Welsh taxpayers charged Scottish tax rates

Workers in Wales have been accidentally charged Scottish rates of income tax, after a mix-up involving tax codes. Welsh rates of income tax were introduced on 6 April 2019, requiring employers in Wales to use a ‘C' tax code to apply the rates. However, HMRC reported...

Business rates need reform, CBI says

The business rates system has become "uneconomical" and "unsustainable", and should be reviewed, according to the Confederation of British Industry (CBI). Business rates are a tax on most properties used for business purposes, and are calculated based on an estimate...

SMEs think UK tax system is ‘unfair’

Most small business owners do not think the tax system treats their business fairly, according to research from the British Chambers of Commerce (BCC). In a survey of 1,000 firms, 58% of SME owners said they think the UK tax system is unfair., while 67% don't believe...

Tax contribution from UK businesses up in 2018/19

Analysis of government data by a body representing British businesses has found that together UK firms paid £196 billion in taxes in 2018/19. In 2017/18, the total bill was £188 billion. At the current rate, the CBI says, UK firms are contributing 27% of tax revenue,...

Most contractors unaware of IR35 changes

Contractors are still not fully aware of the changes to tax legislation that are set to take effect in a year's time, according to a survey from the Recruitment and Employment Confederation (REC). IR35 rules were reformed for the public sector in April 2017, with the...