Plans to extend Making Tax Digital

Plans to extend Making Tax Digital

On 21 July the government published its 10 year strategy for the tax system. This included its plans to extend the Making Tax Digital initiative.

Amendments to the Finance Bill 2020

Amendments to the Finance Bill 2020

Amendments to the Finance Bill include treating coronavirus payments as taxable income, not disadvantaging those who came out of retirement or usually work abroad to help in the pandemic, treating Covid-19 as an exceptional circumstance for higher rate SDLT reclaims and encouraging Future Fund investors.