News

Parties pledge not to raise VAT
02 April 2015

Businesses and families have been given assurances by the three main political parties that they will not increase VAT.
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Single corporation tax rate takes effect
02 April 2015

Businesses are reminded that from 1 April 2015, one single unified rate of corporation tax of 20 per cent applies.
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Budget Statement 2015
18 March 2015

Fifty days before the General Election, Chancellor George Osborne today delivered his sixth and final Budget of this Parliament
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Tax summaries go online
06 March 2015

More than eight million taxpayers who filed their 2013-14 tax return electronically by the 31 January deadline can now access their tax summary online.
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Marriage allowance comes a step closer
06 March 2015

Married couples and civil partners can now register to receive a new tax break.
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NMW set to rise to £6.70
05 March 2015

The Low Pay Commission has recommended that the adult national minimum wage (NMW) rate should increase to £6.70 an hour from October 2015.
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Charities offered new web service
05 March 2015

Charities can now register their details online with HM Revenue & Customs (HMRC).
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‘Pot follows member’ to start in 2016
05 March 2015

A new system to stop workers losing small pension pots as they move from job to job is set to be launched next year.
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Taxpayers urged to challenge error penalties
03 March 2015

Taxpayers who filed returns by the self assessment deadline of 31 January, but who made a mistake on their forms, could be facing a demand from HM Revenue & Customs (HMRC) for an inaccuracy penalty, tax campaigners have warned.
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Webb calls for pensions tax relief reform
03 March 2015

Pensions Minister Steve Webb has called for a 33 per cent flat rate to be introduced for pensions tax relief, replacing the 40 and 45 per cent rates for higher earners.
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