The Value Added Tax (Increase of Registration Limits) Order, SI 2011/897, increases the registration and deregistration thresholds, for taxable supplies and acquisitions from other member states, in line with inflation with e
The Approved Mileage Allowance Payments (Rates) Regulations, SI 2011/896, increase the higher rate of AMAPs for cars from 40 to 45 pence per mile for the first 10,000 of business travel in an employee’s private car or van.
The Car Fuel Benefit Order, SI 2011/895, increases to £18,800 the multiplier used in ITEPA 2003 s 150 to calculate the cash equivalent of the benefit of car fuel received by an employee to whom the car benefit charge applies
The Landfill Tax (Amendment) Regulations, SI 2011/894, change the maximum credit that landfill site operators may claim against their annual landfill tax liability when making contributions in respect of the Landfill Communit
The Budget Responsibility and National Audit Act 2011 received Royal Assent on 22 March. It provides for a Charter for Budget Responsibility and for the publication of financial statements and budget reports.
Next week’s Finance Bill will include legislation to reduce the main rate of corporation tax to 26% from 1 April 2011 and 25% from 1 April 2012. The small profits rate will be reduced to 20%, as announced in the June 2010 Budget, from 1 April 2011.
‘“I really believe one of the reasons we've seen an erosion of trust, broadly, in big companies is they've allowed themselves to be seen as being detached from society and they will float in and out of societies according to what the tax regime is,” says [GlaxoSmithKline's chief executive, Andrew
MPs have welcomed ‘good progress’ in HMRC’s investigation work but called for improved performance and strong leadership to boost low staff morale.
The government will publish a tax information and impact note for tax and NIC policy changes at the point at which the policy design is final or near final, beginning with tomorrow's Budget, David Gauke said.
Revenue & Customs Brief 11/11 discusses the practical implications of changes made by The Climate Change Levy (General) (Amendment) Regulations, SI 2011/684, with effect from 1 April 2011.