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The kindest tax cut

Tuesday, April 12, 2011 | Posted by: Mike Warburton
Categories: Business | Tags: HMRC, budget, legislation, tax policy, tax reliefs, Office for Tax Simplification, Mike Warburton, OTS, budget2011, tax agents

In July 2010, the chancellor announced the establishment of an Office for Tax Simplification (OTS). It was set up to work with tax professionals, and Grant Thornton has given full support. After the OTS produced an interim report last November and a final report in time for the March Budget, the chancellor duly announced his acceptance of some of the recommendations. Mike Warburton reviews the UK’s high volume of tax legislation and the new body’s role.

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Expect tax rises to be kept in the dark until after the election

Wednesday, May 05, 2010 | Posted by: Richard Jameson
Categories: Protecting your wealth | Tags: tax, Richard Jameson, Alistair Darling, tax policy, PSBR, election, NICs, national insurance, tax rises, Conservative, Liberal Democrat, Labour

So far, the UK General Election has been marked less by the usual debates over different tax policy minutiae and more by who will cut spending from what, when they intend to do it, and at what rate.

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Five things the Government could do to keep Britain working

Monday, February 08, 2010 | Posted by: Richard Jameson
Categories: Business, Employer, Protecting your wealth | Tags: economy, Richard Jameson, government, tax policy, relocation, NICs, Tax Manifesto, labour, National Insurance Contributions, flexible, manifesto, personal tax allowance, working, jobs

Flexible working, targeted National Insurance holidays, tax breaks for new workers or the long-term unemployed… with 1% going on National Insurance Contributions, we need to stimulate the jobs market to keep workers off state benefits. Here’s some free advice for the next government…

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Why the UK needs a Tax Policy Committee

Friday, January 08, 2010 | Posted by: Richard Jameson
Categories: Protecting your wealth | Tags: Richard Jameson, budget, legislation, tax policy, PBR, consultation, tax manifesto, petition, Monetary Policy Committee, MPC, committee, pre-budget report

The Pre-Budget Report is the second most important date in the tax calendar, second only to the annual Budget. It is often a time when a flurry of draft legislation is announced. In the run-up to a general election, the PBR often heralds the drawing up of battle lines. The danger with this is that political considerations can cloud tax policy. Remember the

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