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Business tax

Businesses warned on late VAT

HMRC has said it plans to warn as many as 50,000 businesses that have failed to submit VAT returns this month.

Tax fraud highest since crisis began

The Telegraph has reported that tax fraud is at its highest level since the financial crisis began, costing the UK £3bn a year.

Top tax cheats of 2012

Top tax cheats of 2012 have been sentenced to a total of 155 years and 10 months behind bars, HMRC has said.

Gaming machine operators face last chance

Only a few days remain for bookmakers, casinos and amusement arcades to register for the new Machine Games Duty.

Gold smuggler jailed

A jeweller who evaded more than £7 million VAT by smuggling gold into the UK has been jailed for nine years today.

Tax row turns to Microsoft

It has emerged that technology giant Microsoft pays no UK tax on £1.7 billion of online revenues.

Starbucks caves in over tax

Following months of outcry over its tax affairs in the UK, Starbucks has admitted it 'needed to do more' to regain public trust.

Business confused by zero-rate VAT

VAT consultancy Accordance has discovered companies are applying zero-rate VAT rules in EU countries where it does not apply.

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YouTube explains patent tax

HMRC has produced a video on YouTube explaining the Patent Box, a new tax incentive for innovative companies.

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HMRC taskforce teams target cheats

HMRC launched special taskforces yesterday to tackle tax cheats in the alcohol and rag trade industries.

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