Tax take rises by almost 5% in 23-24 but income taxes jump by 10% Read More...
View articleThis decision marks a strategic shift from the previous leadership's direction, aiming to strengthen the PwC tax brand and realign with traditional in...
View articleTens of thousands of businesses could potentially miss out on vital research and development (R&D) tax relief. New requirements for companies to p...
View articleStevie Heafford, Tax Partner at accountancy firm HW Fisher highlights five ways individuals can prepare, including the allowances they should maximise...
View articleAs the tax year ends on April 5, 2024, individuals and accountants can optimize financial strategies through pension contributions, charitable donatio...
View articlePwC's Australia tax scandal has led to significant changes, including over 300 job cuts and the refusal to share a crucial report with Australian parl...
View articleRegulation needs careful consideration to ensure fairness and proportionality for taxpayers and agents Read More...
View articleWorking parents can save on Easter childcare with the Tax-Free Childcare scheme. Read More...
View articleHMRC's MTD ITSA pilot, launching on 22 April 2024, aims to modernize the UK tax system by requiring digital record-keeping and quarterly updates for s...
View articleThe UK Budget 2024 brings tax changes for businesses! Dive in to understand how reduced National Insurance Contributions and Capital Gains Tax adjustm...
View articleThe pace of change in the corporate tax world has never been faster. New technologies, regulations and business models emerge daily, radically reshapi...
View resourceThe amount of tax saved by businesses through HMRC’s Patent Box scheme has increased by 23% over the last five years, from £1.14 billion in 2017/18 to...
View articleWhat if tax and compliance reporting were all in the same place? Read More...
View articleAs we get closer to the Budget and there is talk of public spending reduction to fund his proposals, we think a cut by the Chancellor to the headline ...
View articleThe tool, Ask Blue J, will revolutionize tax research, allowing KPMG to predict tax outcomes and ask detailed tax-related questions. Read More...
View articleUK tax policies are restricting business growth and innovation, according to new research by UK top ten accountancy and advisory firm Azets. With just...
View articleThe tax AI assistant tool cross references and has been trained on case law, legislation and other underlying sources, together with PwC UK’s own IP R...
View articleHMRC has collected £1bn in extra revenue from investigations into underpaid landfill tax over the past 5 years, with £281m collected in the las...
View articleAmidst complex regulations and a crackdown on fraud, UK accounting firms are increasingly turning to outsourcing as a strategic approach to ensure com...
View articleThe House of Lords Economic Affairs Finance Bill Sub-Committee has published a report today (February 1) raising concerns over the Government’s ...
View articleHMRC tax investigations into individuals and small businesses have increased in the last year from 232,000 in 2021/22 to 248,000 in 2022/23*, accordin...
View articleUK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...
View articleThe legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...
View articleThe upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleAccountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...
View articleAs the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...
View articleWill the absence of these clearances increases the risk of discovering tax liabilities after the dissolution of the company, leading to financial burd...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
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