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MPs call on HMRC to address challenges in tax admin

MPs call on HMRC to address challenges in tax admin

HMRC’s challenges in administering the tax system as it has become increasingly complex have been revealed in Parliament’s Public Accounts Committee (PAC) report, with trust in the agency falling, and costs rising significantly. The simplification of taxation has been...
Tax simplification measures – do they go far enough?

Tax simplification measures – do they go far enough?

The Government has revealed a package of changes designed to simplify the tax and customs system and to help deliver its ‘Plan for Change’. There are 26 measures included in the changes, plus two administrative measures to strengthen the “integrity of the tax and...
Extra steps needed to calculate Capital Gains Tax

Extra steps needed to calculate Capital Gains Tax

Anyone making disposals of assets on or after October 30, 2024, will need to take some extra steps to calculate any Capital Gains Tax (CGT) due. The extra steps, which will affect individuals, trustees and personal representatives, have resulted from the...