What’s New

Finance Bill 2021

11 March 2021 – The draft Finance Bill has been published, including various measures announced at the Budget on 3…

Corporation tax losses

3 March 2021 – Where a company incurs a loss in an accounting period ending between 1 April 2020 and…

Corporation tax rate

3 March 2021 – In the Budget, it was announced that the rate of corporation tax would increase from 19%…

Third party data

27 January 2021 – The Office of Tax Simplification is consulting on whether and how third parties, such as fund…

UK funds regime

26 January 2021 – HM Treasury has launched a consultation seeking input on issues across both tax and regulation as…

Mandatory disclosure regime

31 December 2020 – HMRC has announced a significant reduction in the scope of reporting required under the EU’s “DAC6”…

Making Tax Digital

12 November 2020 – A consultation has been published to explore how the principles of Making Tax Digital could be…

OTS review of CGT

11 November 2020 – The Office of Tax Simplification has published a report into Capital Gains Tax, following an earlier…

Finance Act 2020

22 July 2020 – This Act has now received Royal Assent. This follows the publication of draft legislation and supporting…