Business tax

Three out of four small firms would be better placed to develop their businesses if the tax regime were simpler, a new survey has claimed.

Plans to introduce a broadband tax of 50 pence a month on all fixed-line phones have been criticised by a House of Commons committee.

The government’s scheme to help businesses that are struggling to pay their tax bills could see a rise in requests to delay payments as the self-assessment date approaches.

A scheme designed to provide firms facing short-term financial problems with more time to pay their tax bills is still attracting applications.

Plans for a proposed new levy aimed at raising funds to boost the UK’s broadband network have gone out to consultation.

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