Business Tax

OTS publishes report on tax year end change

New paper stops short of recommending tax year change.

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Call to scrap proposed basis period reform

Reform could create as many problems as it solves.

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Monthly borrowing figures start to climb down

Borrowing in June 2021 was the second highest on record.

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Simplified tax reporting for self-employed announced

A fifth of self-employed people will face extra one-off costs.

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Government borrowing eases in May

Tax receipts were £1.7bn higher than predicted.

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R&D tax credit scheme a ‘costly failure’, says report

Companies invest less than before the policy’s introduction.

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