Latest Business News

7,500 jobs cut at HMRC

HMRC plans to cut 5,000 more in next 18 months to meet 12,500 target HM Revenue & Customs has cut 7,500 staff, it said today, updating MPs on ithe progress of its job cut programme. The department said it has to cut 5,000 jobs during the next 18 months to meet efficiency targets set by the government.... ...read
November 22nd 2006

Arctic Systems: HMRC Re-Issues Tax Guidance

The final installment of the long-running Arctic Systems case will be heard at the House of Lords in June 2007.

Centering on Geoff and Diana Jones' battle against HM Revenue & Customs over the use of tax planning of their wages and dividend to minimise their tax bill.... ...read
November 2006

Recovery of VAT on Road Fuel Purchased by Employees 3
HMRC have announced some changes in the way in which VAT on road fuel purchased by employees can be recovered by their employers....read
March 2006

Tax ruling boosts family firms
The Court of Appeal has thrown out government attempts to force husband and wife companies to pay thousands more in tax. ...read
16 Dec 2005

Still a firm case for incorporation
The Government's decision last week to raise £730m from taxing small companies more still leaves incorporation as the most tax-efficient way to set up in business, accountants say. ...read
13 Dec 2005





 

 

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