Politics

Tax / Treasury plans northern expansion

Chancellor Rishi Sunak is planning to ‘shift the gravity of economic decision making away from the capital’ by relocating some Treasury staff

Tax / Budget to go ahead on 11 March

The Budget is to go ahead as planned on 11 March, despite the upheaval following the resignation of Sajid Javid, new chancellor Rishi Sunak has confirmed

Tax / Sajid Javid replaced by Rishi Sunak as Chancellor

Sajid Javid has resigned as Chancellor as the PM shakes up the Treasury with the appointment of Rishi Sunak, who has been chief secretary since July 2019

Tax / Threshold frozen for higher rate Scottish taxpayers

Scotland plans to raise the income tax threshold for basic and intermediate taxpayers in line with inflation from April 2020 but top earners will see the figures frozen

Tax / Scottish finance minister resigns over inappropriate texts

Derek Mackay, Scotland’s finance secretary and a SNP member of the Scottish parliament, has resigned hours before he was due to deliver the Scottish Budget

Tax / Lords committee to investigate IR35 rule change

The House of Lords Finance Bill Sub-Committee has launched an inquiry into government plans to introduce off-payroll working rules for the private sector, with concerns about whether the impact has been fully assessed

Tax / MP accuses Netflix of ‘superhighway robbery’ on tax

Labour MP Margaret Hodge is calling for video streaming services to be included in the government’s new digital services tax (DST), amid claims that Netflix, responsible for TV hit The Crown, does not pay corporation tax in the UK

Tax / IR35 activists plan demo outside parliament

Anti IR35 campaign group, Stop the Off-Payroll Tax, is planning a demonstration in Westminster later this month to lobby MPs to stop IR35 reform plans

Tax / Stride back in the chair at Treasury Committee

Mel Stride MP has been re-appointed chair of the Treasury Committee, following general election shake-up which means all committee chairs need to be re-elected

Tax / Digital services tax will be temporary

The Chancellor has given the April digital services tax for multinationals the go ahead at the World Economic Forum, but only a short-term basis

Tax / US and France negotiate digital tax agreement

There are signs that France and the US are looking for a way to end their dispute over French plans to introduce a digital tax, which has seen the US threaten retaliatory tariffs on French products

Tax / Government waters down loan charge rules

The government has backed down on original time frame for loan charge compliance giving taxpayers who signed up to schemes approved by HMRC before 2015 greater leniency and offering five-year time to pay arrangements

Tax / Flybe saved by deferral of £106m flight tax bill

The government has caved into pressure from regional UK airline carrier, Flybe, which was flying in the face of potential administration, delaying payment on a £100m plus tax bill for airline passenger duty

Tax / Scottish Budget confirmed for 6 February before UK Budget

Scotland is to go ahead with a Budget in early February, five weeks before the UK Budget due to legislative requirements to finalise funding for councils

Tax / Budget set for 11 March

The Chancellor of the Exchequer, Sajid Javid, has announced that the first post-Brexit Budget will take place on Wednesday 11 March 2020, and will focus on ‘delivering world-class public services and leveling up the whole country’
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