The government will deliver permanent reductions in spending, using the savings to fund infrastructure investment and support social mobility, HM Treasury announced in today’s autumn statement.
KPMG has noted that only 13% of respondents in a survey of large businesses operating in the UK said the 50% rate of income tax was proving a barrier to attracting senior talent, compared to 80% who anticipated difficulty when asked in 2009.
John Endacott highlights key developments in the private client tax arena.
The Pensions Act 2008 will introduce major changes to workplace arrangements from October 2012. Robert Woodward considers how to mitigate additional costs using salary-sacrifice arrangements.
Roll-over relief is a valuable relief for businesses but the legislation is complex in parts. Paula Tallon examines some of the basic requirements and highlights some planning opportunities.
HMRC has set out in CAP 1 how non-business customers, or customers with a query about non-business activities, can obtain advice about HMRC's interpretation of recent tax law.
Employers and tax and payroll professionals were invited to help the government explore options for the operational alignment of income tax and national insurance contributions, after a recent call for evidence drew more than 70 responses and suggested a ‘clear appetite’ for reform.
Tax relief for British films will be extended until the end of December 2015, HM Treasury announced folllowing receipt of EC state aid approval. The design of the scheme remains unchanged.
Personal online tax accounts and pre-filled tax returns could ‘transform’ people’s experience of the tax system and improve their understanding of what they pay, under proposals unveiled at a Downing Street press conference today.