Business tax

Retailers call for business rate reform

Businesses recommend four main changes to the system.

The construction industry scheme

The rules for construction industry contractors and subcontractors.

Creative businesses receive £1.1bn tax relief

Relief for film and high-end television increases 40% in three years.

New Prime Minister should ‘incentivise business investment’

BCC, IoD and FSB call for business-friendly measures.

Tax changes impact smaller landlords

Lenders’ trade body says Government should halt further measures.

Taxpayers face large bills after HMRC error

Customers who don't get a tax bill this July will need to pay more in January.

Tax receipts increased by 4.8% in 2018/19

Almost £623 billion was collected last year.

Tax gap rises to £35 billion

‘Failure to take reasonable care’ is the biggest factor in unpaid tax.

HMRC error affects payments on account

Taxpayers could receive much larger bill in January 2020.

Reverse charge VAT for construction services

HMRC issues updated guidance on impending change.

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