The Tax Faculty of the ICAEW has already begun summarising what it thinks might happen in the world of tax now that Labour has been returned with another massive majority.
Among other things the faculty warns the profession to keep an eye on National Insurance where Gordon Brown has refused to say a cap on the upper earnings limit will stay in place.
If you want to read more of the analysis written by Accountancy Age columnists Francesca Lagerberg and Frank Haskew, click here.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals