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Business Tax

Let business fuel the recovery, government told

Businesses must be given the freedom to create jobs and to drive the economy, a leading business group has said.

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HMRC announces harmonised interest rates

HM Revenue and Customs (HMRC) has announced the new interest rates that will be charged for and paid on late and overpaid taxes.

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Tax system needs review to encourage innovation

The CBI has called on the government to re-examine the current tax system in an effort to underpin the UK’s reputation for developing intellectual property.

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HMRC denies change on R&D tax relief rules

HM Revenue and Customs has insisted that it has not altered its position on claims for research and development tax credits.

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HMRC and Companies House team up on online filing

HM Revenue and Customs (HMRC) and Companies House have announced that they have adopted a common approach to the online filing of company tax returns.

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Fuel duty rises

The latest rise in fuel duty, which sees 2p added to the cost of a litre, has come into effect.

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Businesses split over question of environmental taxes

Small businesses are divided over how effective green taxes are at promoting good environmental practices, a new survey has revealed.

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Tax breaks would boost 'value' of operating leases

Tax breaks that are available to profitable businesses when buying equipment should be extended to those SMEs that take out new operating leases.

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SME share scheme gets long-term EU support

A share scheme designed to help SMEs recruit and keep talented staff has been given the long-term backing of the European Commission.

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Fall in tax receipts means VAT to rise as planned

There seems no prospect that the cut in VAT will be extended beyond the planned end of the year reversion to the old rate after it was revealed that tax revenues have fallen sharply.

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