The Government has launched a consultation on how a worldwide 15 per cent minimum corporation tax can be implemented domestically, in a move designed to tackle avoidance and ensure a more level playing field for UK businesses.
Small and medium-sized enterprises (SMEs) that do not use Making Tax Digital (MTD) for VAT make more errors than those that do, a major study has revealed.
It should perhaps be no surprise given the circumstances of the pandemic that individuals and businesses might have incurred penalties for late tax payments.
The rate of interest charged on late payments by HM Revenue & Customs (HMRC) has increased, it has been announced.
According to HM Revenue & Customs (HMRC), over 31,000 Self Assessment tax returns were submitted between Christmas Eve and Boxing Day.
Temporary legislation permitting outdoor markets and marquees will be made permanent, the Government has confirmed.
The Government has launched a crackdown on bosses who dissolve their companies to avoid paying their liabilities, with rogue directors facing disqualification for up to 15 years or even prosecution.
If you are planning on treating staff this Christmas, here’s a brief guide to the tax rules for the 2021/22 financial year.
As a consequence of the ongoing pandemic, many employees have reassessed what they value in their work life.
Almost one in six employers found to have paid staff less than the minimum wage did so because they did not pay the correct rate to apprentices, a major study has revealed.
