The government has launched a bidding process to create at least seven ‘freeports’ in England – promising host councils the ability to retain business rates growth for 25 years.
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...
Council tax support is expected to cost councils an additional £586m this year, 7% more than the £500m allocated through a dedicated fund announced in March, according to the LGA.
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.
As director of the Institute for Fiscal Studies, Paul Johnson has overseen a period of ‘extraordinary’ lockdown output from his organisation, charting Covid-19’s economic impact.
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.
The UK Treasury has denied reports that it is to drop the recently-implemented digital services tax amid fears it could jeopardise a post-Brexit trade deal.
Business rate income for local authorities halved in the first quarter, while council tax income stayed steady, according to the first official figures on the impact of Covid-19 on council income.
Savings made by private sector firms and employees during lockdown could help pay for tax rises to cover the repayment of government Covid-19 debt, according to the National Institute of Economic and...
Local government secretary Robert Jenrick has hinted that the government could introduce council tax and business rate reimbursement schemes to help local authorities deal with the financial...
