HMRC’s large business directorate opened investigations into 184 of the largest EU companies operating in the UK in the last year – a 10% rise from 168 the year before...
The penalties for late filing of corporation tax returns are set to double from April 2026.
The government said filing penalties for corporation tax returns were set in 1998 and...
A call to gather views and evidence on tax policy support for investment in high-growth UK companies has been launched by the Treasury. It seeks views on the effectiveness of...
Finance BillThe Finance (No 2) Bill and accompanying explanatory notes have been published. The bill has 279 clauses and 23 schedules. It received its first reading on 3...
The government is removing the process in which employees can claim a deduction from income tax from HMRC if they have incurred additional household costs when being required to...
Any unused allowance for the 100% rate of agricultural property relief (APR) and business property relief (BPR) will be transferable between spouses and civil partners, including...
Taxpayers required to join making tax digital (MTD) from April 2026 will not be penalised for the late submission of quarterly updates during the 2026-27 tax year, the government...
From April 2029, employee pension contributions made through salary sacrifice will be capped at £2,000 a year. Employers and employees can still make contributions above...
The chancellor announced a two percentage point increase in the rates of income tax for most savings and dividend income, with a new separate rate for income from property, which...