Royal Society says Climate Change Levy must go
Corporate Tax

Royal Society says Climate Change Levy must go

23y Larry Schlesinger

Royal Society says Climate Change Levy must go

The government's controversial energy tax has been slammed by one of the UK's foremost scientific body, which says it should be replaced by a carbon t...

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Revenue under fire over IT problem
Administration

Revenue under fire over IT problem

23y Accountancy Age

Revenue under fire over IT problem

The Inland Revenue has been critised for taking three years to fix a problem with its computer systems which caused it to overpay £82m of tax rebates....

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Tax exemption for British Legion clubs
Corporate Tax

Tax exemption for British Legion clubs

23y Adriana Zea

Tax exemption for British Legion clubs

Fresh from Monday's Armistice Day commemorations, British Legion clubs are among thousands of bodies who will find themselves in the zero-rate corpora...

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M&S in £30m tax battle with Inland Revenue
Administration

M&S in £30m tax battle with Inland Revenue

23y David Rae

M&S in £30m tax battle with Inland Revenue

Marks & Spencer will take the Inland Revenue before Special Commissioners later this month in an attempt to reclaim £30m in corporation tax. Read ...

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Plaid Cymru proposes corporation tax cut
Corporate Tax

Plaid Cymru proposes corporation tax cut

23y Liesbeth Evers

Plaid Cymru proposes corporation tax cut

Welsh political party Plaid Cymru is set to propose drastic cuts in corporation tax to address the region's poor economic performance, stimulate start...

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Online self-assessment needs accountants
Personal Tax

Online self-assessment needs accountants

23y David Rae

Online self-assessment needs accountants

If the Inland Revenue is to improve its online self-assessment service accountants must take a central role, according to technology partner EDS, one ...

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Treasury bites back at CBI
Corporate Tax

Treasury bites back at CBI

23y David Rae

Treasury bites back at CBI

The Treasury has dismissed claims from the Confederation of British Industry that the business tax burden has increased by £47bn under the Labour gove...

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Betting tax reforms bring back bookies
Corporate Tax

Betting tax reforms bring back bookies

23y our parliamentary staff

Betting tax reforms bring back bookies

Reforms to betting tax have succeeded in bringing offshore internet and telephone bookies back to the UK, according to a consultative document issued ...

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Higher rate tax relief on pensions to stay
Corporate Tax

Higher rate tax relief on pensions to stay

23y our parliamentary staff

Higher rate tax relief on pensions to stay

Claims that the government is still considering abolishing higher rate tax relief on pension contributions have been firmly rejected by Treasury finan...

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Corporate tax relief for employee shares
Corporate Tax

Corporate tax relief for employee shares

23y Liesbeth Evers

Corporate tax relief for employee shares

The Inland Revenue has announced a new measure to allow companies early corporation tax relief for money paid to a Share Incentive Plan (SIP). Read Mo...

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Industry warns corporation tax is too complex
Corporate Tax

Industry warns corporation tax is too complex

23y Liesbeth Evers

Industry warns corporation tax is too complex

Business organisations have warned ministers that plans to tax capital gains in the same way as income would be too complex and could drain their cash...

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'Corporation tax cuts won't work'
Corporate Tax

'Corporation tax cuts won't work'

23y Paul Grant

'Corporation tax cuts won't work'

Gordon Brown may need to find ways to help stimulate the economy, but cutting corporation tax is not the answer, according to finance directors. Read ...

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'Inept' eco tax slammed
Corporate Tax

'Inept' eco tax slammed

23y Philip Smith.

'Inept' eco tax slammed

Business leaders have hit out at the 'flawed design' of the government's new energy tax, which they claimed hits the competitiveness of half UK's manu...

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Tax: News in brief
Corporate Tax

Tax: News in brief

23y Accountancy Age

Tax: News in brief

The government is to abolish stamp duty on business property purchases in the 2,000 most deprived wards in the UK. Chancellor Gordon Brown announced t...

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Pre-Budget speculation
Administration

Pre-Budget speculation

23y Gavin Hinks

Pre-Budget speculation

We still don't know when Gordon Brown is going to deliver his pre-Budget report. Not knowing of course works the whole financial world up to a point o...

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Tax review for British film industry
Corporate Tax

Tax review for British film industry

23y David Rae

Tax review for British film industry

The chairman of the UK Film Council has called for a 'reality check' and a review of the industry's tax breaks to encourage distributors to take up mo...

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Known fault caused Revenue pensions woe
Administration

Known fault caused Revenue pensions woe

23y Accountancy Age

Known fault caused Revenue pensions woe

The Inland Revenue knew for three years of a problem with its computer system which led to the £50m overpayment of tax rebates, but failed to act on t...

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More pressure on Brown over oil taxes
Corporate Tax

More pressure on Brown over oil taxes

23y our parliamentary staff

More pressure on Brown over oil taxes

The government is coming under mounting pressure for a Commons debate on the effect on jobs of raising Corporation Tax on North Sea oil and gas to 40%...

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Computer glitch costs insurers millions
Administration

Computer glitch costs insurers millions

23y Philip Smith.

Computer glitch costs insurers millions

A government computer error could cost insurers up to £50m if they fail to tell investors that they have to give back a large part of their savings. R...

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Brown extends help to deprived areas
Corporate Tax

Brown extends help to deprived areas

23y our parliamentary staff

Brown extends help to deprived areas

The government is to abolish Stamp Duty on business property purchases in the 2,000 most deprived wards in the UK. Read More...

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Business bosses slam 'inept' eco tax
Corporate Tax

Business bosses slam 'inept' eco tax

23y Philip Smith.

Business bosses slam 'inept' eco tax

Business leaders have hit out the 'flawed design' of the government's new energy tax, which they claim has hit the competitiveness of half the UK's ma...

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Judge Dredd creators eye film tax breaks
Corporate Tax

Judge Dredd creators eye film tax breaks

23y Paul Grant

Judge Dredd creators eye film tax breaks

The creators of comic book character Judge Dredd are looking to attract investors to its recently launched film company by taking advantage of tax bre...

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$1bn tax rebate for Lucent
Corporate Tax

$1bn tax rebate for Lucent

23y David Rae

$1bn tax rebate for Lucent

Lucent Technologies, the beleaguered telecoms equipment manufacturer, has benefited from an astonishing $1bn (£600m) tax rebate from the US government...

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VAT man shows some charity
Corporate Tax

VAT man shows some charity

23y David Rae

VAT man shows some charity

A tense stand-off between charity finance directors and the Department of Trade & Industry has been relaxed after Customs & Excise made it clear that ...

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Homestyle shocked by tax bill
Corporate Tax

Homestyle shocked by tax bill

23y David Rae

Homestyle shocked by tax bill

Homestyle, the UK furniture retailer, was left reeling yesterday after it learned that it may have to pay an extra £23m in sales taxes. Read More...

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Wealthy warned of Revenue clampdown
Personal Tax

Wealthy warned of Revenue clampdown

23y David Rae

Wealthy warned of Revenue clampdown

Tax collector insists special tax investigators have been moved to local units to tackle complex returns, not home in on the rich. Read More...

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Do not tax unrealised gains, say IoD
Corporate Tax

Do not tax unrealised gains, say IoD

23y David Rae

Do not tax unrealised gains, say IoD

The Institute of Directors yesterday called on the government to drop plans to tax companies on unrealised gains. Read More...

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