Business tax

Councils are forecast to see divergent effects on their funding due to the business rates reforms in 2016/17.

A final reminder to submit your paper tax return for the 2015/16 tax year on 31 October 2016.

The UK tax gap between the amount of tax due and that actually collected fell to 6.5% in 2014/15, according to figures by HMRC.

Total UK tax receipts (excluding North Sea oil and gas revenues) increased by 83% since 1999/00, according to figures by HMRC.

The government has published its consultation document on the revaluation of business rates coming into force from 1 April 2017.

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