Tax

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Tax | Dodwell: the iceberg Budget

There was little in the way of substantive announcements in the Budget and many with an arguably small impact on Exchequer but significant changes lurk beneath the surface, warns Bill Dodwell, head of tax policy at Deloitte

23 Nov 2017

Tax | Budget 2017: employment tax at a glance

Julie Clift CTA reviews the key changes to employment tax in the autumn Budget from company car tax changes to plans to widen the reach of IR35 legislation to the private sector and measures to tackle disguised remuneration

23 Nov 2017

Tax | Budget 2017: capital gains tax - key measures

Stephen Relf CTA FCA reviews the Budget announcements affecting capital gains tax and business-related CGT increases, including changes to depreciatory transactions and freezing the capital gains indexation allowance at CPI

23 Nov 2017

Tax | Budget 2017: what’s new in property taxes

Croner-i tax experts review the key property tax measures announced in the autumn Budget from CGT on non-residents’ gains to ATED rises and stamp duty abolition for first-time buyers purchasing properties valued under £300,000

23 Nov 2017

Tax | Budget 2017: avoidance and evasion priorities for government

Meg Wilson CTA, specialist tax writer at Croner-i, unpicks the key avoidance and evasion measures announced in the Budget including disguised remuneration, abuse of the NICs employment allowance and related party schemes involving intangibles

23 Nov 2017

Tax | Autumn Budget 2017 Insight Report - FREE download

Written by our expert team of tax authors, the Croner-i 2017 Autumn Budget Insight Report delivers expert opinion and commentary on the latest major tax changes

23 Nov 2017

Tax

Budget

Tax | Budget 2017: Gift Aid donor benefit thresholds simplified

After a review of the Gift Aid donor benefit rules, the government announced plans in the Budget to simplify the rules for charities using donor tax relief and realign existing thresholds to a simpler two-tier system

22 Nov 2017

Tax | Budget 2017: VAT threshold frozen until 2020

The VAT threshold has been frozen at £85,000 for the next two years to give the government time to review the current system and consider proposals for reform

22 Nov 2017

Tax | Budget 2017: ATED rates set to rise in line with inflation

The annual chargeable amounts for the annual tax on enveloped dwellings (ATED) for properties over £500,000 held in companies will be increase by 3%

22 Nov 2017

Tax | Budget 2017: additional HMRC funding to net extra £2bn

Additional resources allocated to HMRC to combat tax avoidance and evasion are expected to generate an extra £2bn according to the Budget 2017’s costings, reports Calum Fuller

22 Nov 2017

Tax | Budget 2017: CGT indexation allowance to be frozen at Dec 2017 RPI

In a surprise move, the Chancellor has announced plans to freeze the capital gains indexation allowance and set it in line with Retail Price Index (RPI) fixed as of December 2017 and it will not be reviewed monthly as the current practice

22 Nov 2017

Tax | Budget 2017: tax breaks to boost oil and gas investment

Oil and gas companies to will be able to transfer tax histories under plans announced included in the Budget by the Chancellor

22 Nov 2017

Tax | Budget 2017: VAT refunds extended to Scotland police and fire

For the first time, the Scottish Police Authority and Scottish Fire and Rescue Service will be able to recover VAT incurred on their purchases, the Chancellor confirmed in the Budget

22 Nov 2017

Tax | Budget 2017: marriage allowance allows claims for deceased

The government is now accepting claims for the marriage allowance in cases where a partner has died before the claim was made, with such claims being able to be backdated by up to four years provided all other conditions for the allowance are met

22 Nov 2017

Tax | Budget 2017: insolvency regime overhaul to curb tax debt

The Budget proposals include a measure designed to tackle the use of insolvency to escape tax debt by expanding the current security deposits legislation, in a bid to recoup some £150m of tax annually, as well as a planned review of airline insolvency

22 Nov 2017

Restructuring & Insolvency

Image for budget 2017 air passenger duty frozen

Tax | Budget 2017: air passenger duty frozen

Short-haul air passenger duty (APD) rates for 2019-20 will remain frozen as they have been since 2012, and there will be no increases in long-haul rates for economy passengers, although there will be an increase in the business class multiplier, the Chancellor announced in the Budget

22 Nov 2017