Instead of the traditional announcement, tax experts have urged the government to give the UK a year off from its programme of reform to concentrate on working out the detail and allow the public to catch up.
PricewaterhouseCoopers tax partner John Whiting said: ‘Businesses have a lot to deal with from Gordon Brown’s previous Budget speeches. The whole corporate tax self assessment regime, with its quarterly payments system, was a pretty major change for a start.’
Among the measures due to become effective from April this year are: limits to employee national insurance contributions; the Working Families Tax Credit; the basic rate of tax and the Married Couple’s Allowance.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy