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HMRC alters stance on employee smartphones

Smartphones such as BlackBerrys and iPhones which are provided by employers to employees will no longer be subject to tax as a 'benefit in kind', HMRC has announced.

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Chancellor faces increasing pressure for Budget tax-cuts

The Chancellor is facing mounting pressure from business groups and labour MPs to cut taxes in the upcoming Budget in order to stimulate economic growth and boost business.

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Businesses encouraged to go green with low carbon vehicle grant

The Government has announced the first seven vans eligible for its new Plug-in Van Grant scheme which offers tax breaks of 20 per cent off the cost of selected low emission vehicles.

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HMRC: Late tax return penalties being issued

HMRC has begun issuing hundreds of thousands of penalty notices to those who have failed to submit tax returns on time, it has announced.

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HMRC launches latest tax avoidance campaigns

HMRC is set to launch various new campaigns throughout the coming year as it continues its drive to clamp down on those who attempt to dodge the taxman.

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Government under fire over latest tax avoidance scheme

The Government has been heavily criticised after it was revealed that the Student Loans Company CEO was being paid via an agreed tax avoidance scheme.

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IFS argues for major Budget tax cut

The Institute of Fiscal Studies has argued that taxes in the upcoming March Budget could be viably cut in order to boost the economy.

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'Corporation tax should be cut to 20% in 2012 Budget', says think-tank

The main rate of corporation tax should be cut to 20 per cent to boost business and economic growth, according to a report published by the Centre of Policy Studies (CPS).

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Government swoops on latest tax avoidance scheme

The Government has come down hard on the latest tax avoidance scheme, with a change in law with immediate effect.

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HMRC record checks defy red tape reduction plans

HMRC has been accused of defying the Government's own attempts to reduce red tape by ramping up its business record checks.

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