New tax cuts are unlikely to be seen within the next five years, Chief Secretary to the Treasury Danny Alexander has said.
In an interview with the Observer newspaper, he said: ‘I think the tax burden is necessary as a …
Tax changes refers to tax rates being updated, alterations to tax bands and amendments to income and family tax. Throughout the tax year systems are often adjusted which can mean it is your responsibility to ensure you’re always adhering to the latest tax rules.
Read our posts for more insight into tax changes.
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The current regime of Furnished Holiday Lettings (FHL) may be about to change as HMRC are consulting on new legislation to replace FHL.
Currently, tax rules allow for holiday lettings to be traded as a “quazi trade” with a number …
On July 20, the much heralded Office of Tax Simplification was launched. Its remit is to provide independent advice to the government on simplifying the UK tax system. It will be comprised of experts from across the tax and legal …