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CIOT urges government to simplify Structures and Buildings Allowance February 13, 2019

The Chartered Institute of Taxation (CIOT) has urged the government to ‘simplify’ its new Structures and Buildings Allowance (SBA). The SBA provides relief for expenditure on certain new, non-residential structures and buildings. Eligible construction costs incurred on or after 29 October 2018 will qualify for relief: this will be at an annual rate of 2%,
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UK small firms spending ‘significant amount’ on tax and employment obligations February 7, 2019

According to new research, UK small businesses are spending 15% more on tax and employment obligations when compared to 2011. The Impact of Government Policy Index (IGPI), which was compiled jointly by the Federation of Small Businesses (FSB) and the Centre for Economics and Business Research (CEBR), found that the average UK small business spends
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Treasury Committee launches business rates inquiry February 7, 2019

The Treasury Committee has launched an inquiry into the UK’s business rates system, in order to assess the impact of business rates on firms. The Committee intends to examine how changes in government policy have altered the business rates system. It will also analyse ‘how the current business rates system is operating’. Additionally, the inquiry
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CBI outlines next stage of apprenticeship reform February 7, 2019

The Confederation of British Industry (CBI) has published a report outlining the next steps that must be taken in order to successfully reform the UK’s apprenticeship system. The report suggests that the government should give the Institute for Apprenticeships (IfA), the principal body for vocational skills in England, the ‘independence and clout it needs’ in
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Taxpayers urge HMRC to delete biometric data January 30, 2019

Thousands of taxpayers have urged HMRC to delete the biometric data it stored during phone calls made to its Voice ID system. HMRC has gathered millions of callers’ biometric data since launching its Voice ID system in 2017. However, non-profit organisation Big Brother Watch stated that people have been ‘railroaded into a mass ID scheme
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