The amount invested in venture capital trusts (VCTs) in 2022-23 was £1.08bn, the second highest on record, according to figures from the Association of Investment Companies...
Between 17 April and 2 June, the agent dedicated line (ADL) will only answer calls relating to self-assessment late filling penalties and appeals and PAYE coding enquiries. The ADL...
Taxation is delighted to announce the shortlist for the 2023 Taxation Awards.Congratulations to all those included on the list and commiserations to those who didn’t make it...
HMRC has updated its guidance on selling or closing a company to include information about when a dissolved company has been struck off the Companies House register. It confirms...
The government is exploring whether a carbon border adjustment mechanism (CBAM) would be a suitable policy measure to mitigate carbon leakage risk in the future. A CBAM would apply...
HMRC is increasing interest rates for late payments for most taxes, after the Bank of England’s decision to increase the base rate to 4.25%.From 3 April 2023, the rate for...
From 6 April 2023, it will not be possible to download a self-assessment tax return form from GOV.UK.HMRC is writing to about 135,000 taxpayers who file paper returns to tell them...
Most UK VAT registered businesses (71%) consider that business taxes, including VAT returns, are too complex and confusing, according to new research from tax compliance technology...
The government confirmed its plans to introduce a drink deposit returns scheme for bottled and canned drinks in the recent Budget.HMRC is consulting on the draft regulations on...
HMRC’s ‘offshore, corporate and wealthy’ unit (OCW) opened criminal investigations into 25 individuals over suspected serious criminal tax frauds last year,...
Finance Bill
The Finance Bill and explanatory notes have been published. It is officially known as the Finance (No 2) Bill, because it is the second Finance Bill of the 2022-23...