Tag Archives: treasury

Tax Code Doubled to 10 Million Words Under Conservatives

The tax code has doubled in size to about 10* million words since the Conservatives came to power in 2010, according to the Centre For Policy Studies. Give or take the odd ½ words I would not argue with 10 … Continue reading

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SNP Does Well for Scotland on Devolved Tax

The SNP government in Edinburgh has done very well for Scotland in the new block grant and devolved tax powers negotiations with the UK Treasury. In particular the deal protects the Barnet formula, under which Scotland gets extra money to … Continue reading

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Summer Budget on 8th July

The Treasury have announced the post-election summer budget is to be on Wednesday 8th July. Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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George Osborne Re-Appointed as Chancellor of the Exchequer

Following the election George Osborne has been re-appointed as Chancellor of the Exchequer, along with a promotion to First Minister of State. This should mean a broad continuation of the current tax regime set by the Treasury for HMRC to … Continue reading

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Budget Wednesday 18th March

The Budget is next week on Wednesday 18th March. As a tax barrister I expect it should follow the pattern set by the Autumn Statement from last year with maybe some eye-catching pre-election giveaway, but as ever the devil is … Continue reading

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Draft Finance Bill 2015 Published

Draft Finance Bill 2015 Published The Treasury has published the draft Finance Bill 2015, following the Autumn Statement last week by the Chancellor. Technical consultations are open, closing generally on 4th February 2015. Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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Chancellor’s Autumn Statement 3rd December

The Treasury have announced the date of the Chancellor’s autumn statement as Wednesday 3rd December 2014. The autumn statement is the government’s update on the economy and it’s tax plans, partly based on forecasts form the Office for Budget Responsibility. New … Continue reading

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Protests at Hungary proposed Tax on Internet Users

There have been street protests in Hungary at a proposed tax on internet users, which is seen an anti-democratic and unfair. The law will tax individuals and companies at so much per Gigabyte of data and supposedly be capped at … Continue reading

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Taxes: Schools, Hospitals and Having to Use A&E

As a tax barrister I often hear a Treasury line that taxes pay for schools and hospitals. But that also means the government has to honour it’s side. So I was intrigued that a report urging NHS England patients not … Continue reading

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No Cut in VAT for Tourism and Catering

The government has ruled out a cut in VAT for the tourism and catering sectors. David Gauke, a Treasury minister, has said a cut in VAT to 5% for catering would cost £9 to £10 billion, and £2 billion for … Continue reading

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