CGT receipts for 2020/21 reach record £14.3bn
Capital gains tax (CGT) receipts for tax year 2020/21, released by HM Revenue & Customs (HRMC), have reached their highest ever level of £14.3bn.
Source: professionaladviser.com
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Tax news in brief
Highlights from the broader tax news for the week ending 3 August 2022, including: penalties for facilitating avoidance schemes involving non-resident promoters; a review of hybrid and distance working; and a reminder to review eligibility to claim the marriage allowance.
Source: icaew.com
Kathryn Cearns (OBE) joins NDA Board as a Non-Executive Board Member
The Nuclear Decommissioning Authority (NDA) has today announced the appointment of Kathryn Cearns to its Board as a non-executive board member for a 3-year term from 1 August 2022 to 31 July 2025.
Source: gov.uk
OTS: new framework for tax simplification review
On 18 July 2022, the Office of Tax Simplification issued a Review of simplification and its Annual Report for 2021-22.
Source: icaew.com
Laura Suter: Sunak on 'one-man mission' to complicate tax system
The Office for Tax Simplification has a long road ahead of it and Rishi Sunak is making it longer, writes Laura Suter
Source: professionaladviser.com