Recent research has suggested that those in the baby-boomer generation should be prepared to pay higher wealth taxes in order to pay for healthcare costs likely to climb steeply in the near future.
Taxes set to rise for baby boomer generation?
Tax
HMRC reveal the UK’s tax landscape
At the beginning of March 2018, HMRC published figures on personal taxation and income throughout the UK for the 2015/16 tax year. The full report offers some interesting insights into the nation’s finances.
What can Britain learn from Germany’s recent tax scandal?
Hitting the headlines earlier this year was the German tax scandal, described as the biggest in the country’s history. But what can we learn?
What the new accounting rules meant for the Premier League
The Premier League recently announced a record loss of £312m. This is partly a result of the introduction of new accounting rules.
An extra year before Making Tax Digital becomes law
Making Tax Digital (MTD) – the scheme to make digital record keeping mandatory and implement a number of changes to modernise the tax system.
The Spring Budget – the key announcements
With Budget Day set to shift to the autumn as of later this year, the Chancellor has now delivered what is set be the final Spring Budget.
Are tax bills set to rise?
A recent report from the IFS suggests that the amount of tax paid in the UK is set to rise to levels not seen for thirty years.
UK to lose out this Christmas in VAT
VAT avoidance could cost the UK millions this Christmas thanks to the increasing number of non-EU sellers on sites like as Amazon and eBay
The London bubble: capital pays a third of UK tax
The latest findings of Centre for Cities, a think tank focused upon understanding and improving UK city economies, suggest that London now pays almost a third of all UK taxes.
Scale Tipped in favour of small firms?
The business tax roadmap, published on March 16th, provided detail of how current and future business taxes would impact over the remainder of this parliament.