Media and politics

The CIOT has told MSPs not to lose sight of the way tax policies are scrutinised as the country deals with the economic and fiscal fallouts from the Coronavirus lockdown.

The comments came in oral evidence to Holyrood’s Finance and Constitution Committee last week as part of its inquiry into the impact of COVID-19 on the Public Finances and Fiscal Framework.

You can read the transcript of the meeting by clicking here or alternatively, watch the video of proceedings here.

The Treasury Committee invited Torsten Bell, Chief Executive at Resolution Foundation, Paul Johnson, Director at Institute for Fiscal Studies, Dr Gemma Tetlow, Chief Economist at Institute for Government, and Giles Wilkes, Senior Fellow at Institute for Government, to give evidence in its inquiry on the economic impact of coronavirus, this week.

A live blog of the sixth public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), which took place on Thursday 11 June 2020 from 2pm. The session covered the later clauses in Part 2 of the Bill, which covers the introduction of the Digital Services Tax. 

A live blog of the fifth public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), which took place on Thursday 11 June 2020 from 11.30am. The session focused on Part 2 of the Bill, which covers the introduction of the Digital Services Tax.

In a guest blog, Low Incomes Tax Reform Group volunteer and author Robin Williamson MBE explains why judicial review is too often out of reach for ordinary taxpayers, and proposes a role for the First-tier Tribunal in making it more accessible.

A live blog of the fourth public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), which took place on Tuesday 9 June 2020 from 2pm. Clauses passed covered increases in the rate of the Research and Development Expenditure Credit (RDEC), and of Structures and Buildings Allowances; changes to the tax treatment of some intangible fixed assets; the Enterprise Investment Scheme (EIS) and 'top slicing relief'.

A live blog of the third public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), which took place on Tuesday 9 June 2020 from 9.25am. Topics covered included the annual allowance for tax relief on pension contributions, changes to entrepreneurs' relief, private residence relief and corporate capital losses.

The second public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), took place on Thursday 4 June 2020 at 2pm. Clauses 13-20 and Schedule One were debated this afternoon and all were passed. The majority of these clauses related to the contentious loan charge. Below is a 'live blog' of the proceedings.

A live blog of the first public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), which took place on Thursday 4 June 2020 at 11.30am. Topics covered included income tax and corporation tax rates, and tax treatment of social security benefits. MPs approved clauses 1-12 of the Bill.

MPs passed a resolution on Tuesday (19) allowing Finance Bill 2020 to be amended to introduce changes requiring large and medium private sector entities to assess the IR35 employment status of contractors and, where the rules apply, deduct income tax at source.