tax

HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.

The Confederation of British Industry (CBI) has issued a warning over Chancellor George Osborne's plans for the UK to "go it alone" on corporate tax reform.

The Chancellor will raise the personal allowance threshold to £10,600 in the next year, £100 more than the initially planned £10,500.

The government is to crack down on investment managers "disguising guaranteed fee income as capital gains", as part of anti tax avoidance measures outlined in the Autumn Statement.

George Osborne has announced a 25% levy on profits made in the UK by multi-national companies but diverted elsewhere.

The government is to scrap the existing 'single slab' approach to stamp duty on residential property purchases, introducing a new tiered charge from 4 December.

Small businesses have had the relief on their annual business rates doubled for the next year.

The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them.

Platforms could be hit with a £10m bill in order to make sure they comply with new EU tax rules, the Tax Incentivised Savings Association (Tisa) has warned.