Tax
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Feb- 2022 -8 February
Post-Covid recovery: where to employ tax increases
With the pandemic becoming more steadily controlled, the spotlight has shifted onto how the UK economy now plans to recover.…
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Jan- 2022 -31 January
Foreign firms responsible for a third of underpaid tax, analysis finds
HMRC believes that foreign-owned companies are responsible for 32% of all the underpaid tax by large businesses in the UK,…
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13 January
UK to discuss global minimum tax for multinational groups
The UK government has published a consultation seeking views for how a worldwide 15% minimum corporation tax should be domestically…
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Dec- 2021 -16 December
FRP Advisory sees H1 profits drop to £5.7m
FRP Advisory has reported that pre-tax profits for the six-month period ended 31 October 2021, dropped to £5.7m from £7.1m…
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14 December
Accountants spend 7 days getting clients MTD compliant
Accountants and bookkeepers are investing a “significant amount of time” getting clients compliant – but in the long-term, the new…
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13 December
UK tax receipts drop by over $90bn during pandemic
UK tax receipts have fallen by over $90bn (£67.9bn) in real terms to $728bn (£549.6bn) during the pandemic, from $819bn…
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3 December
VAT specialist enhances Thomas Westcott’s tax team
Thomas Westcott Chartered Accountants has appointed Becky Hayes with 20 years’ experience in VAT and other indirect taxes. Hayes joins…
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Nov- 2021 -30 November
CIOT urges gov to report environmental impact of tax measures
The Chartered Institute of Taxation (CIOT) has urged the government to report on the environmental impact of each of its…
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5 November
HMRC sees tax revenues fall by £27.9bn due to Covid impact
HM Revenue and Customs’ (HMRC) total tax revenue fell by £27.9bn in the financial year 2020-2021 due to the impact…
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Oct- 2021 -25 October
HMRC launches 3,600 investigations into IHT in past year
HMRC opened 3,574 investigations into Inheritance Tax (IHT) in 2020-21, netting an additional £254m in revenue, according to Pinsent Masons.…
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