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Business tax

Changes to advisory fuel rates for company cars

HM Revenue and Customs (HMRC) has announced changes to the advisory fuel rates for company cars as of 1 July.

Late payment a problem, VAT cut of little help, say businesses

A new survey has revealed that for many firms delays in invoice settlement are on the increase, while the reduction of the VAT rate has not been effective in tackling the downturn in business.

Level of R&D tax credit rejections 'increasing'

Concerns have been expressed at the number of research and development tax credit claims that are being turned down.

HMRC turns to agencies on late payments

HM Revenue and Customs (HMRC) is to run a six-month trial using debt collection agencies to chase late tax payments.

Online filing boost for employers’ returns

The vast majority of employers filed their annual returns online this year, HM Revenue and Customs (HMRC) has said.

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