Business tax

A "wide-ranging" review of the English business rates system has been launched, Treasury officials have announced.

UK small and medium-sized businesses pay almost £10 billion in tax compliance costs each year, according to research by the Association of Accounting Technicians.

The bill that would permit corporation tax powers to be devolved to Northern Ireland has been published by the government.

Local councils should have the power to set business rates, the Local Government Association (LGA) has told the Chancellor.

More than 100 of Britain’s biggest businesses have called on political parties to reform the business rates system.

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