Budgets are normally stories of two halves. The first half contains the headline-grabbing tax policy reforms that can be encapsulated in a snappy soundbite in the Budget speech, such as “Chancellor scraps the non-dom regime”....more
3/1/2024
/ Autumn Statement ,
Compliance ,
Corporate Taxes ,
Estate Tax ,
Federal Budget ,
First Time Homebuyers ,
General Elections ,
Gift Tax ,
HMRC ,
Income Taxes ,
Revenue Growth ,
Stamp Duty Land Tax ,
Tax Incentives ,
Tax Levy ,
Tax Reform ,
UK ,
Value-Added Tax (VAT)
Recently published data casts a light on the ongoing impact of Covid-19 on tax revenue generated from HMRC’s compliance activities, and tax appeals going through the courts.
HMRC’s compliance yield -
It is well...more
Prevention is better than cure In today’s tax environment, where disputes with HMRC can be prolonged and the outcome uncertain, taxpayers would be well advised to take all reasonable steps to minimise the risk of a dispute...more