Blog archive - 2019

Conservative MP Jeremy Lefroy secured a debate in Westminster Hall on the taxation of low-income families, held on Wednesday. 

The Welsh Assembly has passed the Welsh Budget for 2019-20, which proposes that the Assembly will not use its powers to vary income tax in the coming year.

On Tuesday, the Welsh Affairs Committee began consideration of its inquiry into the potential devolution of Air Passenger Duty (APD) to Wales with an oral evidence session featuring representation from the Chartered Institute of Taxation.

The House of Lords economic affairs committee is right to call for a new review of HMRC powers as the tax authority over-reaches itself with spurious tribunals and exhaustive investigations, not to mention the introduction of a 12-year time limit set out in Finance Bill 2018-19, says John Cullinane CTA, tax policy director at the Chartered Institute of Taxation.

MPs got a final chance to amend this year’s Finance Bill with today’s report stage debate. Government amendments on intangible fixed assets and entrepreneurs’ relief were passed. A cross-party proposal to amend the Bill to hinder government preparations for a ‘no deal’ Brexit was passed. Another cross-party proposal for a review including consideration of the 2019 loan charge was accepted by the government.