Significant changes to high income child benefit charge
[ad_1] Child benefit will be recovered based on household income, the Chancellor has announced. This will challenge HMRC’s limited resources as it will have to collect additional data and change its systems and processes. At Spring Budget 2024, the Chancellor addressed a significant anomaly inherent in how child benefit is recovered through the high income […]
Significant changes ahead for business rates
[ad_1] ICAEW’s Tax Faculty explains the technical changes to the business rates system announced alongside the Spring Budget. Following a consultation, technical changes are being introduced to allow for several significant changes to be made to the business rates system. Ratepayers will need to notify the Valuation Office Agency (VOA) within 60 calendar days of […]