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We have a varied update for you this week. We delve into Stamp Duty Land Tax in the context of a towpath beside a dwelling, the meaning of ‘deliberate’ behaviour, pre-registration input VAT and its interaction with the partial exemption rules, the future of Income Tax devolution in Wales and much more.
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In Tuesday’s Spring Forecast, the Chancellor kept her promise of making no major tax or spending policy announcements, in line with the government’s commitment to hold only one significant fiscal event a year, at the Budget.
The Chancellor, Rachel Reeves, presented the Spring Forecast on 3 March 2026. In a statement to the House of Commons, she responded to the Office for Budget Responsibility's (OBR's) interim update on the economy and public finances.
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This week brings a mixture of practical updates, policy developments and cautionary tales for advisers and businesses navigating an increasingly complex tax landscape.
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This week's update brings several important developments for employers, advisers and payroll professionals as we look ahead to the final months of the 2025-26 tax year.
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This week, the government published its ‘Budget Information Security Review’, following the leak in the run-up to last autumn’s Budget. In its report, the National Cyber Security Centre found that in the hour before Rachel Reeves delivered her Budget speech, the content of the OBR’s Economic and Fiscal Outlook was downloaded in full nearly 25,000 times.
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