I had trouble hearing at times, it was so noisy in the Chamber during the Chancellor’s speech, but I think I picked up the key messages. They were, to have breathing space now, fresh hope for the future and to drive good growth in every tax...
When CGT was introduced in 1965, it was recognised that gains made on the final disposal of a business on retirement had in some sense a special character and should be taxed less onerously than other gains. That broad principle has been kept alive...
The increase in the bank surcharge is lower than many had feared and is intended to be temporary. However, it should not be judged simply by the additional revenue it aims to raise and the purpose for which that will be applied. The more important...
In what is expected to be a very significant shake up of the distributions tax rules, the Government has decided to implement (in one form or another) the seven proposals it set out in its consultation on modernising the taxation of distribution and...
This year’s Budget has the feel of robbing Peter to pay Paul (though sadly not our editor). For this practitioner, HMRC’s ‘Corporate Tax Simplification for Business Investment’ consultation raises further concerns, while AI...
