The partners in a film tax scheme, Gala Film Partners LLP, have lost a dispute with HMRC over whether its losses of £110m were a true interpretation of the trading position
Multinationals have been using HMRC disclosure facilities more than in the past, paying £70m in unpaid tax after diverting profits overseas to reduce tax bills
Small companies need more government support to invest in innovation and technology after research and development tax reliefs scaled back, says Federation of Small Businesses
Plans for an overhaul of research and development tax reliefs need to be finetuned to ensure a merged system is effective, warns Nigel Holmes, director, research and development, Ryan
A record amount of tax reliefs was paid out to companies in the creative sector as the figure shot up by £600m to £1.66bn as government considers overhaul of system
HMRC has delayed the launch of an online service to help sole traders, self employed and accountants calculate overlap relief due to basis accounting rule change
UK property with a market value of £39.8bn is held by overseas companies not subject to domestic tax laws, according to research from Stripe Property Group