After the turbulence of 2022, the prospects of a quiet year ahead appear limited. The government may not want to impose the rigidity of a roadmap on itself but calls to understand the direction of travel and how to ensure greater stability and certainty in the tax system will continue to grow. In the meantime, large corporates will be busy with the advent of the global minimum tax and in particular navigating different timetables and potentially different rules. Corporates and individuals will be interested to understand the government’s policy direction in light of the emerging trend of remote working. Stretched public finances and increased dedicated resources means there is unlikely to be any let up in the attention taxpayers receive from HMRC.
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After the turbulence of 2022, the prospects of a quiet year ahead appear limited. The government may not want to impose the rigidity of a roadmap on itself but calls to understand the direction of travel and how to ensure greater stability and certainty in the tax system will continue to grow. In the meantime, large corporates will be busy with the advent of the global minimum tax and in particular navigating different timetables and potentially different rules. Corporates and individuals will be interested to understand the government’s policy direction in light of the emerging trend of remote working. Stretched public finances and increased dedicated resources means there is unlikely to be any let up in the attention taxpayers receive from HMRC.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
