In its haste to gain Royal Assent before June’s general election, the Finance Bill saw over half its contents removed. But the intent to crack down on tax avoidance still permeates its pages. So it doesn’t hurt to understand what that entails and what the difference between tax avoidance and tax evasion is.
On reflection, the UK’s 5.4m SMEs had a good Budget overall today with a number of generous tax breaks, notes Lesley Stalker of RJP.
The government's consultation on whether crowdfunding should form part of an ISA portfolio ends today.