Government Announcements

HM Revenue and Customs (HMRC) may have to look at writing off £1.5 billion in unpaid tax, it has been claimed.

A mooted tax on graduates would be damaging to the tax competitiveness of the UK economy, the Institute of Directors (IoD) has argued.

The UK’s new top rate tax of 50 per cent will remain for the foreseeable future, the Business Secretary, Vince Cable has said.

The Federation of Small Businesses (FSB) has urged the government to take action to introduce more competition into the banking system.

HM Revenue and Customs (HMRC) has created a questionnaire allowing firms, particularly smaller businesses, to share their views on changes to customs laws.

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