Tax returns are not yet “the best indicator” of whether someone is a Scottish taxpayer, because the present error rate is higher than HM Revenue & Customs would like, according to a tax official.
Jim Harra, HMRC deputy chief executive and second permanent secretary, sought May 9 to assure members of the Scottish Parliament on the Public Audit and Post-Legislative Scrutiny Committee that an error like a recent one that led to a third of MSPs receiving incorrect PAYE codes could not affect the wider population. My news story for Tax Notes (paywall), May 11: HMRC to Review Scottish Taxpayer Guidance.
The government should abolish tapering of tax relief for pension contributions, according to a former pensions minister who warned that NHS patient care must not “suffer on the altar of Treasury intransigence” … Philip Hammond has suggested that a solution may lie in allowing more flexibility in NHS pension schemes for highly paid staff.
My news story for Tax Notes (paywall), May 10: https://www.taxnotes.com/worldwide-tax-daily/tax-preference-items-and-incentives/uk-doctors-urge-changes-pensions-tax-relief/2019/05/10/29gy5
Rolling back the “incredible number” of tax reliefs is one of several ways to fund a basic income, said a report for Labour’s Shadow Chancellor of the Exchequer John McDonnell … The report “moves the debate on to the question of pilot schemes,” the Progressive Economy Forum noted.
My news story for Tax Notes (paywall), May 9: https://www.taxnotes.com/worldwide-tax-daily/tax-preference-items-and-incentives/labour-party-consider-uk-tax-overhaul-fund-basic-income/2019/05/09/29grp
Reform of the “uneconomical, unsustainable, and frankly unintelligible” business rates system in England cannot come soon enough, John Allan, president of the CBI, told business leaders … John Boulton, technical strategy manager at the ICAEW, told the House of Commons Treasury Committee on May 7 that business rates fail to meet at least three of the institute’s “ten tenets for a better tax system”. The committee is examining the impact of business rates and has published more than 100 items of written evidence.
My news story for Tax Notes (paywall), May 8: https://www.taxnotes.com/worldwide-tax-daily/property-taxation/cbi-urges-reform-englands-unsustainable-business-rates/2019/05/08/29gm9