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The extra tax is due to reforms introduced in 2015 to tackle profit diversion.
The Chancellor and Financial Secretary to the Treasury thank the OTS and to respond to its report.
No evidence of aircraft VAT avoidance in the Isle of Man but further compliance checks should be implemented, finds Treasury review.
First published during the 2019 to 2022 Johnson Conservative government
Many of the 1.2 million businesses affected by the new rules will be required to submit their first quarterly return to HMRC using software by 7 August.
This legislation, which implements tax policies announced in recent fiscal events, continues the government’s commitment to a competitive and fair tax system.
First published during the 2016 to 2019 May Conservative government
The new financial year starts this week, with around 35 tax, benefit and pensions changes coming into effect.
New digital tax system to give more than one million businesses more financial control.
1.8 million workers earning the National Living Wage will receive an additional £690 over the year from today.
When the new tax year starts in April, changes in the tax system will put more money in your pocket and help you keep more of your wages. Here’s information about how you might benefit.
A radical reshaping of financial advice services used by pension schemes for long-term investment strategies will benefit millions of savers and boost the nation’s £1.6 trillion retirement assets, under plans unveiled by the…
The Department for Work and Pensions, The Pensions Regulator and HM Treasury response to the Competition and Markets Authority investment consultants market investigation.
Finance and accounting decision makers have admitted they lose paper receipts as HMRC encourages businesses to join Making Tax Digital.
The Finance Bill 2018-19 receives Royal Assent.
Proceeds of the new surcharge would be put towards measures to tackle rough sleeping.
A new government service allowing start-ups to jointly register their company and register for tax has been used 200,000 times.
The Chancellor has written to thank the OTS and respond to its review on simplifying tax relief for fixed assets.
Soft drinks manufacturers and traders have paid an extra £153.8 million in tax since April, statistics published by HM Revenue and Customs (HMRC) reveal.
The Chancellor has presented his Budget to Parliament – here's a summary of what was announced.
The FBR-HMRC Memorandum is part of wider support for Pakistan’s tax reform provided by UK through the Department for International Development (DFID).
A pilot for a new online VAT service was launched today, with HMRC inviting more than half a million businesses to try it ahead of new rules coming into force in April 2019.
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