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The UK will bring forward plans to introduce a criminal offence for corporations who fail to stop their staff facilitating tax evasion, the Prime Minister

 HM Revenue and Customs (HMRC) is urging people to renew their tax credits claim online and early before the 31 July deadline. When claimants renew

The AIA allows businesses to write off the full cost of qualifying expenditure and in recent years the amount allowed as a deduction for tax

From 6 April 2016, if you’re a basic rate taxpayer you’ll be able to earn up to £1,000 in savings income tax-free. Higher rate taxpayers

HMRC has responded to the significant leak of information on the activities of individuals and companies that have availed themselves of the offshore advantages of

From 6 April 2016, farmers trading as sole traders or in partnership will be able to claim for an extended form of the popular “averaging”

In a further bid to encourage savings for a first property purchase, or retirement, a new ISA is being launched from April 2017 – the

Up to 5 April 2016, directors who overdrew their loan accounts in a company ran the risk of an additional 25% Corporation Tax charge if

CGT rates have been significantly reduced from April 2016. The rates at which capital gains are taxed depend on where they would fall to be

From 1 April 2016, individuals who purchase additional residential properties, second homes or buy-to-let properties will pay an additional 3 percentage points above the existing

 One of the surprising announcements in the recent budget was the easing of capital gains tax (CGT) rates.  From April 2016, the new rates published

1 April 2016 – Due date for Corporation Tax due for the year ended 30 June 2015.  19 April 2016 – PAYE and NIC deductions

 The government have published a list of changes in the impact of taxation, rates and NIC that will apply from April 2016. The list is

Recent reports in the national media have suggested that HMRC has sought to restrict Gift Aid on donations which are accompanied by a message of

HMRC have updated their online “top ten things you should know about the new tax-free childcare scheme”. The notes are reproduced below and they provide