Low earners in Scotland could benefit from the introduction of a minimum income guarantee (MIG) to give stability to low earners by ensuring that a certain level of income is earned

Stephen Relf, CTA, FCA, lead tax writer at Croner-i, examines the impact of the government’s plans to change the taxation year for sole traders and partnerships

Following consultation, the government has set out details of the forthcoming regime for asset holding companies (AHCs) to encourage inward investment by changing tax liability

With the government’s review of tax administration, the Chartered Institute of Taxation (CIOT) calls to create a tax system that is much simpler for taxpayers to navigate

Complex VAT compliance rules on land and property could be simplified as the government issues a consultation on reform of the current rules to help developers

The Treasury has launched a review into the effectiveness of the Office of Tax Simplification (OTS), the body tasked with proposing ways to simplify the overly complex UK tax system

The Treasury has released a consultation on plans to introduce a residential property developer tax on certain profits from residential development activity, designed to raise £2bn

The US is considering taking action against a number of countries including the UK due to use of digital services taxes which primarily hit giant multinationals such as Amazon and Google

HMRC is consulting on ways to improve awareness of tax liability among UK taxpayers with offshore income after identifying low levels of awareness

As part of the government’s 10-year strategy to modernise the tax administration system, it is considering whether to change current tax payment timings in a move to more frequent, in-year tax calculation and payment

The government is consulting on plans to make professional indemnity insurance mandatory for tax advisers in a bid to improve standards and protect taxpayers

Owners of second homes will have to ensure they are renting out their properties for a minimum of 140 days a year if they cut their tax liability by registering for business rates