Page 2 - Nick Down News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Yattendon Estate has become the latest farm to join the LEAF UK network of Demonstration Farms set up to advance sustainable farming.

As oilseed rape crops come out of the winter, the positive influences of strong rapeseed prices and good autumn establishment are being offset by rising

Tax: the UK government is looking at using SMEs’ and self-employed individuals’ real-time financial transaction data to calculate and collect tax | Credit: Steve Buissinne/Pixabay The UK government is exploring how technology can streamline tax administration. But HMRC must not add more burden to a community that is already being battered by COVID-19 and Brexit. Ian Hall reports In December last year, HM Revenue & Customs (HMRC) issued a request for information (RFI) to investigate how it can use SMEs’ and sole traders’ real-time financial transaction data, obtained through open bank...

HMRC explores the potential of open banking to ‘streamline’ tax By Ian Hall on 16/12/2020 HMRC: the department wants to encourage the digitalisation of tax administration | Credit: Global Government Fintech The UK’s HM Revenue & Customs (HMRC) is investigating how it can use small businesses’ and self-employed individuals’ real-time financial transaction data, obtained with their permission through open banking, to calculate and collect tax. Open banking enables account holders to share financial data with third parties using APIs. The UK is widely seen as a leading nation when it c...