OTS explores moving end of tax year
Tax simplicity is the priority for the OTS.Furlough figures fall to their lowest levels this year
The Treasury said its recovery plan ‘is working’.HMRC updates process for furlough claims
Updated templates should make the system easier.Hundreds of taxpayers caught out by IHT gift rule
Taxpayers lost out on over £600 million.PM calls for SMEs to lead charge to net zero
The Government wants SMEs to achieve net zero by 2050.Trade credit reinsurance scheme to end
It will end on the originally planned date.R&D tax credit scheme a ‘costly failure’, says report
Companies invest less than before the policy’s introduction.Employers told to issue childcare voucher reminder
HMRC also implies working parents might be better off using tax-free childcare.HMRC seeks to remove VAT repayment supplement
Tax body warns of potentially ‘devastating’ impact on VAT-registered businesses’ cashflow.Government borrowing surpasses £30bn in April
The data comes from a joint ONS-Treasury report.
