Mini Budget

The Chancellor Kwasi Kwarteng presented his 'Mini Budget' on 23 September 2022. This has subsequently been amended by Jeremy Hunt, the new Chancellor.
Changes to the Health and Social Care Levy.
Commentary on basic and additional rates of income tax.
Highlighting corporation tax, capital allowances, SEIS, and CSOP.
Changes to the residential SDLT bands.
A summary of the plans for business and households.
Highlighting IR35, VAT-free shopping and duties.

07 Jan 2023

MTD for ITSA delayed for two more years

The Treasury has announced that Making Tax Digital for income tax self assessment (MTD for ITSA) will be delayed for two more years until April 2026.

07 Jan 2023

Tax non-compliance during pandemic

Tax non-compliance during the pandemic cost the UK government £9 billion, according to a report from the National Audit Office (NAO).