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Tax

Celebrations

Treat your staff to a tax-free home office party

Tax perks are available for ‘home office’ parties Firms wanting to thank their staff at Christmas are being advised to back their local hospitality enterprises by taking advantage of HMRC’sRead More

Chancellor looks to raise funds

Sunak reviewing changes to capital gains tax

Rishi Sunak
Rishi Sunak: tax on the agenda Chancellor Rishi Sunak is considering a tax raid on the wealthy as he seeks ways of recovering the costs of the pandemic. The capitalRead More

'Unjust' move

Self-employed may pay for support they didn’t get

Rishi Sunak
Rishi Sunak is proposing to raise taxes Chancellor Rishi Sunak’s proposed autumn tax raid would see more than a million self-employed workers pay for support they never received, it hasRead More

Treasury's shock demands

Tax hike bombshell to pay for Covid crisis

Rishi Sunak
Rishi Sunak and Boris Johnson may be loggerheads over tax Taxpayers are likely to be hammered to pay for the cost of dealing with the Covid emergency, according to WhitehallRead More

Income holds up

Treasury tax receipts ‘almost back to normal’

Rishi Sunak
Rishi Sunak: focus on job retention Despite the economy taking a severe battering during the lockdown, government statistics reveal that tax revenues have almost recovered to normal levels. Total taxRead More

Modernising system

Small firms to digitise tax returns from 2022

Making Tax Digital
The changes will now impact smaller firms Britain’s smallest companies will fall within the UK government’s tax digitisation programme from 2022. VAT-registered businesses with a taxable turnover above the VATRead More

Simplification plan

Sunak orders review of capital gains tax

Rishi Sunak
Rishi Sunak: wants CGT to be fit for purpose Chancellor Rishi Sunak has called for a review of capital gains tax as he looks to claw back money spent proppingRead More

Call for change

‘Replace business rates with online tax,’ say firms

Amazon parcels - Amazon website
Firms say online rivals have an unfair advantage More than eight in ten executives believe that the business rates system should be replaced with an online sales tax, according to newRead More

As Finance Bill passed...

FreeAgent chief says MPs missed chance to help contractors

Ed Molyneux
Ed Molyneux: many freelancers will be disappointed A Scottish entrepreneur says MPs have missed an opportunity to help millions of freelancers and contractors by failing to defer a controversial taxRead More

Tightening on eligibility

Companies facing crackdown on government support

Richard Leonard
Richard Leonard: ‘We cannot go back to business as usual’ (pic: Terry Murden) Companies operating in Scotland which are registered in overseas tax havens must not receive financial support fromRead More