Tax
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Aug- 2020 -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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21 August
Self-assessed income tax receipts down £4.5bn in July
Self-assessed income tax receipts hit decreased by £4.5bn to £4.8bn in July 2020 when compared with the same month last…
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20 August
Tax evasion deal value up 25%
The amount of extra tax collected by HM Revenue & Customs (HMRC) through agreements with tax evaders that give immunity…
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19 August
Millennial income tax hits ‘record’ high of £34.4bn
The amount of income tax paid by millennials hit a “record” high in the UK last year, soaring 13.4% to…
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17 August
Capital Gains Tax revenues hit ‘record’ £9.5bn
Capital Gains Tax (CGT) revenues hit a “record” high of £9.5bn in 2018-19, up from £8.8bn the year before, according…
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14 August
Tax breaks plough £1.11bn into creative industries
A total of £1.11bn was paid out in tax reliefs for the creative sector in 2019/20, according to newly-published statistics…
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12 August
Tax incentives on savings and investments hits ‘record’ high
Tax incentives granted on savings and investments in the UK hit a “record” high, rising by 3% to £25.6bn in…
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10 August
Administrators of Signature living’s Exchange Hotel resign
Kelly Burton and Lisa Hogg of Wilson Field have resigned from their position as joint administrators of the Signature Living’s…
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7 August
Coronavirus drives tax dispute appeals up 690%
The economic impact of Covid-19 has led to a “huge” 690% surge in tax appeals in England with 2,230 non-domestic…
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4 August
BDO leads DW Sports administration
DW Sports has collapsed into administration, placing around 1,700 jobs at risk. BDO announced that its restructuring partners, Graham Newton…
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