Spring 2021 Budget – First Thoughts

Please note this content was written contemporaneously, and may well now be superseded Our first thoughts on todays budget.  As always these thoughts are “hot of the press” from our review of budget documents published today, and as is often the case there...

HMRC in £4.5bn compliance crackdown

More staff and funding for tax compliance and investigations teams.  HMRC has been given the budget to increase compliance and investigation team headcounts by 1,300, with an expectation that they will raise an additional £4.5bn in tax by 2025, including measures such...