Long term approach required for occupational health policy
[ad_1] When devising healthcare policy, the government needs to take a holistic approach. This includes considering the trade-off between the cost of tax reliefs now with the reduction in spending in the future on healthcare and health-related social security benefits. ICAEW’s Tax Faculty expressed this view in its response ICAEW REP 103/23 to the HM Treasury/ […]
ICAEW calls for fresh thinking on MTD ITSA policy
[ad_1] ICAEW has written to HMRC as part of its engagement on the review of how MTD ITSA could be shaped to suit the needs of smaller self-employed and property businesses. The government announced the review of making tax digital income tax self assessment (MTD ITSA) on 19 December 2022, alongside the deferral of its start […]
More to be done with tax policy to help achieve net zero
[ad_1] ICAEW’s Tax Faculty reflects on the tax recommendations contained in the government’s net zero review chaired by Chris Skidmore MP, the former energy minister. On 13 January 2023, Chris Skidmore MP published the final report Mission Zero: Independent Review of Net Zero. Four of the report’s 129 recommendations relate specifically to tax policy. One […]