Tax
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Oct- 2020 -13 October
OECD drafts $100bn digital taxation ‘blueprints’
The OECD has drafted a set of technical principles which could raise $100bn (£76bn) in global tax revenues from ‘big…
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7 October
Taxpayers face losses of £26m due to BBLS fraud
Taxpayers are facing losses of up to £26m on coronavirus Bounce Back Loans (BBL) as a result of fraud and…
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5 October
‘Stockbroker Belt’ has biggest income tax bills
The ‘Stockbroker Belt’ has dominated the UK’s top towns with the biggest income tax bills according to UHY Hacker Young.…
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Sep- 2020 -24 September
McGills urges businesses to use AIA relief before deadline
McGills Chartered Accountants has urged companies to “take advantage” of the Annual Investment Allowance (AIA) before the allowance is scaled…
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14 September
Insolvent companies cost taxpayers £250m
Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers…
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9 September
Amazon UK paid only 3% more tax on profits of 35% in 2019
Amazon UK paid just 3% more tax in 2019, compared with a 35% increase in profits it recorded during the…
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4 September
PwC duo appointed administrators of Nationwide Accident Repair
Racheal Wilkinson and Rob Lewis of PwC have been appointed joint administrators of Nationwide Accident Repair Services and several of…
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Aug- 2020 -28 August
Rising number of taxpayers declare income from overseas properties
The amount of rental income from overseas properties declared by UK taxpayers to HMRC jumped “dramatically” following a series of…
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27 August
Scottish tax revenues hit new record despite Covid-19 impact
Scotland’s tax revenues have continued to increase over the past year, despite being impacted by the initial effects of coronavirus.…
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25 August
KPMG appointed administrators to Calon operating companies
Jim Tucker and David Pike from KPMG’s Restructuring practice have been appointed joint administrators of a number of operating companies…
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