Economy
Inflation slows to 2% in July
Wednesday, 18 August 2021, 10:27
Inflation slows to 2% in July
Inflation slowed to 2% in July down from 2.5% the previous month, according to the latest figures from the Office…
HMRC targets football clubs for £45m in underpaid tax
Wednesday, 18 August 2021, 10:25
HMRC targets football clubs for £45m in underpaid tax
HMRC tax investigators are reportedly targeting football clubs for £45m in underpaid tax, according to data provided by HMRC to…
HMRC adds director general for customer strategy and tax design
Tuesday, 17 August 2021, 9:57
HMRC adds director general for customer strategy and tax design
HMRC has announced the appointment of Jonathan Athow as the body’s new director general for the customer strategy and tax…
HMRC recovers over £100m in tax arrears from govt departments
Tuesday, 17 August 2021, 9:54
HMRC recovers over £100m in tax arrears from govt departments
HMRC has reportedly recovered tax and National Insurance arrears of nearly £88m and £33m from the Department of Work and…
HMRC SDLT investigations plummet 75%
Friday, 13 August 2021, 9:56
HMRC SDLT investigations plummet 75%
The number of Stamp Duty Land Tax (SDLT) tax investigations carried out by HMRC has fallen by 75% in the…
UK economy surges 4.8% in June
Thursday, 12 August 2021, 9:31
UK economy surges 4.8% in June
The UK economy grew by 4.8% in June as Covid-19 restrictions surrounding retail and leisure were eased across the UK,…
Households hit with £1bn in repayments if interest rates rose by 0.25%
Friday, 6 August 2021, 14:32
Households hit with £1bn in repayments if interest rates rose by 0.25%
UK households would be hit by an “immediate increase” in interest payments of £976m if interest rates were to rise…
HMRC reveals almost 800,000 WFH tax relief claims made since April
Tuesday, 3 August 2021, 9:53
HMRC reveals almost 800,000 WFH tax relief claims made since April
Since April, almost 800,000 employees who have been working from home during the pandemic, have claimed tax relief on household…
HMRC reminds tax credit customers to renew before deadline
Friday, 23 July 2021, 15:38
HMRC reminds tax credit customers to renew before deadline
HM Revenue and Customs (HMRC) has reminded more than 300,000 tax credits customers they have until 31 July 2021 to…
ATT calls for delay to profit tax changes
Friday, 23 July 2021, 10:10
ATT calls for delay to profit tax changes
The Association of Taxation Technicians (ATT) has called for a delay to a “major change” in how trading profits are…