Business tax

MTD for VAT extension set for 2022/23 rollout

Treasury reveals plan to further digitise taxes.

ONS reports ‘alarming’ slump in self-employed numbers

Freelancers call for improved self-employed support.

Sunak calls for capital gains tax review

Chancellor wants to ensure the system is fit for purpose.

VAT cut kicks in for certain sectors

Standard rate temporarily falls from 20% to 5%.

UK tax gap drops to record low

More than 95% of tax owed in 2018/19 was collected.

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