tax
RSS tax"Nightmare" tax credit IT system cost £236m
News The government has revealed that a total of £236m - exclusive of VAT - has been paid to both EDS and Capgemini for the IT systems behind the disastrous new tax credits system. The tax credits system has... [27 Oct 2005]
Tax rules could damage UK technology innovation
News The UK's IT industry is calling for an extension of the qualifying rules for tax credits on research and development (R&D) following a consultation document that has been issued by the chancellor, Gordon Brown. [14 Jul 2003]
EDS IT failure fingered for "unacceptable" tax credit delays
News The "inadequacies" of government IT systems have been singled out by MPs as the underlying cause of "unacceptable" problems with the new tax credit system and the national insurance top-up fiasco. A stinging Treasury... [24 Jul 2003]
"Nightmare" tax credits system slammed by MPs
News MPs have slammed the Inland Revenue's "nightmare" tax credits system and said it may have been "fatally undermined by its intrinsic complexity". A report by parliamentary watchdog the Public Accounts Committee (PAC)... [07 Sep 2005]
Tax-refund phishing scams hit an all-time high
News The number of scam emails offering fake tax refunds hit an all-time high last month. The scam emails tell the recipient they are due to receive a tax refund and then ask for bank account or credit card... [16 Oct 2009]
Tax credit IT under fresh attack
News The government is facing renewed criticism of the design and implementation of the IT systems behind its flagship tax credits programme. Its advisers found it impossible to resolve even simple problems for families... [22 Jun 2005]
Tax changes may prove beneficial for IT industry
News The legislation, which looks likely to become law for the next tax year, will see IT contractors paying the same levels of tax and national insurance as fulltime staff. Ex-IT contractor, Paul Webber,... [13 Jun 1999]
Tax breaks for firms investing in R&D
News The UK government is rejigging the way it gives tax credits to companies who invest in research and development (R&D). By simplifying the definition of research and development for tax purposes, the... [11 Dec 2003]
Tax payer still owed millions by EDS
News MPs have called on the government to take legal action against outsourcing giant EDS to recoup the millions of pounds the company still owes over the tax credits IT fiasco.silicon.com Public Sector In a settlement EDS... [05 Feb 2008]
Tax break boosts Microsoft profits to $3.7bn
News Microsoft quarterly profits are up nine per cent to $3.7bn, boosted by a government tax break. The earnings were boosted by a tax benefit that amounted to nine cents per share, but reduced by legal costs... [22 Jul 2005]
Dear silicon.com... Tax crash, mobile driving, eBay feedback, Vista woes…
Comment Tax payers have had ten months to complete their self assessments. Come on be sensible, do your tax return earlier, you have had plenty of time already. Tax crashing out Self-assessment... [07 Feb 2008]
Tax flags as surfers bag fags online
News The US General Accounting Office (GAO) points to a Forrester Research report which predicts internet tobacco sales in the US will exceed $5bn in 2005 and that the states will lose about $1.4bn in tax revenue from these... [14 Aug 2002]
Tax proposals leave IT multinationals underwhelmed
News Tax changes released by the UK Treasury on Friday may not be enough to appease high-tech companies. Following complaints from multinational firms, Chancellor Gordon Brown was forced to alter tax changes... [18 Jun 2000]
In brief: Tax office gets high-volume call centre
News The Inland Revenue is to equip its Salford head office with a call centre that will handle large volumes of tax enquiries. Racal Telecom is to supply the managed voice service which automatically routes calls to the... [13 Jul 1998]
Tax office CIO gets 20 per cent pay rise
News And while there have been improvements in some of HMRC's online tax return filing systems over the last couple of years the department has recently been dogged by massive fraud on the tax credit system. [15 Aug 2006]
