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Displaying 1-10 of 38 results
Spending Review leaves inflationary sting in local authorities
- Article
- 29 Oct 2021
A relatively large increase in central government funding for local authorities is likely to be offset by a below-inflation council tax rise next year. Further cuts may be needed to balance the books in local authorities facing rising costs on top of low reserves.
A trillion-pound Autumn Budget driven by tax and spending
- Article
- 28 Oct 2021
The Chancellor used tax rises to start repairing the public finances but spending pressures could derail his hopes for a pre-election tax giveaway in 2023 or 2024.
Limited additional funding for HMRC in Spending Review
- Article
- 28 Oct 2021
HMRC’s Spending Review 2021 settlement will see its spending, excluding that ringfenced for COVID-19, increase to £5.2bn per year by 2024/25. ICAEW’s Tax Faculty explains how HMRC might prioritise the £0.9bn funding increase on its 2019/20 settlement.
Chart of the week: Spending Review 2021
- Article
- 28 Oct 2021
Chancellor of the Exchequer Rishi Sunak found some extra money to supplement the Spending Review 2021, turning a very tough settlement for government departments into a moderately tough one.
Tough choices facing public finance
- Article
- 27 Oct 2021
More tax, more investment, more spending, less borrowing. ICAEW’s Public Sector experts examine the Spending Review and Autumn Budget 2021 announcements.
A Budget full of fizz but many questions to answer
- Article
- 27 Oct 2021
ICAEW experts have welcomed an Autumn Budget containing measures to tackle some of the UK’s immediate challenges, but with inflation and living costs rising the fizz could go flat very quickly.
Autumn Budget 2021: small wins for business, but a lack of ‘wow’
- Article
- 27 Oct 2021
The measures outlined in the Budget’s speech are welcome, but do little to address immediate cost and supply chain pressures.
Budget confirms one-year delay to basis period reform
- Article
- 27 Oct 2021
The government has announced that reforms to the taxation of unincorporated businesses (known as ‘basis period reform’) will go ahead as planned, although implementation has been pushed back to 2024.
An awesome performance, but few tax measures
- Article
- 27 Oct 2021
ICAEW’s Head of Tax on the Budget, which despite announcements on business rates, R&D tax relief and a promise of future tax cuts, provided more political spectacle than detailed tax policy.
Budget aims to boost UK’s attractiveness to business
- Article
- 27 Oct 2021
A number of measures announced in the Autumn Budget are designed to make the UK a more attractive place to do business. ICAEW’s Tax Faculty outlines the key tax-related measures, including changes to R&D reliefs and enabling companies to move their place of incorporation to the UK.
Displaying 1-10 of 38 results