As HM Revenue & Customs (HMRC) publishes a new list of ‘deliberate tax defaulters’ and reiterates the Government’s pledge to crack down on firms that avoid paying the tax they should, the Confederation of British Industry (CBI) has drawn up … Continue reading
Posted in John Kinsella | Leave a commentA number of multinationals are eyeing the UK as the place to do business because of its low level of corporation tax according to the UK Chairman of Ernst & Young, speaking ahead of the annual Global Investment Conference being … Continue reading
Posted in John Kinsella | Leave a commentCorporation Tax refunds from HM Revenue & Customs (HMRC) rose by £2bn last year, to £7bn up from £5bn in 2011, which means that 346,000 businesses received corporation tax refunds with the average amount being paid out for each approved … Continue reading
Posted in John Kinsella | Leave a commentThe Government is urging small firms to use the Patent Box scheme to cut the amount of corporation tax they pay on profits generated by UK-owned intellectual property.
Posted in John Kinsella | Leave a commentIn his Autumn Statement delivered in December last year, the Chancellor George Osborne announced that there would be an extension of the temporary doubling of the Small Business Rate Relief for another year from 1 April this year.
Posted in John Kinsella | Leave a comment