Insider May 23

May 2, 2023

HMRC RELEASES GUIDANCE ON LTA ABOLITION

HMRC has released guidance clarifying how it will phase in the abolition of the lifetime allowance (LTA) for pensions.

DIGITAL SERVICE TAX COULD BECOME PERMANENT

A new report from the Public Accounts Committee (PAC) warns that the “temporary” digital services tax (DST) could stay in place longer than planned.

NEW BUSINESS RATES BILL AIMS TO “LET COMMUNITIES THRIVE”

The Government has introduced a new bill to modernise business rates across the country.

HMRC U-TURNS ON PAPER ONLY SELFASSESSMENTS

Just weeks after announcing downloadable self-assessment returns would no longer be available online, HMRC has backtracked its decision.

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