Land and property stamp tax receipts suffer biggest fall since credit crunch
Latest data from HMRC show that land and property stamp taxes (SDLT) plummeted by 7 per cent to £11,940 million in 2018-19. That’s the biggest drop since the credit crunch and economic downturn of 2008-09. This demonstrates the impact of falling house prices and market activity as well as changes to the tax itself. We delve into the detail.
Charities come within Making Tax Digital for VAT
From 1 October 2019, Making Tax Digital VAT reporting requirements apply to charities above the VAT registration threshold; but is the sector ready and what complexities do charities need to consider?