Low corporate tax rates can promote healthy levels of competition, encourage investment and create jobs, yet certain leading countries still maintain extremely high corporate tax rates. Businesses are constantly making pleas for reduction in their [...]
Demonstrations have been held across the UK by protesters opposing the new ‘bedroom-tax’ that is being introduced as one of the changes to the countries benefits system. Glasgow saw one of the largest marches with [...]
The tax office has announced it will extend its close monitoring of individuals and businesses who have deliberately evaded paying tax. Those suspected of tax evasion will have up to their last five years of [...]
Although he pleased many by lowering the tax on beer, George Osborne has been criticised by others for increasing Air Passenger Duty (APD), also known as air tax. APD has increased every year for five [...]
HMRC Enquiry Centres to be replaced with home visits HMRC are set to pilot a new support service that will provide mobile, one-to-one support for customers who require assistance with their tax affairs. The service [...]
Travel Expenses For The Employed Most people who are employed and incur expenses whilst travelling for work purposes are entitled to tax relief. Travel expenses include claiming business mileage, public transport costs and sometimes subsistence [...]
You may be entitled to a council tax rebate if you have been paying too much council tax. This can happen if your property is revaluated and you are placed in a lower tax band. [...]
From April the UK’s Council Tax system will undergo changes. One of these changes will be Council Tax Benefit being replaced by Council Tax Reduction Schemes. The new Council Tax Reduction Schemes are being introduced [...]
Payroll reform postponed by tax office After protests from small businesses, HMRC has chosen to postpone its planned overhaul of payroll taxes after concluding that companies are not yet prepared to face the changes. The [...]
Taxes: A Guide For Business Owners For a new business owner, taxation is one of the biggest headaches. Not just paying it, but understanding the many different taxes which will affect your firm. The fear [...]