11/28/2022
Advisers’ guide to tectonic tax shifts
We outline the tax allowances available to use this tax year in light of the autumn statement.
Tax
11/25/2022
Tax band freezes equivalent to 3.5pp rise in headline tax
Most taxpayers don’t understand how ‘fiscal drag’ works
11/24/2022
How to ease your tax burden by using available allowances
As the enormity of the Chancellor’s tax measures sink in, it is abundantly clear that the UK faces several years under a historically high tax burden.
11/24/2022
‘Double tax trap’ risk from IHT and CGT changes
‘People could fall foul of the fiddly rules and not know they have an extra tax bill to pay’
11/21/2022
Wealth taxes on middle class to rake in £130bn in the coming years as squeeze intensifies
The haul will rise from £6.7billion this year to a record £7.8billion in 2027-28.
11/21/2022
Santander boss hits out at bank windfall taxes
Ana Botín says strong banks can lend more and boost the economy
11/18/2022
‘Deep freeze’ and tax cuts mean bad news for IHT and CGT
Chancellor Jeremy Hunt unveils ‘balanced plan’ to cope with record inflation and cost-of-living crisis
11/18/2022
Spain's additional wealth tax legislation could take effect in 2022
In some places, including Madrid, this has resulted in wealth tax being reduced to zero.
11/18/2022
Apex Group Budget Briefing - Autumn Statement 2022
The Office for Budget Responsibility saw an average inflation rate for this year of 9.1% and 7.4% predicted for next year.
11/17/2022
UK adopts further international exchange of information on tax matters
The UK has signed up to two new multi-lateral competent authority agreements (MCAA) for the automatic exchange of information about two different categories of international activity.
11/16/2022
Being Proactive in Tax Planning is the Only Way Forward in a World of Tax Policy Uncertainty
Individuals with connections to the UK and the US are faced with even less visibility in their tax affairs given the midterm elections, which will likely define the US tax outlook for the rest of the year and beyond.
11/14/2022
Hybrid and remote working within the UK – what next?
The Office of Tax Simplification is preparing its report and recommendations – what might this mean for employers?
11/14/2022
UK to cut surcharge on bank profits to 3% to keep industry competitive
UK banks currently pay 8% surcharge on profits on top of the corporation tax rate of 19%
11/14/2022
Democrats take the Senate, but uncertainty over House control next year clouds tax policy outlook in the near term
This special edition of Tax News & Views looks at the tax policy implications of the congressional midterm elections based on the results currently available.
11/09/2022
Sunak considers raising additional rate tax band
The prime minister is considering raising the 45% rate or lowering the £150,000 threshold at which the tax band kicks in.
11/08/2022
HMRC launches a campaign focused on offshore companies owning UK property
HM Revenue & Customs (HMRC) is launching a new campaign targeted at offshore companies which own UK property.
11/08/2022
Could you face inheritance tax on your property?
Rising house prices could mean that unsuspecting homeowners face an inheritance tax bill on their estate.
11/04/2022
Finance minister prepares first set of tax measures as part of broader tax reform
The intention is for the government to discuss and reach a political agreement on the measures during November and December 2022.
11/02/2022
Lack of evidence signals the failure of historic VAT claim
They concluded that NHS Lothian did not have sufficient evidence to support its ‘Fleming’ claim for under-recovered input tax.
11/02/2022
Deloitte Collaborates With AWS to Put Enterprise-Class Banking Solutions in the Hands of Consumers Faster
Deloitte's ConvergePROSPERITY™ BankingSuite on AWS helps customers including Western Union meet customer demand for new digital banking services