On Wednesday morning HMRC raided football clubs Newcastle United and West Ham United as part of an investigation into tax fraud. It is probably in connection with transfer fees.
Parliament cuts Finance Bill ahead of General Election
Parliament has decided to drop more than half of the Finance (No 2) 2017 Bill: there is unsufficient time to debate the full bill before June's General Election. It also made some amendments and added five new clauses to remaining bill.
Finance Bill (No 2) 2017 Bill: amended version
The Finance Bill (No 2) 2017, includes all the measures that were omitted from the first Finance Act of 2017. This guide tracks the changes. Finance Bill 2017-19 was published on 1 December 2017.
Nichola's SME Tax W-update to 21 April 2017
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We have an interesting collection of news and updates this week and the fate of the current Finance Bill hangs in the balance.
The fate of the Finance (No 2) Bill 2016/17
STOP PRESS: On 25 April 2017 it was confirmed that a large chunk of the bill will be cut.
Prime Minister Theresa May's snap decision to call an early general election on 8 June 2017 leaves the fate of the Finance (No s) Bill 2016/17 hanging in the balance. It may either be rushed through parliament intact but with little parliamentary scrutiny or the more difficult parts of the bill could be omitted.
Nichola's SME Tax w-update 13 April 2017
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Just a short update this week due to the bank holiday weekend.
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