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Business tax

Businesses paying back deferred taxes

Businesses that delayed settling their tax bills under a scheme introduced by the government to help those struggling in the economic downturn are paying back the much of the money owed.

Incorrect tax codes affect millions of employees

There has been a rise in the number of queries that HM Revenue and Customs (HMRC) has received concerning incorrect employee tax codes.

Billions earmarked for VAT overpayment claims

HM Revenue and Customs (HMRC) is facing £8.5 billion in claims for overpaid VAT.

New online filing system should be 'delayed'

Concerns have been expressed over plans by HM Revenue and Customs (HMRC) to make the online filing of company tax returns in a new format compulsory.

New accountancy rules on leasing may hit small firms

Many thousands of smaller businesses could see an increase in their administrative burdens if new accounting rules on leasing come into effect, it has been claimed.

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