Current VAT threshold poses threat to small business growth, FSB warns January 16, 2024 The Federation of Small Businesses (FSB) said today that an increase from £85,000 to £100,000 would be "key" to unleashing those who may be stuck in "economic firepower".
A success or not, Scotland’s tax hikes showcase the benefits of devolution January 16, 2024 Tax devolution allows for invaluable experimentation and dynamism that Britain's economy desperately needs, writes Tim Sarson.
Post Office warned it could face insolvency over £100m tax bill January 14, 2024 Fears over the Post Office’s finances are growing as it emerged it claimed tax relief on compensation payouts.
Evasion clampdown: Treasury to make £12.7bn from new global minimum corporation tax January 11, 2024 The Treasury expects that it will make nearly £13bn from the new global minimum corporation tax, which went live at the beginning of the year.
Fujitsu staff at HMRC to strike next week in shadow of Post Office Horizon scandal January 11, 2024 Fujitsu staff contracted to HMRC are set to strike next week, amid building pressure on the IT firm which supplied the faulty Horizon software at the heart of the Post Office scandal.
HMRC: Accountants urge Brits to fight taxman as penalties spike to new record January 10, 2024 The value of HMRC tax penalties surged by 25 per cent between 2022 and 2023 to its the highest level on record, new data has shown, as the government faces criticism for unfairly fining struggling businesses.
Spring Budget 2024: Sunak pledges to slash taxes ahead of March statement January 7, 2024 Prime Minister Rishi Sunak has repeated his promise to continue cutting taxes ahead of a March 6 budget. “I’m going to be crystal clear. My priority is cutting taxes,” he said.
What are the big political events coming up in 2024? December 30, 2023 From the US presidential race to the London mayoral contests, there’s a lot on the horizon to keep politicos busy in 2024.
Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says December 22, 2023 Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.
Private sector AI forum to launch in January, No10 announce December 20, 2023 A new artificial intelligence (AI) opportunity forum to explore private sector adoption of the technologies will launch in the new year, No10 have confirmed.