Taxpayers will feel ‘continuing pain’ in 2023 as the Budget did little to alleviate the cost of living crisis

The government will tighten up the rules when an asset is disposed of under an unconditional contract so that HMRC has up to four years to investigate taxpayers

A number of administrative changes to the enterprise management incentives (EMI) scheme will be introduced in April 2023 to simplify the application process

As part of tax simplification, the government plans to reform cash basis accounting rules by increasing the turnover threshold, possibly to £1.35m, to allow more businesses to use the system

As the Chancellor set out his plans in the Budget, accountants and auditors reacted with disappointment, specifically at the lack of support for small businesses

In the Budget, the Chancellor announced a ‘Brexit pubs guarantee’ to keep the tax on beer and cider up to 11p lower than supermarkets, but wine and spirit prices soar

The Treasury has launched a consultation about the scope of agricultural property relief from inheritance tax charges