Blog

CIOT Wales' Ritchie Tout on Welsh Government plans for a vacant land tax and the debate about housing supply. This first appeared in the Western Mail on Thursday 8 November 2018.

The Treasury Committee has held three evidence sessions for its inquiry into Budget 2018, taking evidence from the OBR, economists and the Chancellor.  Additionally the committee has received written evidence from CIOT and ICAEW on those organisations’ views of the Budget measures. The committee is not expected to take further evidence and is thought likely to report in the next few days.

MPs spent four days this week debating the Budget and related policy issues, before voting on the Budget resolutions on Thursday (1) evening. 

The devolution of tax-setting powers across the UK is a transformative issue meriting wider debate than at present.

That was the overwhelming view of a panel of experts who gathered at 10-11 Carlton House Terrace for the latest CIOT/IFS debate on the future of the UK’s tax system, chaired by Helen Miller from the IFS.

The House of Lords Economic Affairs Committee Finance Bill Sub-Committee are holding an oral evidence session on Draft Finance Bill 2018 with representatives from HMRC. The CIOT are liveblogging the session from 4pm today (Mon).

Peers held three hearings last week as part of their inquiry into the provisions of Draft Finance Bill 2018 (which focuses on Making Tax Digital and HMRC Powers). This followed an earlier hearing with representatives of tax and accountancy bodies, including the CIOT’s John Cullinane - see here

 

The House of Lords Economic Affairs Finance Bill Sub-Committee will take oral evidence on HMRC Powers and Making Tax Digital from LITRG and others today as part of its inquiry into Draft Finance Bill 2018. A liveblog appears below.

Scotland’s finance secretary, Derek Mackay, professed himself “filled with pride” over the government’s tax policies, but the SNP’s annual conference was this year light on tax debate, with little in the way of new policy announcements.

This is part of a series of reports on tax policy discussions at the main party conferences. A round-up of the Conservative conference can be found here, Labour conference here and the Lib Dem conference here.

The Scottish Government is expected to press ahead with plans to introduce a business rates levy for online businesses, the focus of debate at this year's CIOT fringe event at SNP conference in Glasgow.

The House of Lords Economic Affairs Finance Bill Sub-Committee took oral evidence on Making Tax Digital and HMRC Powers today as part of its inquiry into Draft Finance Bill 2018. A liveblog appears below.