborne’s Stamp Duty Land Tax (SDLT) is unlikely to quash demand for buy to let investments in the long term. Read More

The UK employment rate has reached another high as wages increase and women retire later. Read More

HM Revenue & Customs (HMRC) has come under fire this week from a prominent barrister, who has criticised the taxman’s ‘unpredictable’ U-turns in tax rules as ‘arbitrary’ and ‘unfair’. Read More