HMRC

The ‘gifts out of normal expenditure’ is one of the most valuable but least known Inheritance Tax exemptions, according to NFU Mutual

AHDB hails figures which reveal exports for first half of year total £966m

The Insolvency Service said David Smith submitted false VAT returns on behalf of Scottish machinery firm Balgownie Limited from 2019 to 2022

HMRC said 275 estates had benefitted from a combined total of £777m in tax forgone due to BPR and APR in 2021 and 2022, but has Gov underestimated the cost of producing food in the UK?

A Government analyst has been recognised for his work which could see Inheritance Tax reliefs taken away from family farms businesses next year. However, farmers said they feel the award was an insult to rural communities

While farming families have had to struggle for months with the consequences of impending taxation reforms, HMRC has praised the role of an analyst who helped ministers bring forward the proposed legislation

The society, which runs the annual Great Yorkshire Show, disputed an assessment by HMRC claiming the show should have been treated as exempt as it was a fundraising event for the charity