Blog archive - 2017

CIOT hosted a speech and roundtable discussion with HMRC Chair Edward Troup and a small group of senior representatives from the tax profession on Monday last week. Mr Troup was speaking ahead of his retirement from HMRC at the end of this month. At the event he talked about how he saw HMRC and the tax profession developing in the future, including his belief that government was likely to be tempted to put further responsibilities on tax advisers in the future. Most eye-catchingly he thought one possible direction was segmentation of tax agents, categorising them with different levels of ‘risk rating’, with their clients being scrutinised accordingly.

Liveblog on the second day of committee stage debate on the Finance Bill (Tuesday December 19th), with debates on new clauses relating to the effect of the Bill on equality, and the effect of the Bill on tax avoidance and evasion.

Liveblog on the first day of committee stage debate on the Finance Bill, with debates on clauses on the bank levy, SDLT for first time buyers and income tax treatment of armed forces’ accommodation allowances. 

The Scottish Government has published its draft budget for 2018/19, with significant implications for the country’s devolved taxes.

MPs have given a second reading to the Finance Bill following a debate held on 11 December 2017. There was little explicit debate about tax matters, with more exchanges over infrastructure spending and productivity. There was hardly any mention of Making Tax Digital or online VAT abuse, for example. Many MPs used the debate to talk about issues specific to their constituencies.

 

This is a summary of the debate on The Budget and the wider economic situation in the House of Lords this week. This debate happened two weeks after Chancellor Philip Hammond delivered his speech on November 22. Conservative speakers focused on supporting the stamp duty cut and other tax changes. while Labour peers spoke on a variety of topics. It was quite a scattergun debate with very few exchanges on tax, in contrast to the debates in the Commons on The Autumn Budget.

 

Eighteen peers took part in a debate on a motion to take note of the future of United Kingdom trade and customs policy in the light of two recent white papers (Preparing for our future UK trade policy (Cm 9470) and Customs Bill: legislating for the UK’s future customs (Cm 9502)).

A live blog of the Treasury Select Committee's evidence session on Budget Autumn 2017, which took place from 10.00am to 11.40am on Tuesday 5 December.

Ray McCann, Deputy President of the Chartered Institute of Taxation (CIOT) gave oral evidence to the committee along with Andrew Courts of the Association of Chartered Certified Accountants (ACCA) and Frank Haskew of the Institute of Chartered Accountants in England and Wales (ICAEW).

John Mann MP (Labour) oversaw proceedings in the absence of the chair, Nicky Morgan MP.

This is a live blog of the Treasury Sub-Committee session on the HMRC transformation programme, held on Monday (4). 

 

The Autumn Budget 2017 was delivered by the Chancellor on November 22. This is our summary of the four ensuing debates in the House of Commons on The Autumn Budget 2017 Resolutions and wider economic situation.