Part of the current government’s economic strategy after leaving the EU is to create ten new ‘free ports’. Liz Truss, International Trade Secretary, this would lead to "thousands of jobs. Freedoms transformed London's Docklands in [...]
Yet another massive global company legally avoids paying UK Corporation Tax – for ten years. Not only that, but Grand Theft Auto owners have also claimed millions in Video Games Tax Relief from HMRC. How [...]
France and the UK are the first European countries to commit to implementing a Digital Services Tax (DST) on international online businesses. Why a new tax? As we have previously reported, truly global corporations can [...]
Why not add more? New taxes seem to be a good way to make up for our Tax Gap. This is an astonishing amount of extra tax money coming into the Treasury in just a [...]
The Office of Tax Simplification (OTS) recommends that inheritance tax rules are changed to make them easier to understand. The Chancellor commissioned this investigation by the OTS last year. What is inheritance tax? Inheritance tax [...]
Two candidates for Prime Minister: two different tax plans. How might they affect you? As you know, Mr Hunt and Mr Johnson are both in the process of promoting themselves to Conservative Party members, before [...]
A tax gap is the difference between the amounts of tax government should collect and the amount it is actually paid. It is the tax lost to the Treasury through tax evasion and avoidance, human [...]
The GMB’s recent report into Amazon’s working practices in the UK have been summarised by their General Secretary, Tim Roache: “Amazon are taking us for mugs. They must quite literally be laughing all the way [...]
This is the tax message that world finance leaders will be getting from the UK's Chancellor. G20 Finance Ministers and Central Bank Governors are meeting in Japan to discuss the future of the global economy. [...]
HMRC have updated their figures concerning the Marriage Allowance. They originally said that, in the last tax year, three million married couples and civil partners were claiming the tax allowance, with one million more eligible. [...]
