Business news
Tax system “overcomplicated”, say MPs
Current tax system is an obstacle to growth.
Charities gain more financial freedom
Charities Act changes give trustees greater flexibility.
HMRC extends voluntary NIC deadline
Taxpayers have two extra years to fill records.
HMRC launches VAT time-to-pay portal
Eligible businesses can set up payment plans online.
Making Tax Digital said to cost £1.3bn
The original 2020 launch date was “unviable”.
Government may scrap oil and gas windfall tax
Levy will remain in place unless prices drop.
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