News

Analysts are sounding the alarm that more Britons are being "pulled into the tax system for the first time without realising ...
# Two key reforms to the VAT Act have aroused realtor fears as they make the profession “jointly and severally liable”, along with attorneys, for covering any unpaid VAT on a real estate transaction ...
# The monthly surplus, which measures by how much government revenues exceeded total spending in a given period, cut the $348.5m deficit at end-February 2025 to some $178.9m just over four weeks later ...
A Cypriot court has reinstated a dissolved company linked to Roman Abramovich so authorities can recover €14 million in ...
HMRC has unveiled its "most ambitious" crackdown to date, putting millions of homes across the UK on alert. HMRC cautioned ...
Conservatory Insulations Northwest Ltd (CIN) traded in the construction industry. On 15 July 2022 CIN’s agent filed an error correction form showing ...
Corporation tax accounts for nearly half of Britain’s £46.8 billion tax gap amid a rise in non-compliance from small ...
If you are covering HMRC's new tax gap data, please see the following comment from Rachael Griffin, tax and financial ...
HMRC has confirmed that it will no longer view investment costs as being subject to dual use, with all the associated input tax incurred instead seen as the employer’s and deductible by the employer, ...
The Inland Revenue Department (IRD) has disbursed a large portion of its long-standing tax refund backlog this year, ...
The National Board of Revenue (NBR) abruptly ended VAT and tax exemptions on oceangoing vessels without any discussion with industry stakeholders, leaving vessel owners unprepared and raising serious ...
The FAAC has shared N1.659tn to federal, state, and local governments from May 2025 revenue inflows. The Federation Account Allocation Committee (FAAC) on Wednesday shared a total sum of N1.659 ...