Corporation tax revenues jumped by more than 20% in July, latest figures
The tax intake from corporation tax, the first instalment of which is always
due in July, increased by 21.4% on the previous year, the data reveals.
However, experts predicted that the increases would not be enough to satisfy
the chancellor’s optimistic forecasts for revenue growth, saying there was still
likely to be a shortfall.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay