by Claire Aston | Apr 3, 2025
The UK government’s apparent willingness to reduce the Digital Services Tax (DST) rate to placate the Trump administration and potentially secure exemptions from US tariffs represents a concerning development in UK’s tax policy. As recently reported by The...
by Simon Watkins | Feb 10, 2025
A National Audit Office report released today focuses on the administrative cost of the tax system. The report finds that HMRC’s costs of administering the tax system increased by 15% (£563 million) between 2019-20 and 2023-24. The report focuses on several...
by Claire Aston | Feb 5, 2025
Over 1.1m of UK taxpayers miss the deadline for submitting their self-assessment return deadline for 2023/24 of 31 January 2025 Automatic £100 late filing penalty automatically due, rising to £300 if the return remains outstanding by end of April Penalty is charged...
by Claire Aston | Jan 30, 2025
Photo credit: Sky News The Labour government’s recent announcement at Davos of changes to their (non UK domiciled) ‘non-dom’ policy marks a significant retreat from one of their few concrete tax commitments. Speaking at the World Economic Forum, Chancellor...
by Claire Aston | Nov 28, 2024
Photo credit: Bill Noble/Reuters Rachel Reeves gives unprecedented new tax discount to a few thousand fund managers worth nearly £500m a year by 2028-29 One of the few concrete tax proposals within the Labour Party’s successful General Election manifesto was the...
