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TAXline News: March 2019

Frank Haskew, Head of the Tax Faculty, reports on recent developments at the Tax Faculty during March 2019.

The Finance Act 2019 received Royal Assent on 12 February 2019. Our representations made on the Bill can all be accessed through our website.

We were delighted to see that fellow ICAEW member Kathryn Cearns has been appointed as the new chair of the Office of Tax Simplification (OTS), replacing Angela Knight. Kathryn is currently chair of ICAEW’s Financial Reporting Committee and a member of ICAEW’s Council. Her appointment follows on from the appointment reported last month of Bill Dodwell as head of the OTS. We wish Kathryn well and look forward to working with her and Bill, and to continuing our support to the OTS, most recently in respect of its work on inheritance tax and life events for individuals.