By all accounts 2024 has been a busy year in the tax world driven in part by a new government and a number of significant and some would argue controversial changes introduced in the Autumn Budget in particular in relation to IHT. Those changes have already generated a substantial amount of dissatisfaction and protest amongst different sections of the taxpaying community some of which will inevitably play out in disputes that come before the tax tribunals and courts in due course. Coupled with a significant funding boost for HMRC an intention to recruit thousands of additional compliance and debt management staff the modernisation of HMRC’s IT and data systems to improve productivity and a...
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By all accounts 2024 has been a busy year in the tax world driven in part by a new government and a number of significant and some would argue controversial changes introduced in the Autumn Budget in particular in relation to IHT. Those changes have already generated a substantial amount of dissatisfaction and protest amongst different sections of the taxpaying community some of which will inevitably play out in disputes that come before the tax tribunals and courts in due course. Coupled with a significant funding boost for HMRC an intention to recruit thousands of additional compliance and debt management staff the modernisation of HMRC’s IT and data systems to improve productivity and a...
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