The spring Budget included details of plans to make two minor changes to the hybrid mismatch regime, which are intended to ease the compliance burden in relation to certain claims and ensure that amortisation deductions are not within scope of these rules

David Brookes, tax partner at BDO LLP, looks at some of the key announcements in the Budget including plans to increase NICs and the impact on partners in accounting firms, dividend tax allowance cuts and longer term fiscal strategy 

HMRC has announced it has the hidden economy in its sights, with more details about plans to use conditionality as a tool to tackle non-compliance, as well as tougher sanctions, included in the Spring Budget 2017 overview

Written by our expert team of tax and accounting writers, the Wolters Kluwer 2017 Spring Budget report delivers expert opinion and commentary on the latest changes to public finance and taxation

Chancellor Philip Hammond has closed a loophole in Finance Act 2016, to ensure that all profits from dealing in or developing land in the UK are brought into charge to UK tax, after discovering that some long-term contracts were not covered by the original conditions

The surprise 2% rise in Class 4 national insurance contributions (NICs) has angered the self employed, and could force the self employed to set up companies to offset the higher tax liability

Responsibility for deciding how consultants working for the public sector via an intermediary should be taxed will shift to the employer from April 2017, amid fears it could be extended to the private sector as the government seeks to equalise the tax treatment of employees and off-payroll workers

Chancellor Philip Hammond used the Budget to announce plans for a new Midlands engine strategy, designed to provide an economic boost to the region, alongside details of the first infrastructure investments from the National Productivity Investment Fund (NPIF)

The Chancellor has confirmed that the heavily-trailed deemed domicile concept from 6 April 2017 will be included in Finance Act 2017 while inheritance tax (IHT) liability kicks in and a review of corporation tax for non-resident companies will be conducted

Significant changes in the taxation of non doms will come into effect at 5 April but the law to effect these is still evolving. Alison Palmer, director at Mercer & Hole reviews the tax changes from CGT rebasing to foreign income within trusts 

The introduction of a 14-day window for filing and payment window for Stamp Duty Land Tax (SDLT) marking a radical shift in the current 28-day period has been delayed until after April 2018 following consultation

The Treasury has also announced at least 10 different reviews into current tax policy including long-term capital finance, state pension age, tax compliance and risk at large businesses, and the penalties regime for Making Tax Digital