HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...
READ MOREOECD countries’ tax revenues flatten out
Tax revenues in advanced economies reached a plateau during 2018, ending the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis, according to the OECD’s latest research.
The OECD average tax-to-GDP ratio was 34.3% in 2018, virtually unchanged since the 34.2% in 2017. The UK average increased by 0.2 percentage points from 33.3% in 2017 to 33.5% in 2018, placing the UK 20th out of 36 OECD countries.
Read more at the Accountancy Daily.
Previous
Late payments hampering SME growth, as delays increase
Next
Shoppers to spend £4.4bn with small retailers this Christmas
NICs increase has immediate impact on business
Research of more than 1,100 UK employers by the British Chambers of Commerce has uncovered a series of negative...
READ MORE
Digital platform reporting rules to start January 2024
New reporting rules for digital platforms will be implemented from 1 January 2024, said the HMRC.
READ MORE