Business Tax

Report warns aviation restrictions are hampering growth

A group of MPs and businesses have backed a report into the UK aviation industry which warns Heathrow restrictions are damaging the UK economy.

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Businesses call for a Scottish Budget to support firms and stimulate economy

Business groups are urging the Scottish Government to put the country's economic growth at the heart of its upcoming Budget.

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HMRC speeds up its call helpline target

HMRC is to spend £34 million over the next two years to hire more staff and reach call centre targets two years earlier than planned.

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Firms urged to update business records or risk penalties

Business owners are being reminded to keep their business records up to date, following a report that HMRC issued large fines to a company who failed to notify the authority of a change of name.

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Venture capital investments between EU countries causing tax issues

A consultation into tax problems arising from venture capital investment made across different EU states has been launched by the European Commission (EC).

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SMEs warned about contractor tax obligations

Small and medium sized businesses (SMEs) hiring self-employed contractors are being warned about the risk of avoiding their tax obligations.

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Tax relief could boost oil and gas industry

Tax relief changes could benefit the North Sea oil and gas industry by freeing up billions of pounds for investment, the Government has announced.

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SMEs 'fear' returns and the taxman, says report

Small businesses worry about filling in tax returns correctly and dealing with HMRC, according to a report carried out for the tax authority.

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Pass over of tax powers to Northern Ireland delayed

Talks to decide on whether Northern Ireland should be granted the power to set its own rate of corporation tax have ended without agreement.

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New tax guidance for employers on company paid healthcare

New guidance on the tax implications for companies offering paid healthcare for their employees has been published.

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