Media and politics

Treasury Committee Chair Nicky Morgan explained why she is against a Budget Committee, even suggesting that such a committee would let the departmental select committees off the hook a bit. 

The Prime Minister Theresa May officially steps down as the leader of the Conservative Party today (Friday), but will remain as Prime Minister until her successor is chosen. She announced her resignation two weeks ago, saying it was a matter of deep regret that she had been unable to deliver Brexit. Tax is a battleground in the leadership contest. A number of candidates and putative candidates have called for tax cuts, both generally and specifically.

Our regular update of tax and customs-related developments in secondary legislation, now expanded to cover relevant non-Brexit SIs too.

Financial Times journalist Vanessa Houlder reflected on her time as a tax correspondent and the challenges to reporting tax stories for this year's CTA Address   

What do we mean when we talk about the ‘rule of law’?

A committee of MPs passed the National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill without amendment on Tuesday (May 14th), including an evidence session with witnesses from CIOT among others.

A delegated legislation committee considered three statutory instruments that will be needed in the event of a ‘no deal’ Brexit:

The Centre for Policy Studies’ (CPS) new Think Small report calls for the government to adopt an ‘emblematic’ policy to champion small and family businesses: the Simple Consolidated Tax (SCT). 

The problems with the business rates system cannot be solved by just having more regular revaluations or just copying Scotland's example, the Treasury Committee’s latest evidence session on business rates heard today (7).

Peers raised concerns over the 2019 Loan Charge and the preparedness of business for digital tax reporting, during a debate this week (29) on two reports from the House of Lords Economic Affairs Committee’s Finance Bill Sub-Committee.