Tax policies and consultations papers released from HMRC on what many are calling Tax Day. The summary document covers modernising tax administration, tackling non compliance and makes further tax policy announcements.
Conspicuous by its absence in the Budget, speculation continues on the possible changes ahead for Capital Gains Tax. What has the Office of Tax Simplification recommended so far?
Balancing paying the £400 billion Covid bill versus stimulating consumer demand and business investment. The Budget 2021 predictions are caught in the same dilemma.
Following Rishi Sunak’s economic statement to the House of Commons on 11 Jan 2021, Craig Simpson, tax partner at Bates Weston, looks at the tax changes that may be ahead in the Budget on 3 March 2021.