What is tomorrow’s Spending Review all about?
Major fiscal events can be confusing for those not familiar with the public finances – this brief explainer may help.
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Don't miss out on our daily summary of what's happening in the world of accountancy. If you are a member you can change your contact preferences so it is delivered daily to your mailbox.Major fiscal events can be confusing for those not familiar with the public finances – this brief explainer may help.
Alison Ring, ICAEW’s director for public sector, has written to the Chief Secretary to the Treasury ahead of the Spending Review to stress the importance of investment in infrastructure, data and financial management.
ICAEW’s Tax Faculty explains the enhanced payment arrangements announced by the Chancellor for those paying income and capital gains tax via self assessment. HMRC has increased the upper threshold for online applications for time-to-pay to £30,000.
Rishi Sunak has unveiled a range of measures to stave off the threat of mass unemployment, including a new Job Support Scheme
The government publishes a selection of draft clauses together with consultations trailed at the Spring Budget. ICAEW’s Tax Faculty provides a roundup of the key tax developments.
Reports in the mainstream press suggest that an emergency Budget will be held in the week commencing 6 July, but there has been no confirmation from Treasury.
The Chancellor has increased the coronavirus emergency response fund to £14.5bn to cover the escalating costs of dealing with the pandemic.
Updated 6 April: The UK government is supporting businesses during the coronavirus pandemic by deferring VAT and self assessment payments. ICAEW's Tax Faculty outlines how the deferral will work.
23 March 2020: Della Hudson is a veteran of running online courses and webinars and she shares her tips to help businesses using the technology for the first time.
23 March 2020: ICAEW Chief Executive, Michael Izza, writes about what the future of finance might look like, and questions how we can evolve to meet the future needs of the industry.