Currently where a person owes tax of up to £3,000, the tax may be coded out through the taxpayers PAYE code.
David Cameron has called for a “real debate” about tax-raising powers for Wales after he was challenged during Prime Minister’s Questions to ensure that Wales receives the same level of funding
Further devolution of taxes to Scotland will create more complexity and anti-avoidance legislation will be needed to deal with cross-border issues, tax experts have told MPs.
A tribunal decision that a laundry was a commercial building in an enterprise zone for the purpose of a claim to industrial buildings allowances may improve the chances of a successful loss rel
Measures to make access to pension savings more flexible are set out in the Taxation of Pensions Bill, due to have its second reading in the House of Commons next Wednesday, 29 October.
Politicians need to give “considerable and careful” thought to the implications of further devolution of tax powers to Scotland, a leading professional body has warned as a commission seeks agr
The recent case of Samantha Gibson v HMRC examined whether amounts paid under a maintenance grant could be subject to tax as benefits in kind where the taxpayer was employed by the ex-husbands comp
In a recent case concerning the tax treatment of termination payments, the taxpayer landed a rather unusual result because his taxable income was increased by £40,617 from that included on the orig
The three major UK political parties agree that corporation tax should not be devolved to Scotland to avoid the risk of a “race to the bottom”, the Financial Times reported this morning after t