The tax authority has refuted claims that it miscalculated a demand which was a major factor in the financial collapse of Rangers in 2012.
While party apparatchiks are still dotting the Is and crossing the Ts of their manifestos for the General Election, it is clear they will contain major differences when it comes to policies on taxing the rich.
The taxman collected an extra £9.8 billion through investigations into the UK’s biggest 2,000 companies last year, according to new research.
Candice Brown has called on the Government to protect the “lifeline” of local pubs by cutting “astronomical” levels of beer tax.
Facebook paid £28.5 million in UK taxes last year despite reporting growing revenue of £1.65 billion from advertising sales.
Highland Council has issued an urgent alert about criminals still targeting Highland with council tax rebate scams.
The Chancellor has hinted that he could announce a cut to inheritance tax in his Budget later this year.
Pension rules which mean top doctors are hit with huge tax bills for taking on extra work are causing patients in the north to miss out on treatment.
Amazon has revealed for the first time the full amount it has paid in taxes in the UK.
INDEPENDENT FINANCIAL ADVICE ON MONEY MATTERS AROUND THE HIGHLANDS, ISLANDS & MORAY When we save for the medium or long-term, we need to decide which product or “tax wrapper” to invest into.
Is Inheritance Tax reform on the cards?
Since the historic introduction of Scottish rates of income tax in April 2017, taxpayers north of the border have been subject to different taxation levels on non-savings and non-dividend income than in the rest of the UK.
The long-awaited consultation into off-payroll working rules for the private sector from April 2020 drew to a close on May 28.
Oil giant Shell received a £113 million tax refund from the UK Government in 2018.
TV presenter Lorraine Kelly has won a £1.2 million battle with HMRC after a tax tribunal judge ruled she was not an ITV employee.
Ongoing ambiguity surrounding Brexit is affecting many kinds of businesses in different ways.
If the UK and EU conclude a withdrawal agreement by March 29, or by the end of any agreed extension, there will be a transition period.
A Spanish court investigating Shakira for possibly evading 14.5 million euros in taxes has called on the pop music star to give evidence in mid-June.
Peter Courtney, international tax specialist at Johnston Carmichael, looks ahead to the possible tax changes that will affect Scottish businesses operating internationally in a post-Brexit landscape.
Derek Mackay yesterday paved the way for council tax rises across Scotland as he brokered a budget deal with the Greens that will also introduce a new levy on tourists.
A witch’s curse, a postbox that was too tall and a slow-learning maid are just some of the most outlandish excuses HM Revenue and Customs have received from people who completed their tax returns too late in the past year.
The oil and gas sector is bracing for the “extensive impact” of changes to off-payroll working rules announced in the chancellor’s budget, according to a tax expert.
Entrepreneurs’ relief, the 10% capital gains tax rate on sale of trading business interests, is an emotive subject. It is either the ‘worst relief’ and costs the Government £2bn a year (The Resolution Foundation) or it’s one of the reasons why people are encouraged to set up businesses and pay tax in the UK. Business owners certainly don’t seem to emigrate to avoid UK capital gains tax like they did in the 1990s.
The SNP has rounded on Tory MP Andrew Bowie after he said he was “sad” Scotland has two governments.
Widening tax gap could see higher-earners declaring their income south of the border, Sturgeon warned
Nicola Sturgeon has been warned the widening tax gap between Scotland and the rest of the UK risks higher-earners declaring their income south of the border.
A north-east engineering boss has been banned from running companies for seven years after failing to pay correct tax.
A celebrity bodyguard was jailed for four years yesterday after being convicted of swindling the taxman of £419,000.
The Treasury is unlikely to reverse North Sea tax breaks in the upcoming Budget amid industry warnings it could cause “irreversible damage”, it emerged last night.
The tax office has been accused of ‘Mafia tactics’ by Orkney and Shetland MP Alistair Carmichael.
The Scottish Government could be hit with a £1 million bill for making it easier for claimants to budget with Universal Credit welfare payments.
Treasury and Brexit ministers will visit Aberdeen on Thursday to meet oil and gas bosses.
The Rev Richard Coles has hit out at the BBC over its tax arrangements.