The extension of Making Tax Digital to landlords and sole traders is critical for the government, as is reform of R&D tax reliefs and the apprenticeship levy, confirms minister
As part of the government’s plans to move civil service jobs out of London, the Chancellor is near to making a decision on a permanent base for the Treasury in Darlington
The Chancellor has set out a £9.1bn plan to support individuals with soaring energy costs including a discount on council tax and a loan to cover some of the price rise
Boris Johnson and Rushi Sunak have pledged to go ahead with the upcoming 1.25% rise in national insurance for employees and employers from April, saying it is a progressive tax
The government has refused to undertake a further review of the loan charge situation, rejecting a clause to the Finance Bill allowing for a further enquiry into the loan charge following parliamentary debate
The Treasury has rejected plans proposed by the Office of Tax Simplification (OTS) to overhaul inheritance tax but has made a few concessions on capital gains tax to simplify the complex rules
As part of the Budget announcements, the government plans to change the rules on company re-domiciliation to make it easier for companies to move their domicile to and relocate to the UK
The Treasury warns that taxes will need to be raised in order to cover the £37bn that will be lost from the reduced fuel duty and vehicle excise duty (VED) in the government’s net zero strategy
The government has started a recruitment drive for roles at the new economic campus in Darlington, which will see Treasury staff relocated outside of London base to its first regional office
The Labour party plans to scrap business rates, hike the rate of digital services tax and review the tax system to remove a number of reliefs in a bid to close tax loopholes
