Hello
The Chancellor gave his Spending Review this week. The UK's borrowing is heading towards 100% of Gross Domestic Product (GDP). It sounds as if taxes may well be going up. Although not for a year or two.
Hello
The Chancellor gave his Spending Review this week. The UK's borrowing is heading towards 100% of Gross Domestic Product (GDP). It sounds as if taxes may well be going up. Although not for a year or two.
The Chancellor, Rishi Sunak has made his Autumn 2020 spending review today. The UK's spending on the Coronavirus has reached £280bn to date.
Hello
It looks as if HMRC and HM Treasury have new batteries! We have a collection of new policy papers and announcements from the Treasury: all measures tabled for the next finance act. I have a feeling that it will be a whopper.
HMRC are contacting an increasing number of employers who may need to repay some, or all, of the grant they received under the Coronavirus Job Retention Scheme (CJRS).
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This time we are covering quite a diverse range of topics. What does the Office of Tax Simplification (OTS) recommend for the future of Capital Gains Tax (CGT)? We explore enduring tax imponderables on the nature of a trade. We have ever more essential updates on COVID-19 funding, new guides on farming and Corporation Tax (CT), as well as more updates, cases and, of course,VAT.
The Office of Tax Simplification (OTS) has published 'Simplifying by Design', the first report of its current Capital Gains Tax (CGT) review. It recommends some major changes to CGT including increasing tax rates and removing business asset reliefs.
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