Evasion clampdown: Treasury to make £12.7bn from new global minimum corporation tax January 11, 2024 The Treasury expects that it will make nearly £13bn from the new global minimum corporation tax, which went live at the beginning of the year.
Fujitsu staff at HMRC to strike next week in shadow of Post Office Horizon scandal January 11, 2024 Fujitsu staff contracted to HMRC are set to strike next week, amid building pressure on the IT firm which supplied the faulty Horizon software at the heart of the Post Office scandal.
HMRC: Accountants urge Brits to fight taxman as penalties spike to new record January 10, 2024 The value of HMRC tax penalties surged by 25 per cent between 2022 and 2023 to its the highest level on record, new data has shown, as the government faces criticism for unfairly fining struggling businesses.
Spring Budget 2024: Sunak pledges to slash taxes ahead of March statement January 7, 2024 Prime Minister Rishi Sunak has repeated his promise to continue cutting taxes ahead of a March 6 budget. “I’m going to be crystal clear. My priority is cutting taxes,” he said.
What are the big political events coming up in 2024? December 30, 2023 From the US presidential race to the London mayoral contests, there’s a lot on the horizon to keep politicos busy in 2024.
Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says December 22, 2023 Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.
Private sector AI forum to launch in January, No10 announce December 20, 2023 A new artificial intelligence (AI) opportunity forum to explore private sector adoption of the technologies will launch in the new year, No10 have confirmed.
Sadiq Khan plans to hike London council tax bills by 8.6 per cent December 19, 2023 Sadiq Khan has unveiled plans to hike Londoners’ council tax bills by almost £40 as he prepares to stand for a record reelection to a third term in office.
‘Too little, too late’: Council funding to rise by £4bn December 19, 2023 Funding for English councils will rise by 6.5 per cent - or £4bn - but authorities say the cash fails to address the “severe problems” facing local government.
Brace yourselves: 2023 will be seen as a stable tax year compared to what’s ahead December 19, 2023 It may have felt like a long year, but 2023 will be seen as a walk in the park for tax policy compared to what 2024 has in store, writes Tim Sarson