It’s Christmas party time at Sift HQ and as many other firms get in the festive spirit, one accounting firm warns the Christmas party could bring a tax shock.

Savers will be given greater freedom over how they take a tax-free lump sum from their pension pot, according to new arrangements due to be set out by the Treasury


The Parliamentary Accounts Committee (PAC) criticised the Treasury’s financial management after revealing that the Queen’s Household ran up a deficit in 2012-13.


A plan to name banks that break an agreement with HMRC not to use “aggressive” tax avoidance schemes has received a mixed reaction from across the profession.

The National Audit Office (NAO) has revealed the Treasury provided 


The government has unveiled its plans to include public sector investment in future 'PF2' infrastructure projects following its review

The Treasury has been urged to permanently exempt top overseas sports stars from UK tax to encourage the likes of Usain Bolt to take part in national events.


As well as planned changes for VAT on pasties and static caravans, the government appears