HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREMPs to scrutinise £155bn of tax reliefs
The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of ‘tax expenditures’, after a National Audit Office (NAO) report identified over 300 such tax interventions, at a cost of £155bn a year.
These non-structural tax reliefs typically reflect a policy choice aimed at a specific group or sector, or are designed to incentivise certain behaviours, and include options such as tax credits for companies’ research and development costs, or income tax relief on pension contributions.
Read more at the Accountancy Daily.
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A beginner’s guide to the taxes you’ll hear about this election...
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With bitcoin hitting new highs, it’ll likely reach the US$100,000...
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