Trusted and modern: HMRC's vision for the future
Delivered by Lucy Frazer, Financial Secretary to the Treasury.
Source: gov.uk
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Limited additional funding for HMRC in Spending Review
HMRC’s Spending Review 2021 settlement will see its spending, excluding that ringfenced for COVID-19, increase to £5.2bn per year by 2024/25. ICAEW’s Tax Faculty explains how HMRC might prioritise the £0.9bn funding increase on its 2019/20 settlement.
Source: icaew.com
Budget: Cloud and data added to R&D tax credits, tech skills and digital boost for departments
Rishi Sunak announces government plans to incentivise private sector investment in research and development, attract global talent and boost the UK’s skills base, as well as other initiatives aimed at positioning the UK as ‘a science and technology superpower’.
Source: computerweekly.com
OTS Capital Gains Tax Review: Simplifying practical, technical and administrative issues
This second report considers key practical, technical and administrative Capital Gains Tax issues.
Source: gov.uk