The Tribunal held that estimating profit at 20% of turnover in a milk trading business was arbitrary and unsupported by industry realities. It restricted the gross profit rate to 5%, recognising ...

The Tribunal held that revision under section 263 was invalid where the MAT adjustment arose mechanically from a transition amount already examined in an earlier year, and no fresh error was ...

Britain is on track to become the biggest spender on benefits in the G7, as Sir Keir Starmer delays welfare reforms amid ...

Mr Whitbread said an overlooked major concern is the increasing delivery cost of social care and SEND.

Alcohol duty rates in the UK are rising on February 1 ...