Aligning tax rates between employees and the self-employed would reduce inequity while encouraging entrepreneurial risk-taking, says Stuart Adam, senior research economist at the Institute for Fiscal...
The government is to reduce the New Homes Bonus to free up funding for local authority grants, it announced as part of the provisional local government finance settlement.
The UK government has been urged to consider moving capital gains tax rates in line with income tax levels, which could raise an additional £14bn annually, according to the Office of Tax...
Mid Ulster District Council has won a VAT case which could see councils in Northern Ireland receive up to £50m in rebates on admission charges to their leisure facilities.
HMRC needs to make fundamental changes to how it collects tax, as compliance is expected to drop as a result of Covid-19, according to the Public Accounts Committee.
HMRC recovered £7.9bn less from fraud and error in the first three months of this financial year than it did in the same period in 2019 – a drop of more than half.
Imposing tax increases too early could “stifle” the UK’s economic recovery from the coronavirus pandemic, a report from the Treasury Select Committee has warned.
Tax reforms should be implemented alongside the raising of tax rates to make eventual rises “less painful”, the Institute for Fiscal Studies has suggested.
The government has an opportunity to use its proposed shake-up of business rates to incentivise energy efficiency measures in commercial property, says Kevin Muldoon-Smith.
Government borrowing in response to Covid-19 could rise to £500bn in the wake of chancellor Rishi Sunak’s economic package announced yesterday, according to the Institute for Fiscal Studies.
A group of more than 100 opposition politicians have called on the government to implement a universal basic income, in a bid to help ease finances post-coronavirus.
To achieve “sorely needed” reform of the tax system, the chancellor must set out a clear vision, seek expert advice and not rush through his plans, the Institute for Government has said.
The assignation of almost £6bn in VAT revenues to the Scottish Government is to be put on hold due to concerns that volatile estimates of tax receipts would pose an “enormous risk” to the Scottish...
The chancellor has announced a digital services tax to ensure “global giants” pay their fair share of tax on their UK profits, which he expects will raise £400m a year for the public purse.
