Blog

Displaying 10 of 169 results
May 2018
George Bull
Weekly tax brief

Tax the old or tax the rich?

The Resolution Foundation has published the final report of the Intergenerational Commission “A New Generational Contract”. Recognising that most families are already doing whatever they can to care for their older people while supporting the younger ones, the report states categorically that “so far the state has failed to adapt”. Sadly, those families which have done most to adapt are the ones which are most likely to suffer under the new proposals.

5 minutes
May 2018
Stuart McCallum

Disruptive direction of travel for food and drink sector

drinks

The introduction of minimum pricing for alcohol this week is the latest step from the Scottish government to influence change and improve the health and well-being north of the border. Following the introduction of the ‘sugar tax’ in April across the whole of the UK, the minimum pricing for alcohol measures aims to end Scotland’s ‘unhealthy relationship with alcohol’. However, the move will mainly target ‘cheap’, ‘strong’ alcohol products. So, as of 1 May a bottle of strong cider which did cost £2.50 will now cost £7.50, as 50p is charged for every unit of alcohol.

3 minutes
May 2018
George Bull
Weekly tax brief

IHT review: farewell to AIM BPR funds?

The Office of Tax Simplification has now published its call for evidence in its review of inheritance tax. Simpler administrative arrangements are likely to be accompanied by a drastic restriction to business property relief. We hope that this once-in-a-lifetime review will restore a clear policy direction to IHT and will ensure that it operates in a fair, clear and certain manner. This is too good an opportunity to be missed

3 minutes

Pages