Public sector borrowing has increased in the first two months of 2016-17, despite large reductions in grants from Whitehall to local authorities, according to figures from the Office for National...
Scotland should use the devolution of powers over tax and social security as an opportunity to create a single government department to run both systems, an independent think-tank has proposed.
A treaty to end the double taxation of income in the UK and Algeria is to come into effect next year as part of efforts to increase trade between the two countries, a Treasury minister has confirmed.
Public sector borrowing in the 2015-16 financial year has been revised upwards by £2bn and now stands at £76.0bn, according to latest figures from the Office for National Statistics.
The cost of collecting minimum council tax payments from low-income families is “disproportionate” to the amount being chased, local authorities have told a government-commissioned review into...
Revenue & Customs must do more to tackle the perception that it does not take on tax fraud by the wealthy, a report by the Public Accounts Committee has stated.
The government has launched a cross-Whitehall taskforce to investigate 700 leads on possible tax evasion following the publication of leaked papers from Panama law firm Mossack Fonseca.
Wales had a net fiscal deficit of £14.7bn in 2014/15, equivalent to almost a quarter of its estimated GDP, according to an analysis of its public finances.
Local government select committee chair Clive Betts has called on Greg Clark to confirm that four-year funding deals offered to local authorities will not be affected by business rate exemptions...
George Osborne’s decision to raise the threshold for the higher 40p rate of income tax will not be followed in Scotland if the Scottish National Party wins May’s Holyrood election, first...
There needs to be clarity on how reforms to take small firms out of business rates will affect councils. There is a risk the link between economic growth and increased local revenues will be broken.
The Budget received the traditional mixed reception in Scotland, though with a broad welcome for the help given to the struggling North Sea oil & gas sector.
Former Labour minister Lord Mandelson has said the global corporate tax system will continue to be deemed inadequate until it is aligned with what the public considers fair.
The TaxPayers' Alliance has called on George Osborne to replace the current system of corporation tax at next month’s Budget, saying the “outdated” system was no longer suitable for a modern economy.
Inconsistent and inadequate data and tools are hampering the European Union’s ability to counter intra-community VAT fraud, which costs the bloc at least €60bn every year, auditors have warned.
The government’s controversial £130m tax deal with Google seems “disproportionately small” when compared with the size of the firm’s UK business, an examination by the...
Public sector borrowing in February and March will need to be nearly 50% lower than the same two months in 2015 for the Treasury to meet its deficit target, the Office for Budget Responsibility said...
Business rates revenue is forecast to reach a record £23.5bn in 2016/17, according to council submissions to the Department for Communities and Local Government.