As part of the March 2020 Spring Budget, Chancellor Rishi Sunak announced a new requirement on large businesses to notify HMRC of uncertain tax treatments taken.…
As the Budget is taking place on Wednesday 3 March, Corporate Tax Partner Daniel Sladen and Head of Tax, John Endacott, sat down to discuss some likely (and not so likely) outcomes. Some of the topics discussed included the role interest rates and inflation has on the deficit, how much can realistically be raised by tax increases, how quickly those increases are likely to come and the balance between increasing the tax burden without slowing the economy. There was also discussion around the continuation of support packages to some sectors of the economy and the likelihood of Government loans and deferrals ever being paid back.
Listen to the full conversation here!
If you haven’t done so already, if you would like to book your place for our post-Budget panel discussion on Thursday 4 March at 12.00 – 12.45pm – please click here
On Budget day itself – follow our live feed on our dedicated webpage from 12.30pm https://budget.pkf-francisclark.co.uk/