Finance Bill 2017: What next?

The snap 2017 General Election meant the Government had to put forward a much reduced Finance Bill for parliamentary consideration in April.  It had been rightly pointed out that there was insufficient time to give due consideration to the full […]

Rethink Making Tax Digital urges House of Lords

The House of Lords Economic Affairs Committee is the latest body to consider the Government’s plans for Making Tax Digital.  In its full report, it reached a set of conclusions that echo those of other groups, welcoming the idea of […]

Spring Budget 2017

Chancellor Philip Hammond’s first and last Spring Budget (he decided last year to move them to the Autumn from now on) was predicted to be boring – but judging by the amount of press comment it has attracted it appears […]

Making Tax Digital, not easier

The Treasury Select Committee (“TSC”) published their report in January 2017 on the Making Tax Digital (“MTD”) proposals put forward by the government.  This was done before the government itself had responded to the consultation feedback it had received.  Perhaps one […]

Do I need to do a tax return?

The deadline for submitting a self assessment tax return is now rapidly approaching (31 January).  Although you’ve now missed the deadline for registration, HMRC are more likely to penalise you if you submit your tax return late, or pay your […]

Changes to dividend taxation

The 2016/17 tax year saw a significant change to the way dividends are taxed when received by individuals, and if you are a small business owner this could have a major impact on your tax bill. What has changed? As part […]