Legislation Day 2023: R&D and pensions

[ad_1] While a lot of the material published on 18 July was expected, there were some surprise announcements including planned administrative changes to the high income child benefit charge. Legislation day is designed to provide a longer period for consultation on draft legislation for potential inclusion in the next Finance Bill. Most measures have been […]

Tax administration and maintenance day proposals

[ad_1] ICAEW’s Tax Faculty is seeking input from members on consultations on a range of issues including IR35, cryptoassets, and reform of stamp taxes on shares. Read the full list of consultations and find out who to contact with your views. The government published 11 new consultations and calls for evidence on tax administration and […]

Tax administration and maintenance day summary

[ad_1] Simplifying and modernising the tax system and tackling the tax gap – this framed the consultations, calls for evidence and next steps announced on tax administration and maintenance day (TAM day). ICAEW’s Tax Faculty highlights the key points. On TAM day (27 April), the government published a series of consultations and tax policy updates, […]

More than 3,000 people filed their tax return on Christmas Day

[ad_1] While most people were busy opening presents, tucking into turkey and relaxing on Christmas Day, 3,275 people used the time to file their tax return to HMRC. This is an increase from 2021, when 2,828 returns were filed to HMRC on Christmas Day.  While 141 people opted to file between 23:00 and 23:59 on […]