Issue 1611

Analysis

• The bare bones Budget
• Spring Budget 2023: report

In brief

• Spring Budget 2023: diminished expectations
• Spring Budget 2023: some thoughtful tinkering
• Spring Budget 2023: the impact on SMEs
• Spring Budget 2023: corporation tax reform – finally, a reversal of the Lawson 1984 reforms
• Spring Budget 2023: some good news for R&D reliefs
• Spring Budget 2023: incentives changes
• Spring Budget 2023: energy taxes
• Spring Budget 2023: a tougher approach to compliance and enforcement
• Spring Budget 2023: private client - improving everything, everywhere, all at once?
• Spring Budget 2023: capital allowances after the super-deduction
• Spring Budget 2023: how did the Budget help people back to work?
• Spring Budget 2023: pensions tax changes
• Spring Budget 2023: CGT for separating spouses and civil partners

News

• Spring Budget 2023: Tax rates and allowances
• HMRC manual changes: 17 March 2023
• Chancellor encourages investment with full expensing
• Questions raised on tax treatment of carried interest
• Maths included in R&D from April 2023
• New off-payroll working guidance
• Welsh income tax rates to remain aligned
• Kyrgyzstan tax treaty correction
• Angola joins the Global Forum
• OTS identifies areas for simplification
• Economic Crime Bill: Lords Committee Stage
• HMRC Stakeholder Digest: 8 March 2023

Cases

• Muller UK & Ireland Group LLP and others v HMRC
• VolkerRail Plant Ltd and others v HMRC
• HMRC v The Prudential Assurance Company Ltd
• R Robson v HMRC
• Other cases that caught our eye: 17 March 2023

One minute with

• One minute with... Constantine Christofi

Trackers

• HMRC manual changes: 17 March 2023

Reports

• Spring Budget 2023: Tax rates and allowances