A report published by the London School of Economics (LSE) has warned that more than 900,000 businesses are at risk of failing by early April as a result of the…
The Institute for Fiscal Studies (IFS) has suggested that the current UK tax system discourages employment, investment and corporate risk-taking and needs reform. Research carried out by the IFS suggested…
Self assessment taxpayers will not be fined for late online returns if they file by 28 February, HMRC has said. More than 8.9 million taxpayers have already filed their tax…
UK companies spent over £25 billion on Research and Development (R&D) during 2018, and HMRC's statistics show that the volume of R&D relief claimed by small and medium sized companies…
The Low Incomes Tax Reform Group (LITRG) has urged the government to raise the High Income Child Benefit Charge (HICBC) threshold to avoid it affecting basic-rate taxpayers for the first…
Almost nine million people had to borrow more money in 2020 as a result of the coronavirus (COVID-19) pandemic, data published by the Office for National Statistics (ONS) has revealed.…