It is a fundamental concept of VAT that the tax is only charged on the value added in the supply of goods and services.

HMRC is under pressure to recover lost revenues from tax evasion, resulting in it horning in on its criminal investigation ...

Impact Contracting Solutions Ltd (ICSL) supplied labour to its customers, registering for VAT in 2015. HMRC wrote to ICSL as it considered the ...

One small business owner, who is a builder by trade, told the Telegraph the VAT inspector had disallowed the VAT on three ...

One potential scenario could see both tax and National Insurance exemptions completely abolished, hitting both employees and employers hard. An average worker earning £35,000 annually would lose £560, ...

Millions of pension savers are at risk of a stealth tax raid under Rachel Reeves after officials launched an inquiry into ...

Walkers Snack Food Limited appealed a HMRC decision to the first tier tribunal (FTT), on the grounds that one of its products, Sensations ...

A recent HMRC study into pension tax relief suggests Labour could move to restrict tax relief available to savers in the ...

THOUSANDS of workers could miss out on vital pension cash under plans mooted by Rachel Reeves. HMRC is exploring a shake-up ...

Freezing tax thresholds increases the burden on working people through a phenomenon known as fiscal drag, whereby earners are ...

The Treasury is reportedly considering a cash grab through sweeping reforms that could leave the average earner £560 worse ...

Around 32,000 businesses in the Cardiff postal area will receive a reminder from HM Revenue and Customs (HMRC) prompting them ...