HMRC stops sending out paper tax returns

A minority of self-assessment taxpayers will no longer receive blank paper tax returns through the post. HMRC is to stop automatically sending out these blank copies in an attempt to get more taxpayers using the Revenue's online services. Last April, HMRC...

Capital gains tax receipts tipped to soar

Changes to entrepreneurs' relief are being tipped to contribute towards a large rise in capital gains tax receipts over the coming years. The lifetime limit on qualifying disposals eligible for the lower 10% capital gains tax rate was reduced last week, from £10...

Spring Budget 2020: Personal

Tapered annual allowance threshold raised In 2020/21, the two thresholds at which the tapered annual allowance applies will both increase by £90,000. This applies to individuals with a threshold income of more than £200,000 and an adjusted income above £240,000. For...

Spring Budget 2020: Reactions

Support announced for businesses affected by COVID-19 Jonathan Geldart, director-general of the Institute of Directors, said: "This was a box-office Budget. Given the circumstances, the Chancellor had to be bold, and he came through for business today. "With the...

Spring Budget 2020: Expectations

Chancellor Rishi Sunak will deliver his Spring Budget speech this afternoon, just 27 days after succeeding Sajid Javid.  It’s been a whirlwind month for the new Chancellor, who rewrote Javid’s speech before coronavirus forced another urgent rethink.  Whether...
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