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Business tax

2010/11 tax gap figures published

HMRC has released figures detailing the tax gap for the financial year 2010/11 at £32 billion or 6.7 per cent of tax due.

Starbucks paid no UK Corporation Tax last year

Popular coffee chain Starbucks paid no UK corporation tax last year despite sales of £398 million.

CGT changes in 'shares-for-rights'

Employees will be exempt from normal capital gains charges on selling shares under George Osborne's new plan.

Charity fraudster jailed

The treasurer of a Christian charity has been jailed for five years after stealing £500,000 through false Gift Aid claims.

Land and buildings on hand at deregistration

A change has taken place regarding VAT and buildings.


HMRC targeting freelancers

HMRC has cracked down on BBC and civil servant freelancers who are being paid 'off the books'.

'Biggest PAYE shake up in 60 years'

HMRC are to write to all employers next month to outline the biggest PAYE shake up for 60 years says KPMG.


HMRC launch SME support service

HMRC has offered small and medium size firms to sign up to receive emails giving help and support.

Direct Sellers offered chance by HMRC

HMRC has offered 'Direct Sellers' a chance to come forward about their tax affairs.

HMRC wins Stamp Duty case

HMRC has won a court case defeating a widely-marketed scheme to avoid stamp duty land tax (SDLT).

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