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Stamp duty tax drives £300m revenue rise
Inheritance tax and VAT also increase sharply.
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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
VAT on private school fees challenged in court
High Court to hear case in April over policy legality.Banks challenge BoE’s loss-absorbing capital rules
Lenders argue requirements exceed international standards.HMRC ends emergency tax codes for pensioners
Simpler tax rules aim to reduce errors and delays.HMRC to update taxpayers regarding loan charge
Mid-March letters outline next steps for affected taxpayers.3.4m taxpayers still to file for self assessment
File now to avoid penalties and interest charges.Capital gains tax boosts Treasury income
Budget-driven CGT rises 60% in three months.UK wages rise at record pace
Private sector leads fastest real pay growth in years.Graduates risk student loan bills with pay rise
Overtime risks tipping graduates into loan obligations.Government removes CMA chair to pursue growth
Focus turns to reducing barriers to economic expansion.Wages rise fastest in three years
Private sector drives growth despite economic pressures.