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United Kingdom News - Business, Taxation & Offshore



UK To Collect Interest On Overdue Digital Services Tax

by Jason Gorringe, Tax-News.com, London

Tuesday, September 22, 2020

The UK Government on September 16, 2020, tabled The Taxes (Interest Rate) (Amendment No. 2) Regulations 2020, which will enable HM Revenue and Customs to collect or pay interest on overpaid or underpaid digital services tax liabilities. Read Full Story


EU Expecting COVID-19 Dent In 2020 VAT Collections

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, September 22, 2020

The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018. Read Full Story


UK Reviewing VAT Group Rules

by Jason Gorringe, Tax-News.com, London

Monday, September 14, 2020

The UK Government has recently issued a call for evidence from UK VAT groups on future policy reform. Read Full Story


UK, Austria Sign Deal On Granting Tax Treaty Benefits

by Jason Gorringe, Tax-News.com, London

Monday, September 7, 2020

HM Revenue and Customs has announced that it is has agreed changes with authorities in Austria regarding how the two authorities will deal with requests for relief under the two countries' tax treaty. Read Full Story


UK Treasury Rules Out Digital Tax Repeal

by Jason Gorringe, Tax-News.com, London

Monday, August 31, 2020

The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States. Read Full Story


UK Issues Final Loan Charge Guidance

by Jason Gorringe, Tax-News.com, London

Friday, August 21, 2020

The UK tax authority has published final guidance on the Loan Charge regime, following the enactment of amendments in the UK Finance Bill 2019-21. Read Full Story














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