The Government’s long-awaited responses to six consultations about Making Tax Digital (MTD) which were originally opened in August 2016 were published at the end of January.
Important tax changes for non-doms
Significant changes affecting the UK tax status of non-domiciled individuals (non-doms) will take effect on 6 April 2017 – and have far-reaching consequences for the majority of those who have previously enjoyed the tax breaks associated with non-dom status, regardless … Continue reading
Treasury coffers boosted by around £400m following HMRC crackdown
The Treasury’s coffers were boosted by nearly £400m in 2016, following a crackdown by HM Revenue & Customs (HMRC) on tax avoidance.
Stamp Duty Land Tax receipts hit record levels
Figures released by HM Revenue & Customs (HMRC) last month revealed a record Stamp Duty Land Tax (SDLT) take of £7.7bn in the first eight months of this financial year.
Economic growth looks set to slow
Research by the British Chambers of Commerce (BCC) has revealed that economic growth across the whole of the UK is likely to continue to slowdown during 2017 and 2018.
