PM aims to ditch planned corporation tax cut

A reduction to the main rate of corporation tax due to take effect in April 2020 has all but hit the buffers. Prime Minister Boris Johnson told business leaders at a Confederation of British Industry (CBI) conference to say corporation tax will not reduce from 19% to...

HMRC chases information on landlords tax affairs

Tax information on landlords could be provided by tenants, following HMRC's step to directly ask them to act as informants. The Revenue has identified private-rented homes owned by landlords or offshore companies, and wants to check the correct amount of tax is paid...

Treasury postpones Budget 2019

Plans for Budget 2019 to take place on Wednesday 6 November have been postponed, the Treasury has confirmed. Chancellor Sajid Javid told BBC Breakfast this morning that he will no longer be delivering a post-Brexit statement in less than two weeks. The announcement...

Government abandons probate fee hike

Plans to increase probate fees that were due to take effect earlier this year have been scrapped. Families currently pay a flat fee of up to £215 to obtain the grant of probate needed in England and Wales to administer estates worth more than £5,000. That system was...

Javid pencils in Budget 2019 date

Budget 2019 is scheduled to take place on Wednesday 6 November, Chancellor Sajid Javid has confirmed. Whether or not Budget 2019 takes place on 6 November depends largely on the UK securing a deal to leave the EU before 11pm on 31 October 2019. If no deal is reached,...