Tax

Low income earners need better tax deal, says LITRG

The Low Income Tax Reform Group (LITRG) is calling for a “better deal” for low income taxpayers in the UK,…

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Lower taxes aiding UK tourism, says UHY

The UK is reportedly “doing more” to support its tourism industry than other European countries due to having lower taxes,…

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Tax rate of UK’s biggest companies at 10-year high pre-Covid

The total tax rate for the UK’s biggest companies was at a 10-year high before Covid-19 struck, according to PwC.…

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Taxpayers could face increased tax bill in January

Taxpayers could face a tax bill “twice its normal size” next month, due to the previous deferral of a 31…

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Arcadia collapses into administration, 13,000 jobs at risk

Arcadia Group has collapsed into administration, placing 13,000 jobs at risk.  It comes as the retail empire, owned by Sir…

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Tax avoidance schemes rise by over a third

The number of people using tax avoidance schemes in the UK has risen by 36% in the last five years,…

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MPs call for delay in tax rises

A group of northern Tory MPs have urged Chancellor Rishi Sunak to not raise taxes in this current parliament, according…

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CIOT appoints Gary Ashford as new VP

Gary Ashford has been appointed to serve as the new vice president of the Chartered Institute of Taxation (CIOT), as…

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Research finds 83% businesses hope to freeze corporate tax rises

83% of Owner Managed Businesses (OMBs) want the government to freeze corporate tax increases until the economy has fully recovered,…

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Wales reports £300m in tax revenue

Wales has raised over £300m in tax revenue, according to statistics from the Welsh Revenue Authority’s (WRA) report and accounts…

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