Research carried out by the National Audit Office (NAO) has found that UK tax reliefs cost £155 billion per year. The NAO identified 362 'tax expenditures'. It classes these expenditures…
Research commissioned by HMRC has suggested that low take-up of the Tax-Free Childcare (TFC) scheme is linked to a 'poor understanding' of the initiative. Under the TFC scheme, relief is…
Smaller landlords are exiting the buy-to-let market following cuts to tax relief, according to research from estate agency Hamptons International. The research found that the number of landlords operating in…
Rishi Sunak has been appointed as Chancellor of the Exchequer following the surprise resignation of Sajid Javid on 13 February. Former Home Secretary Sajid Javid was appointed Chancellor by Boris…
The Federation of Small Businesses (FSB) has stated that flat economic growth should serve as a wake-up call to the government ahead of the 2020 Budget. The FSB said that…
The number of dawn raids carried out by HMRC on individuals and businesses dropped last year, according to data published by law firm Pinsent Masons. HMRC raided 1,082 homes and…