The UK’s large army of small businesses will soon be able to switch their accounts between banks more easily, following changes to bank competition rules.

The Government’s long-awaited responses to six consultations about Making Tax Digital (MTD) which were originally opened in August 2016 were published at the end of January.

Significant changes affecting the UK tax status of non-domiciled individuals (non-doms) will take effect on 6 April 2017 – and have far-reaching consequences for the majority of those who have previously enjoyed the tax breaks associated with non-dom status, regardless … Continue reading →

The Treasury’s coffers were boosted by nearly £400m in 2016, following a crackdown by HM Revenue & Customs (HMRC) on tax avoidance.

Figures released by HM Revenue & Customs (HMRC) last month revealed a record Stamp Duty Land Tax (SDLT) take of £7.7bn in the first eight months of this financial year.