SPRING-BUDGET

Edward Reed and Emma Critchley (Macfarlanes) recap the key private clients announcements in the Spring Budget, and they report some interesting procedural points when challenging HMRC enquiries.

The Chartered Institute of Taxation has praised the chancellor for delivering a Budget with fewer tax changes – and fewer measures in total – in it than any Budget or Autumn Statement since at least 2010. It is also the shortest ‘red book’ for any fiscal event since 2010.