Gordon Brown has received a boost ahead of his pre-budget report, with signs
that UK public finances are in better than expected health.
In the month of October, the public sector current budget was in surplus by
£4.1bn. At the same time last year, there was a deficit of £0.4bn.
The Office for National Statistics put last month’s improvement down to a
23.4% increase in corporation tax receipts.
Between April and October, the public sector recorded a deficit of £10.8bn,
down on £18.4bn for the corresponding period last year.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed