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.
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC
An examination by the Public Accounts Committee (PAC) has revealed serious concerns relating to HMRC’s plans