Much of the most complex legislation is being dropped, including the corporate tax measures, the changes for non-doms and the Making Tax Digital clauses.
In a roller coaster ride, the Government first sought to rush their controversial hike in probate application fees through Parliament before the anticipated dissolution on 3 May, then overnight conceded that there is too little time to do so and announced that the measure will be scrapped.
With a snap election due to take place on 8 June, we’ve been giving a little thought to what the impact on Making Tax Digital might be.
The introduction of auto-enrolment was meant to encourage saving – the simultaneous restrictions being placed on the Pensions Relief seem a little contradictory.
There are a number of changes taking place from April 2017 and you need to ensure that you have addressed them and are operating correctly within the new rules.
ATED has created a new filing obligation at the beginning rather than after the year, with penalties charged for late filing.
In the Spring Budget 2017, the government announced that it will remove the VAT use and enjoyment provision for mobile phone services provided to consumers.
Following confirmation that the Ministry of Justice would be pushing ahead with a massive increase in probate fees, they have now released a draft…
This April sees the imposition of two additional levies on employers, which may go down like, erm, a Led Zeppelin.
Unfortunately, the Government is clamping down on the use of the VAT flat-rate scheme by ‘limited cost traders’.