GovWire

Tax And Revenue


Tax and Revenue File Picture

New clampdown on tax avoidance and evasion will help to bring in £1.2 billion

The measures are included in the Finance Act 2018 which received Royal Assent today (15 March 2018).

0 comments Read Full Article
Tax and Revenue File Picture

Statement on infraction proceedings on VAT treatment of certain commodity derivatives trading

A statement from HM Treasury regarding the European Commission’s notification of infraction proceedings on the UK’s VAT treatment of certain commodity derivatives trading.

0 comments Read Full Article
Tax and Revenue File Picture

Tax break to help Black cabs go green

£1,550 tax exemption for electric taxis comes into force this April.

0 comments Read Full Article
Tax and Revenue File Picture

Pay for Easter childcare with Tax Free Childcare

Working parents can save thousands of pounds on regulated holiday clubs and other childcare as part of the government's Childcare Choices offer.

0 comments Read Full Article
Tax and Revenue File Picture

HMRC services during the cold weather

How this week's extreme weather is affecting some of our services.

0 comments Read Full Article
Tax and Revenue File Picture

VOA Accounts Payable moves to HMRC Financial Shared Services

From 1 March 2018 the VOA Accounts Payable function will transfer to HMRC Financial Shared Services.

0 comments Read Full Article
Tax and Revenue File Picture

Getting ready for the Customs Declaration Service

Businesses that import or export goods outside the EU will need to prepare for the new service for declaring these.

0 comments Read Full Article
Tax and Revenue File Picture

UK and Welsh Governments confirm next steps in Welsh tax devolution

The first Welsh taxes for almost 800 years are ready to be switched on, the UK and Welsh governments today (Friday January 26) confirmed.

0 comments Read Full Article
Tax and Revenue File Picture

Practical support for businesses affected by Carillion liquidation

HMRC outlines support for affected businesses

0 comments Read Full Article
Tax and Revenue File Picture

Tax is changing in Wales

The Welsh Government and the National Assembly for Wales will become responsible for some of the taxes paid in Wales in April 2018.

0 comments Read Full Article
Tax and Revenue File Picture

New tax consultation timetable published today

The updated guidance sets out how the consultation process will work when there is just one fiscal event each year – an Autumn Budget.

0 comments Read Full Article
Tax and Revenue File Picture

X Factor charity song 2017: Chancellor to donate VAT to children’s charities

The Chancellor announced today that VAT collected on sales for the X Factor winner’s charity song will be donated to children’s charities.

0 comments Read Full Article
Tax and Revenue File Picture

Finance Bill 2017 18 legislates for Autumn Budget tax changes

The Finance Bill takes steps to help young people with the cost of living, crack down on tax avoidance and evasion, and protect the environment.

0 comments Read Full Article
Tax and Revenue File Picture

Taxation (Cross border Trade) Bill introduced in Parliament

The Bill will lay the foundations for the UK’s standalone customs regime.

0 comments Read Full Article
Tax and Revenue File Picture

Trusts Registration Service registration deadline for new trusts extended

The deadline for new trusts to register is now 5 January 2018.

0 comments Read Full Article
Tax and Revenue File Picture

OTS's first review of VAT triggers debate

The Office of Tax Simplification (OTS) report, published today, offers a range of proposals for simplifying the tax.

0 comments Read Full Article
Tax and Revenue File Picture

Bank of England increases interest rate to 0.5%

HMRC interest rates for late payments will be revised following Bank of England interest rate rise

0 comments Read Full Article

Bank of England increases interest rate to 0.5%

Tax and Revenue File Picture

HMRC interest rates for late payments will be revised following Bank of England interest rate rise

0 comments Read Full Article

Unpaid tax at record low

Tax and Revenue File Picture

'Tax gap' fell to 6% in 2015 to 2016 as government cracks down on avoidance, evasion and non-compliance.

0 comments Read Full Article

HMRC to recruit a Second Permanent Secretary

Tax and Revenue File Picture

Decision made following the announcement of Edward Troup’s retirement at the end of 2017

0 comments Read Full Article

Crackdown on illegal waste sites

Tax and Revenue File Picture

The government is cracking down on illegal waste sites, making rogue operators liable for landfill tax.

0 comments Read Full Article

Office of Tax Simplification: Vacancies

Tax and Revenue File Picture

The Office of Tax Simplification is looking for people to join its team

0 comments Read Full Article

Finance Bill legislates for remaining tax changes

Tax and Revenue File Picture

'A fair tax system is a key part of our plan to build a fairer society', says Mel Stride, Financial Secretary.

0 comments Read Full Article

HMRC confirms country by country reporting format for multinationals

Tax and Revenue File Picture

New guidance sets out process for multinationals in line with OECD requirements.

0 comments Read Full Article

New Director Generals to head HMRC’s Customer Services and Customer Compliance Groups

Tax and Revenue File Picture

Two new Director Generals have been appointed to lead the Customer Services and Customer Compliance Groups, following the departures of Ruth Owen and Jennie Granger in June

0 comments Read Full Article

New Chief Executive appointed to lead Valuation Office Agency

Tax and Revenue File Picture

Melissa Tatton has been appointed on promotion to head up the Valuation Office Agency.

0 comments Read Full Article

Creative sector receives record boost of £700 million pounds

Tax and Revenue File Picture

From TV Series "The Crown" to independent theatre productions and video games, the 2016-17 tax relief supported work across the UK's creative industries.

0 comments Read Full Article

Next steps on the Finance Bill and Making Tax Digital

Tax and Revenue File Picture

Ministers confirm a new timetable for Making Tax Digital.

0 comments Read Full Article

Automatic Exchange of Information (AEOI) deadline fast approaching for Financial Institutions

Tax and Revenue File Picture

The deadline for submitting Automatic Exchange of Information (AEOI) returns for the year ended 31 December 2016 is 31 May 2017.

0 comments Read Full Article

Videos and webinars about tax credits

Tax and Revenue File Picture

Get help and support from HM Revenue and Customs (HMRC) with your tax credits.

0 comments Read Full Article

HMRC launches a new way to report income and expenses online

Tax and Revenue File Picture

HMRC is making it easier for customers to get their tax right.

0 comments Read Full Article

Spring pay bump for Britain’s workers as tax changes come into effect

Tax and Revenue File Picture

Millions of workers will benefit from increases to the Personal Allowance and Higher Rate Threshold on 6 April.

0 comments Read Full Article

British businesses boosted by tax changes coming into effect in April

Tax and Revenue File Picture

This month, a number of new tax changes come into effect, benefiting millions of businesses across the UK.

0 comments Read Full Article

HMRC launch criminal investigation into global financial institution

Tax and Revenue File Picture

Yesterday HMRC, alongside our international partners, launched an investigation for suspected tax evasion and money laundering by a global financial institution.

0 comments Read Full Article

The Valuation Office Agency's online business rates service

Tax and Revenue File Picture

Service availability and alternative arrangements for making 2010 business rates appeals.

0 comments Read Full Article

Finance Bill 2017 legislates new tax changes

Tax and Revenue File Picture

Finance Bill 2017 introduces measures to make the tax system fairer while modernising it for the digital age.

0 comments Read Full Article

OTS welcomes new Tax Director

Tax and Revenue File Picture

Paul Morton takes up post as the OTS's new Tax Director.

0 comments Read Full Article

Lifetime ISAs available from 6 April 2017

Tax and Revenue File Picture

The lifetime Individual Savings Account (ISA) is a longer term tax-free account that receives a government bonus. It'll be available from 6 April 2017.

0 comments Read Full Article

Office of Tax Simplification: Vacancies

Tax and Revenue File Picture

The Office of Tax Simplification is looking for people to join its team.

0 comments Read Full Article

HMRC and National Trading Standards agree to share information on estate agencies

Tax and Revenue File Picture

New procedures will streamline co-operation and ease the flow of information.

0 comments Read Full Article

Voice ID showcases latest digital development for HMRC customers

Tax and Revenue File Picture

HMRC is making it faster and simpler for customers to confirm their identity to access its services, however they choose to do it.

0 comments Read Full Article

Lifetime ISA and Help to Save: boost for savers as key schemes become law

Tax and Revenue File Picture

The Lifetime ISA will be available for young adults from April 2017 as the Savings (Government Contributions) Bill receives Royal Assent. The Help to Save scheme to help people on low incomes will be available from 2018.

0 comments Read Full Article

Tax helpline to support people affected by severe weather and flooding

Tax and Revenue File Picture

HMRC offers telephone helpline for anyone affected by severe weather or floods.

0 comments Read Full Article

New Year brings in new penalties for enablers of offshore tax evasion

Tax and Revenue File Picture

The raft of measures will create a level playing field for the vast majority of people and businesses who play fair and pay what is due.

0 comments Read Full Article

Avoid and report internet scams and phishing

Tax and Revenue File Picture

Find out how to avoid scam emails and how to report fraudsters claiming to be from the VOA.

0 comments Read Full Article

Recent Comments

Follow Us on Twitter

Share This


Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: