Last month’s unexpected election result has been followed by the more anticipated announcement of a second 2015 Budget. Quite what it will be about is unclear for now – the Treasury’s press release gave little more than the date. In … Continue reading →

Annual inflation has been zero for two months. Both the February and March readings for annual Consumer Prices Index (CPI) were a big fat zero, the lowest level since the index formally started in 1997. Were it not for rounding, … Continue reading →

A lesson in why it pays to take advice has ended with a creative decision from a tax tribunal.   It is unfortunately all too common for the UK’s labyrinthine tax legislation to create some unwelcome tax traps for the … Continue reading →

Not all the contents of the March Budget reached the statute book. Democratic scrutiny is not always what it seems. Consider this year’s (first?) Budget, presented by the Chancellor on 18 March. It was followed by the issue of a … Continue reading →