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.
The “outdated” business rates should be overhauled with uprating moved in line with the Consumers Prices Index measure of inflation and more frequent valuations, the CBI has said.
Councils face a bill of more than £2.25m due to an increase in household goods sent to landfill following this winter’s floods, according to estimates from the Local Government...
A colonial-era tax treaty between Malawi and the UK is costing the African country significant amounts of lost tax revenue and must be reformed, the charity ActionAid said today.
Haringey Council leader Claire Kober sits at the sharp end of government plans to reinvent local authority finance, where a willingness to take on more risk is becoming a necessity
The Public Accounts Committee is to give both Revenue & Customs and Google a grilling after criticisms that the firm’s deal to pay £130m in back taxes still short changes the UK.
MPs have called on water industry regulator Ofwat to improve its understanding of the taxes paid by companies in the sector after concluding that over-estimation of costs had led to higher bills for...
The remit of the Scottish Fiscal Commission should be expanded to include independent forecasts of devolved tax revenues and examinations of the Scottish Government’s performance against its...
Revenue & Customs loses an estimated £16bn each year due to tax evasion and fraud through the hidden economy and criminal attacks, according to a National Audit Office report today.
Scottish finance secretary John Swinney has shunned his first opportunity to set a different income tax for Scotland from that of the rest of the UK, but made clear his intention to do so if and when...
Stamp duty should be devolved to local authorities alongside business rates to both increase growth incentives and ensure councils have adequate resources to take on more responsibilities, the Centre...
Labour has said that cuts to benefit entitlements being introduced through Universal Credit mean controversial tax credit reductions have been “rebranded” by the government rather than reversed.
A tax on sugary drinks and tougher planning powers for councils to limit the proliferation of fast-food outlets are needed to curb the growing childhood obesity problem, according to MPs.
Implementing the Scottish Rate of Income Tax (SRIT) will cost up to £35m and 2.6 million people will be liable to pay it, the National Audit Office has revealed.
The Office for Budget Responsibility increased its forecast for government borrowing this year due to the reclassification of housing associations as part of the public sector, but has predicted a...
Councils will be allowed to increase council tax by up to 2% in order to fund adult social care, chancellor George Osborne announced in his Spending Review today.
