UK Tax News Archives – TaxBack

Category: UK Tax News

UK Tax structure – Areas of Interest for Companies

Most of the FTSE100 companies have published their public tax strategies from December 2017 in line with regulations that require large companies to produce their tax strategies for accounting periods starting from September 15, 2016, coming into effect. How large companies UK tax structure and strategies can influence your business… Most companies are interested in […]

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Spousal tax breaks for unmarried couples

Until now, under the UK tax system, spousal tax breaks for unmarried couples were not available. According to a recent landmark decision by the Supreme Court, these benefits will now be available to unmarried couples too. The Supreme Court ruled on the basis that it’s a breach of human rights to discriminate based on sexual […]

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Pension Tax Relief – Is It Too Good to be True?

HMRC (Her Majesty’s Revenue and Customs) published their latest pension tax relief figures (personal and occupational pensions), at the end of February. Accordingly, tax relief cost the Treasury £41.4 billion in 2016/17 from £40.9 billion in 2015/16. The slight increase from the previous year could be due to a higher rate of auto enrolment contributions […]

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Bitcoin and the UK tax system

Bitcoin has been a serious topic of conversation in most circles lately. With increasing values, it has been in the news a lot. How does Bitcoin affect a country’s tax system? here is what you can learn about Bitcoin and the UK Tax System. Taxing Bitcoin Bitcoin investors have been requested to account for any […]

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