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.
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
Tax campaigners claimed a “major breakthrough” today as energy giant SSE plc became the first FTSE 100 company to receive the Fair Tax Mark.
The UK’s tax gap in 2012/13 was 6.8% of tax liabilities or £34bn, according to HMRC’s latest estimate.
HMRC has welcomed the upper tribunal’s decision that a university’s leaseback arrangement should be ignored for VAT purposes.
Professional services firms have a role to play in helping companies think about what is “acceptable and appropriate” in managing their tax affairs, PwC’s global chairman has said.
More taxes will be needed to contribute to deficit reduction and address “unacceptable inequalities”, business secretary Vince Cable has told the Liberal Democrats conference in Glasgow.
HMRC has published draft legislation excluding two types of persons from the definition of “promoter” for the purpose new measures intended to tackle compliance failures among a limited number