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HMRC is using its data analytic powers to contact taxpayers where it thinks there’s a chance that income has been overlooked.

There continue to be significant changes to the already complex Capital Gains Tax (CGT) rules.

A figure of Captain America (think Marvel comic books), the Tin Man, some Norse gods and Grey Worm from ‘Game of Thrones’ all came before the tax tribunal recently.

If they weren’t exactly rabbits out of the hat, Spring Budget 2024 still sprang its share of surprises.

A reminder that minimum wage rates changed on 1 April 2024.

Spring Budget 2024 announced further cuts to National Insurance contributions (NICs) taking effect from the start of the tax year, 6 April 2024.

Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’.

Government support for the UK Creative Industries was hiked in the 2024 Spring Budget, with the news that the Audio Visual Expenditure Credit on Independent Films with Core Production Expenditure of up to £15 million will benefit from a new credit rate of 53%, which has the potential to deliver up to 31.8% in cash benefit (after tax is taken into account).

On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’.

As part of the government’s pledge to eliminate avoidable waste, and recycle a greater proportion of municipal waste, the rules on recycling responsibilities are changing. Extended producer responsibility for packaging (EPR) is part of this.

Under the General Data Protection Regulation (GDPR), individuals have the right to a copy of the personal data that your organisation holds about them. This is often known as a subject access request (SAR). The Information Commissioner’s Office (ICO) has recently issued new guidance for businesses and employers about how SARs should be dealt with.

The government has now consulted on replacing the two existing Research and Development (R&D) schemes for tax relief with a single merged scheme. The result: uncertainty.