It would be a shame if HM Treasury’s more relaxed view, post-Brexit, on the timing of the elimination of the UK’s annual fiscal deficit was not used to facilitate some overdue tax reforms and simplifications. My suggestions for the Chancellor include the following tax changes. We hope (and, indeed, trust!) that he might announce some of them, if not all of them, in his Autumn Statement or his first Budget next Spring.
Focusing firstly upon the taxation of businesses:-
Turning secondly to the taxation of individuals:-
Stephen Herring, Head of Taxation, Institute of Directors
Get access to exclusive content, attend events, book courses, or become an IoD member, and start your IoD experience today.
A range of essential products and services handpicked for you.
Save 5% on specialist business insurances including Cyber & Data Risks, Office and Professional Indemnity
Best exchange rate guarantee and no fees on money transfers
Save up to 35% on policies that protect against the personal risks faced in director-level roles
10% discount on rentals and free membership of rental loyalty programme