Displaying 1-10 of 12 results
Autumn Finance Bill and NIC Bill
- Article
- 30 Nov 2023
ICAEW’s Tax Faculty highlights the key measures included in the Autumn Finance Bill and the NIC Bill.
Autumn Statement: the tax changes that didn’t make the headlines
- Article
- 29 Nov 2023
ICAEW’s Tax Faculty scans the Autumn Statement documents for other tax-related announcements. Various tax measures can be found in the Overview of tax legislation and rates, the Autumn Statement, and updated Tax information and impact notes.
Self assessment criteria are changing
- Article
- 29 Nov 2023
A further change to the criteria for filing a self assessment tax return was announced in the Autumn Statement 2023. More changes are expected as new digital services are rolled out or improved.
Chancellor confirms full expensing will be permanent
- Article
- 22 Nov 2023
The full expensing regime will not expire on 31 March 2026 and will be made permanent, the Chancellor announced at the Autumn Statement on 22 November 2023.
R&D tax relief merger to go ahead despite concerns
- Article
- 22 Nov 2023
Jeremy Hunt has confirmed in the Autumn Statement that the two existing research and development tax relief schemes will merge with effect for accounting periods from 1 April 2024.
Expansion of cash basis for unincorporated businesses
- Article
- 22 Nov 2023
The government has published the summary of responses to a consultation on the cash basis alongside the Autumn Statement. This announces relaxations that will allow more businesses to use this basis of taxation from 6 April 2024.
Extension of VAT zero rates in Autumn Statement
- Article
- 22 Nov 2023
The zero rate of VAT will apply to reusable period underwear and the installation of a wider range of energy saving materials from early 2024.
CIS gross payment compliance tests to be strengthened
- Article
- 22 Nov 2023
The Chancellor has confirmed that VAT compliance will be considered for obtaining and retaining gross payment status. Cancellation of gross payment status on grounds of fraud will also be expanded.
Off-payroll working offset rules to be introduced from April 2024
- Article
- 22 Nov 2023
The Autumn Statement confirms a welcome new power to offset tax following a correction to an employment status determination.
MTD ITSA announcement disappoints
- Article
- 22 Nov 2023
The government has missed the opportunity to seriously reconsider its MTD ITSA policy. The decision on mandating MTD for the self-employed and landlords with turnover below £30,000 is to remain under review.
Displaying 1-10 of 12 results
Autumn Statement
On 22 November 2023, Chancellor Jeremy Hunt delivered the Autumn Statement. Read ICAEW's analysis and reaction.
