As part of tax simplification, the government plans to reform cash basis accounting rules by increasing the turnover threshold, possibly to £1.35m, to allow more businesses to use the system
The International Ethics Standards Board for Accountants (IESBA) is consulting on plans to revise the tax planning code to stress ethics and transparency
Scotland is reviewing the tax on second property purchases to give buyers longer to reclaim additional dwelling supplement if they own two houses temporarily
HMRC is calling for key stakeholders to comment on draft guidance issued ahead of the implementation of reforms to the research and development (R&D) tax reliefs on 1 April 2023
The government is consulting on plans to simplify and modernise audio-visual tax reliefs, including film tax schemes, in the first shake-up since their introduction in 2007
Plans to tighten up the rules on sellers of goods on online platforms will help HMRC to crack down on tax evaders and share information with other tax authorities