Link: Budget 2004 at-a-glance
The bill provides explanation on new measures to do with betting and gaming, alcohol and tobacco duties, VAT, stamp duty land tax and stamp duty.
Paymaster general Dawn Primarolo said the bill introduces ‘important measures to modernise taxes, keeping pace with real world developments and with the global economy, and to tackle avoidance and evasion’.
The bill provides greater detail of the measures outlined in the Budget and schedules for when new legislation will come into place.
More details on the finance bill to follow.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay