The chancellor has announced that UK business rates revaluations will now take place every three years, easing pressure on small business owners. more»

At the final countdown to the Autumn Budget announcement, small business leaders have told us what measures they’d most like to see the chancellor reveal in his speech. more»

The Federation of Small Businesses (FSB) has hit back at proposals to lower the UK’s VAT threshold, claiming it would contribute even further to a drain on time and resources. more»

Curtailing tax relief schemes for investors in entrepreneurial ventures and small UK businesses in the upcoming Budget would be a mistake, a leading tax consultants has warned. more»

Since the revaluation, between 1 April and 31 September 2017, 390 pubs have either been demolished or converted into other premises, such as homes or shops, by their owners for tax reasons. more»

The tax gap fell to six per cent in 2015 to 2016, as government measures to crack down on tax avoidance, evasion and non-compliance have taken effect. more»

Fuelling claims that the tax system is criminalising struggling owners unnecessarily, business rates advisory firm CVS discovered that one in eight owners received a summons to appear in front of a magistrate court last tax year. more»

The new HMRC laws can be viewed as a renewed effort by government to take a firmer stand against corporate fraud, and an attempt to encourage change in corporate culture. more»

Just ten per cent of UK contractors now use HMRC’s IR35 tool to clarify their working status, as faith in the government’s service to deliver correct results has all but disappeared. more»

Last year’s figure is down slightly on the £140m gathered through investigations in 2015/16. Analysis has claimed that this could be because new relief. more»