In a welcome move for residential property owners, the Budget Red Book confirmed that the current 30-day capital gains tax (CGT) payment window will be extended to 60 days

In the Budget, the Chancellor Rishi Sunak confirmed measures to support business investment with changes to allowances and covid loans

In the Budget, the government confirmed that it will introduce a system to make top-up payments for contributions made in 2024-25 onwards directly to low-earning individuals saving in a pension scheme using a net pay arrangement

As the countdown starts for the second Budget of the year, accountants are hoping to see measures to support business, clarity on environmental taxes and possible changes to inheritance tax

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

Scotland has set the date of 9 December 2021 for the annual Scottish Budget to review spending for 2022-23 and the medium term financial strategy

Scotland spent an estimated £8.6bn on Covid-19 support and grants in 2020/21 in response to the pandemic but needs to manage finances carefully going forward

A new government-backed mortgage scheme will help first time buyers or current homeowners secure a mortgage with just a 5% deposit

The rollout of freeports across the UK is designed to drive trade following the UK departure from the EU, offering a raft of tax breaks for investors. Charlotte Sallabank, tax partner at Katten Muchin & Rosenman UK LLP, assesses the pros and cons

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 options to consider how Air Passenger Duty (APD) could support regional connectivity, alongside the commitment to reach net-zero emissions by 2050, but has ruled out plans for a frequent flyer levy