Tax Faculty responds to LTT freeports consultation

[ad_1] The draft legislation may not give the Welsh government’s intended outcome for full and partial LTT relief for special tax sites. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen to add reading this article […]

Budget for growth: ICAEW’s Tax Faculty assesses key measures

[ad_1] ICAEW’s Tax Faculty summarises the key tax announcements from the Chancellor’s Budget speech, including pension and capital allowance reforms. Chancellor Jeremy Hunt’s Spring Budget on 15 March announced some fundamental tax changes for individuals and businesses. More details are expected when the Finance Bill is published on 23 March. There may be a flurry […]

Tax Faculty responds to HMRC draft guidance on R&D tax relief

[ad_1] ICAEW’s Tax Faculty identifies a number of aspects and scenarios where considerable uncertainty remains in its response to HMRC’s draft R&D guidance. Changes to the research and development (R&D) tax relief rules will be introduced from 1 April 2023. HMRC published draft guidance on some of these changes on 22 December 2022. It includes […]