The House of Commons has rejected a Labour motion calling for analysis of the impact of abolishing non-dom tax status on public finances to be made public. However, a government minister hinted that there might be changes made in this area in the March Budget ..read more

MPs have debated the High Income Child Benefit Charge, in a debate which heard two SNP MPs call for universality to be restored to child benefit ..read more

Public Finance Minister Tom Arthur has confirmed that the Scottish Government will set out its plans for reforming the Additional Dwelling Supplement (ADS) of Land and Buildings Transaction Tax (LBTT) in the coming weeks ..read more

On 18th January the House of Lords passed the Stamp Duty Land Tax (Temporary Relief) Bill through all its stages following just half an hour of debate ..read more

Kelly Sizer, Senior Manager for the Low Incomes Tax Reform Group, was invited to speak at the Resolution Foundation’s ‘Saving savings?’ event on 16 January 2023, discussing the launch of their report ‘ISA ISA baby’. The report is based upon the Resolution Foundation’s research exploring government incentives for saving in the UK, carried out in partnership with the abrdn Financial Fairness Trust ..read more

Extending bereavement benefit payments to the cohabiting unmarried partners of those who have died where there are dependent children won cross-party support in the House of Lords on Tuesday, but peers said the Government must clarify how potentially large backdated payments will be treated for tax and benefits purposes ..read more

Report stage of the Bill will be taken over two days – Tuesday 24 and Wednesday 25 January. The amendments and new clauses will be divided into just two groups – those relating to parts 1, 2 and 3 of the Bill will be debated on the first day and those relating to parts 4, 5 and 6 of the Bill on the second day. An hour is allowed at the end of the second day for third reading debate ..read more

The Economic Crime and Corporate Transparency Bill returns to the floor of the House of Commons next week (24-25 January) having completed its committee stage in late November. While not containing any tax changes it does include measures relevant to tax professionals. This report summarises the Bill's committee stage ..read more

Penalties are not issued to taxpayers who make “innocent errors” on their tax returns, but can be if an error is determined to be the result of “carelessness”, HMRC chief executive Jim Harra told the Public Accounts Committee (PAC) at an evidence session today (Thursday 26 January ..read more

The Economic Crime and Corporate Transparency Bill returned to the floor of the House of Commons on 24-25 January for a lively report stage, with more than 150 amendments and new clauses tabled by the Government, opposition parties and cross-party alliances of MPs. The most significant development of the two days was the ministerial confirmation that the Government would introduce a “failure to prevent” offence in the House of Lords ..read more