The UK financial services sector paid a record £34.8bn in tax contributions in the last financial year, the highest amount of tax the sector has paid in the 10 years the data has been collected for the City of London Corporation

Yvette Nunn CTA ATT, director of Berkeley Associates on how individuals are avoiding paying stamp duty land tax (SDLT) by simply staying put, with avoidance talk becoming more acceptable in social situations

Alice Pearson ACA CTA, senior tax manager at Mercer & Hole, considers the key tax changes affecting corporate and individual landlords in Budget 2017 including the CGT indexation allowance impact on asset sales to rent a room review and mileage allowances

In a Budget bereft of detail on Making Tax Digital, the government did confirm that it will release a revised costings document on the impact of the introduction of the VAT reporting changes on 1 December

The plan to tax royalties posted overseas on the back of UK-based sales from April 2018 sets a clear pointer in terms of the government's general approach to clamping down on aggressive tax planning by the digital multinational giants like Amazon, Apple and Google. Philip Smith asks whether the Budget proposal will work

Elements of the hybrid mismatch regime are to be amended, it has been confirmed in the Budget, although the changes are not intended to alter the scope of the scheme

Paul Davies ACA, specialist tax writer at Croner-i, gives a round-up of the key changes to corporate taxes announced in the Budget, from freezing the indexation allowance on chargeable gains to the increase in R&D relief and tightening of the corporate interest restriction rules

The Budget included proposals for two changes to the double taxation relief targeted anti-avoidance rule (TAAR), in a bid to bring it into line with similar anti avoidance measures and to cut down on abusive arrangements

Plans unveiled as part of the Budget papers to move to a points-based penalty system for late or missing tax returns have been criticised by the Association of Taxation Technicians (ATT), over concerns the decision could result in unintended consequences, particularly when the Making Tax Digital regime starts

The Budget included a measure clarifying the corporation tax treatment of  the disposal of intangible fixed assets, designed to tackle ‘step up’ tax avoidance schemes by bringing the rules for all non-cash disposals and related party licensing arrangements in line with cash transactions

As part of the clampdown on abuse of disguised remuneration by company directors, the government plans to introduce further measures in Finance Bill 2018 to tackle existing, and prevent future use of, disguised remuneration tax avoidance schemes 

The Chancellor included an early warning in the Budget of the government’s plans to tackle VAT fraud in the construction industry, by introducing a domestic ‘reverse charge’ VAT scheme for construction services