The taxman is spending £370,000 sponsoring a TV show aimed at the 4.7m UK
businesses which form the bedrock of the UK economy.
HM Revenue & Customs is backing Channel Five’s “The Business Inspector”
programme, a troubleshooting series transforming failing small companies,
in a bid to encourage good-record keeping and close the tax gap.
£6bn is lost from the Exchequer each year because of failure to take proper
care in record-keeping and the bulk of that is through SME errors, an HMRC
The show, airing on 10 March, will be presented by self-made haulage
millionaire Hilary Devey who will tackle two struggling small British businesses
The businesses featured will include one man bands, kitchen table
entrepreneurs and struggling businesses run by talented individuals.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states