Susan Ball retweeted
Nov 2020 OTS report said a reduction to £6,000 in CGT AEA would result in 235,000 more individuals needing to report a capital gain and could generate £480m in additional revenues in 1st year. (About 96,000 of the affected taxpayers would already routinely file SA tax returns.)
Susan Ball retweeted
From 2025 electric vehicles no longer exempt from VED. Company car tax rates will remain lower for electric vehicles
#AutumnStatement
Susan Ball retweeted
The 23rd Cross Atlantic & European Tax Symposium, in association with @CIOTEuropeTax and the @GlobalIFA UK Branch, is underway!
We couldn't be happier to be welcoming #tax and #internationaltax professionals from around the world!
Susan Ball retweeted
Chancellor announcing #AutumnStatement tax measures -
Reducing the threshold for 45p rate from £150K to £125,140. Other IT thresholds frozen until 2028.
Dividend allowance cut from £2,000 to £1,000 (2023) then £500 (2024)
CGT allowance down to £6,000 (2023) then £3,000 (2024)
Susan Ball retweeted
From April 2023 the rate at which people pay the additional rate of income tax, charged at 45%, will change from £150k to those earning over £125,140.
This is a measure to ensure those with the highest incomes contribute more to help strengthen public finances. #AutumnStatement
Susan Ball retweeted
Join CIOT and ATT across our new "Employer Webinar Series". The first webinar is on Monday 31 October: "Attract & Retain the Best Talent in Tax". Register to reserve your place today to hear from likeminded employers: lnkd.in/eKKmBc-w #recruitment #webinar #tax #talent
Susan Ball retweeted
Press release: Government data grab concerns CIOT: tax.org.uk/government-data-g…
Susan Ball retweeted
.@CommonsPAC about to begin session with @HMRCgovuk. Watch on link below and/or follow our liveblog:
tax.org.uk/live-blog-hmrc-le…
In our evidence to PAC we raised HMRC service standards, repayment agents and the tax gap as well as fraud & error. Hopefully PAC will ask about these too.
Starting at 10AM 🕙
@NAOorguk found “material levels of error and #fraud" in @HMRCgovuk #COVID support schemes like #furlough & #SEISS - but more surprising perhaps, also in #PersonalTaxCredits expenditure and #CorporationTax #reliefs
Watch from 10 👓👉🏽📺parliamentlive.tv/event/inde…
PAC questions HMRC on fraud & error in last year's, qualified accounts
PAC questions HMRC on “material levels of error and #fraud" found in COVID support schemes like furlough & SEISS but also in Personal Tax Credits expenditure and Corporation Tax reliefs
Susan Ball retweeted
8 days ago the Chancellor launched his Growth Plan.
In 2 days time he makes his big conference speech.
Join our panel at #CPC22 or online, before, during and after Monday's speech, to discuss the govt's plans and what they mean for households & the economy
tax.org.uk/party-debates-202…
Susan Ball retweeted
We are delighted to announce our #Lab22 CIOT/@TheIFS conference debate:
Can tax help tackle the cost of living crisis?
Great panel:
Labour's @jamesmurray_ldn
IFS's @PJTheEconomist
FT's @ChrisGiles_
CIOT's @Smball1
Mon 26 Sep, 15.15-16.30, Jury’s Inn, Liverpool
#CIOTIFSdebates
Susan Ball retweeted
Chancellor: Income tax – additional (45p) rate being abolished, simplifying tax system
Basic rate of IT will be cut to 19p in April 2023 (a year early)
Susan Ball retweeted
Chancellor: IR35 rules will be simplified. 2017 and 2021 reforms will be repealed.
Fantastic evening hosting CIOT’s Parliamentary Reception. Thank you @lucyfrazermp @cmackinlay for speaking. On an important day for British Politics I spoke to our guests about the need for tax simplification, MTD and #HMRC service level improvements. @RSMUK @CIOTNEWS
Susan Ball retweeted
Winner of the Lifetime Achievement Award @GeorgeBull_ who has an unparalleled ability to get to the heart of a tax issue in a way that doesn’t dumb it down & makes it comprehensible to people without tax expertise. #TaxationAwards #TaxAwards2022 #Tolley sponsored by @AndersenUK
Before the #springstatement2022 did anyone else hear Boris talk about making changes for those working on UK shipping routes so that they are paid #NLW in response to questions on P&O?
#SpringStatement2022 Tax plan includes reviewing the over 1,000 tax reliefs and allowances in the tax system ahead of 2024. Some work to do then!
The tax plan includes a basic rate of income tax cut before the end of parliament in 2024 to 19% #SpringStatement2022
Sunak's tax plan out today will also include assessing whether the apprenticeship levy introduced in 2017 to pay for skills training - is doing enough!












