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Tax probes into big businesses fall by 40% in five years

Figures uncovered by Labour show HMRC’s Large Business Directorate started just 1,940 inquiries in 2019/20 compared with 3,041 in 2014/15. The amount raised from "compliance activity" on corporation t

G7’s minimum corporate tax rate ‘too low’

While G7 finance ministers have agreed to support a global minimum corporate tax rate of at least 15%, Argentina's finance minister has described the rate as “far too low”. Martin Guzman told an onlin

Companies starting to receive letters demanding taxes

More than 1,200 companies get letters demanding overdue income taxes As the Government starts to recover debts built up in the pandemic, HMRC has sent more than 1,200 companies warning letters demandi