Media and politics

The National Insurance Contributions (Termination Awards and Sporting Testimonials) Bill completed its passage through the House of Commons this week. The Bill will introduce a limited class 1A employer charge on termination payments over £30,000 and on payments over £100,000 related to non-contractual sporting testimonials.

Business rates came in for plenty of criticism from expert witnesses during the Treasury Committee's ongoing inquiry into business rates.

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).