Media and politics

A new report from a House of Lords committee draws on CIOT evidence to make recommendations on new HMRC compliance and anti-avoidance powers.

CIOT committee member Megan Saksida writes a guest blog on the merits of using trusts and asks why there has been a decline in their use

Legislation to establish the special VAT and customs regime that will apply in Northern Ireland from next month, and to scrap low value consignment relief across the UK, has begun its passage through the UK Parliament ahead of the end of the Brexit Transition Period at the end of the month.

On Wednesday, Liberal Democrat MP Munira Wilson led a Westminster Hall debate on support for three million self-employed workers ruled ineligible for the government’s Coronavirus support schemes.

The House of Commons Treasury Committee held a session on HMRC’s Annual Report on Monday 7 December.  The witnesses were HMRC CEO Jim Harra, Penny Ciniewicz, Director General, Head of Customer Compliance at HMRC and Jonathan Russell CB, Interim CEO, Valuation Office Agency.

The UK has a once-in-a-lifetime chance to craft and simplify VAT and customs duties after Brexit, agreed tax experts at a CIOT/IFS ‘virtual’ debate on ‘VAT and Customs Duties after Brexit’.

If the government chooses to raise taxes as a response to the coronavirus pandemic, it should go for a one-off wealth tax, says a commission of experts.

Report on the 2020 Scottish National Party Conference (online) – 28 – 30 November 2020.

The SNP were the last of the major parties to hold their autumn conference, with an online gathering that began on 28 November and concluded on St. Andrew’s Day, 30 November, with an address to delegates from Scotland’s first minister, Nicola Sturgeon.

As with other recent SNP conferences, detailed discussions on tax policy were absent from the main agenda. Nevertheless, a headline-grabbing policy announcement from the first minister, together with some mentions across a smattering of debates and fringe events, as well as recent debates in the Scottish Parliament – help give us an indication of the party’s approach to tax policy in the lead up to next May’s Scottish Parliament elections.

MPs debated the Work and Pensions Committee’s report on the response of the Department for Work and Pensions (DWP) to COVID-19, last Thursday (26 November).

The Public Accounts Committee (PAC) is looking at what happens at the UK Border when the Brexit transition period ends on 31 December 2020. The Committee has questioned senior officials from a number of government departments on the Government’s preparedness for the end of the transition period.