The tax organisations have responded to a Treasury call for evidence on whether the design of the VAT threshold could better incentivise the growth of businesses. The Office of Tax Simplification (OTS) in its review of VAT published last year recommended that the Government examine the curre

The Government is keen to encourage more individuals to undertake training to upskill, change career, or earn more money and is looking at whether tax-reliefs for training costs could be extended to support this.

People selling their only or main home should not be affected by the new rules provided that they are entitled to full private residence relief1 which exempts them from having to pay CGT on the sale.

Yvette has a long history of work in the tax penalties area, working with HMRC on the design of the penalty regime as far back as 2008, when she asked HMRC to introduce the system of suspended penalties.

Entrepreneurs’ Relief (ER) was introduced to incentivise and reward entrepreneurs who grow their own business.

At the November 2017 Budget, the Government announced that the assessment time limit for non-deliberate offshore tax non-compliance will be increased to at least 12 years after the end of the relevant tax year.

HMRC have announced that a number of the projects they were undertaking will be paused or stopped because of the extra challenges posed to the tax authority by Brexit.1 Projects confirmed as paused include the rollout of Simple Assessment2 for income tax and real time change

Founded in 1909, the Women’s Tax Resistance League was part of the suffrage movement and campaigned on the subject of tax – under the slogan ‘No Vote No Tax!’ League members felt keenly the injustice of paying tax on their income, homes and servants when they lacked a parliamentary vote.

On 4 April the Government announced that a new EU state aid approval would not be in place in respect of the Enterprise Management Incentive (EMI) share scheme by the time the previous approval lapsed on 6 April 2018.

Transitional protections from tax which had applied to benefits provided to employees under optional remuneration arrangements (OpRA)1 such as salary sacrifice or flexible benefit packages made prior to 6 April 2017 came to an end last week with the start of the new tax year.