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  2. Taxation in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom

    Corporation tax is a tax levied in the United Kingdom on the profits made by companies and on the profits of permanent establishments of non-UK resident companies and associations that trade in the EU. Corporation tax forms the fourth-largest source of government revenue (after income, NIC, and VAT).

  3. Value-added tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax_in_the...

    In the United Kingdom, the value added tax (VAT) [1] was introduced in 1973, replacing Purchase Tax, and is the third-largest source of government revenue, after income tax and National Insurance. It is administered and collected by HM Revenue and Customs, primarily through the Value Added Tax Act 1994 . VAT is levied on most goods and services ...

  4. History of taxation in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/History_of_taxation_in_the...

    James Gilray: The Friend of the People; & his Petty New Tax Gatherer paying John Bull a visit (1806) . The history of taxation in the United Kingdom includes the history of all collections by governments under law, in money or in kind, including collections by monarchs and lesser feudal lords, levied on persons or property subject to the government, with the primary purpose of raising revenue.

  5. UK Spring Budget: Government trumpets improved tax relief ...

    techcrunch.com/2023/03/15/uk-spring-budget...

    In total, the government said that some 20,000 startups will benefit from the R&D scheme overall, but only around 11,000 will qualify for this new top-up portion: 1,000 from the pharmaceutical and ...

  6. HM Revenue and Customs - Wikipedia

    en.wikipedia.org/wiki/HM_Revenue_and_Customs

    His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.

  7. Government spending in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Government_spending_in_the...

    For the financial year 2023-24, total government spending is expected to be £1,189 billion. [ 2] The UK government has spent more than it has raised in taxation since financial year 2001-02, [ 3] creating a budget deficit and leading to growing debt interest payments. Average government spending per person is higher in Scotland, Wales and ...

  8. The crypto founder who didn’t save Puerto Rico after all

    techcrunch.com/2024/08/12/the-crypto-founder-who...

    In Puerto Rico, tax breaks enacted in 2012 aimed to juice the economy by encouraging mainland U.S. citizens to do business and live on the island, where

  9. Synopsys’ plans to buy Ansys for $35B falls on UK regulatory ...

    techcrunch.com/2024/08/12/synopsyss-plans-to-buy...

    In Puerto Rico, tax breaks enacted in 2012 aimed to juice the economy by encouraging mainland U.S. citizens to do business and live on the island, where they could apply… Apps Elon Musk and ...