The government is to unveil a ‘goody bag’ of business tax cuts.
Daily Mail reported that during the last few months, ministers had talked to
business organisations about a package to soften the blow of a CGT increase from
10% to 18% levied on business assets held for more than two years.
The plans are set to go ahead despite the government’s partial climbdown on
CGT. The paper did not say what taxes the government intends to cut.
A Treasury source said: ‘It may be that we end up spending more than
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals
Unincorporated businesses under the VAT threshold given an extra year to prepare before MTD becomes mandatory