corporate tax

News

Fraud and error cost UK up to £81 billion annually

The UK lost an estimated £55 billion-£81 billion of taxpayers’ money to fraud and error in 2023-2024, according to the government financial… More

12 February 2025

Tax risk is rising in the wake of last year’s agreement by G20 countries and the OECD to adopt a minimum corporate tax rate of 15 per cent for global businesses.  The… More

The governments of the UK and Hungary launched windfall taxes to tackle the rises in living costs because of soaring energy prices. In the UK, chancellor Rishi Sunak announced a 25 per… More

International corporations face potentially higher tax rates as the OECD agreed a new minimum 15 per cent rate from 2023. The OECD aims to ensure that large businesses pay tax where they… More