Not such a taxing day: Claire Trott's round-up of the Treasury's damp squib

Tax doesn't have to be taxing

clock • 3 min read

Claire Trott has cast her eagle eye over the Treasury's 'Tax Day' documents and, while widescale changes did not materialise, she has found a few nuggets advisers should know about...

With all the hype about the command paper and what we could have seen today, I am not sure if I am relieved or disappointed with what was finally published. The consultations, summary papers and calls for evidence were grouped into three sections: modernising tax administration, tackling non-compliance and further announcements. The first section on modernising tax administration supports the government's 10-year tax administration strategy announced in July 2020. This contains a call for evidence that could reap significant change. As we know the tax legislation is historic has be...

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