David Shackleton

Hundreds of highly skilled migrants have lied about how much they earn to try and stay in the #UK permanently. The #HomeOffice said in 90% of cases they reviewed, applicants had increased their earnings by over £10k to reach the threshold needed to qualify for long-term residence

#TheresaMay fires warning shot at EU member states warning that Brussels' stance on a post-Brexit security deal will put their citizens at risk and at an #EU summit in Brussels, the prime minister urged leaders to consider "the safety of your citizens and mine".

Business and technology groups warn #EU leaders that the #EuropeanCommission's proposal for a digital services tax would be "deeply harmful" to the EU business environment and may lead to double taxation.

#EUleaders are expected to call for progress on new rules to tax companies’ digital revenues at a summit next week in #Brussels.The draft represents an attempt to revamp the EU Commission’s proposals for a 3% on large firms’ digital turnover after many EU states opposed the plan.

#Taxrelief on mortgage interest for buy-to-let investors is currently being phased down to the basic rate, with the changes predicted to leave some #landlords struggling to earn as much from properties.

According to a leaked document, European leaders will be told to step up preparations for a "no deal" #Brexit. Draft conclusions of next week's #EuropeanCouncil summit will call on member states & stakeholders to "step up their work on preparedness at all levels for all outcomes"

#TheresaMay states that tax rises to pay for a £20.5 billion-a-year boost to the NHS budget will be "fair and balanced," and she has called on #NicolaSturgeon to use Scotland’s near £2bn knock-on windfall to fund health care north of the border.

The deadline for submitting #P11D forms is 6 July. This is also the date by which employers must provide details of class 1A #NationalInsurance contributions owed for 2017-18. These must be paid by 22 July and if paying by cheque by the 19 July.

Research suggests that a “no deal” #Brexit could cost UK households £1,000 a year, with the impact disproportionately felt by lower households, with suggestions that whatever deal is struck the #UK household spending will rise & consumer businesses’ profitability will fall.

#OfficeofTaxSimplification publishes a review on simplifying tax relief for fixed assets, exploring the impact & issues involved in replacing #capitalallowances with accounting depreciation. It considered the position in relation to unincorporated businesses as well as companies.

#PM pledges to increase funding for the #NHS by 20bn after Brexit, funded by money no longer spent on membership of the EU & possible tax rises. The pledge drew immediate scepticism, with critics saying the plans lacked detail & questioned whether leaving the EU would save money.

According to reports the #rentalsectorgrowth has slowed but it doesn't mean that it has become any more affordable for first-time buyers to get on the property ladder & warns that first-time buyers are more likely to be suffering rather than benefiting from #Government clampdowns

From 1st October 2019 a VAT reverse charge will apply in the UK to supplies of construction services, meaning that the customer will be liable to account to #HMRC for the #VAT in respect of supplies of certain construction services, rather than the supplier.

Campaigners criticise claims that the new £2 maximum stake on highly-addictive #bettingmachines will not come into force for 2 years & claim that it follows a "backroom deal" between the Gov & #bookmakers, who claim they need a longer implementation period to reprogram terminals.

According to reports, the gov's #universalcreditsystem has not - and may never - deliver value for money and that the single payment scheme may cost more than the benefits system it replaces. It might also never be known if it will achieve its stated goal to increase #employment

Scottish Gov confirms it will introduce legislation clarifying that a #taxexemption for businesses transferring ownership of property within a group of companies using shares as financial security has been available since the introduction of the 2015 #LandBuildingsTransactiontax.

#Government review looks into IHT system & has been warned against making major changes, & instead to opt for small changes to make it #Brexit ready. The review is looking at the ease or complexity of legislative rules around IHT with the aim of recommending improvements.

Immigration rules are to be softened to allow thousands more doctors and nurses from non-EU countries into Britain. The move was announced by Home Secretary #SajidJavid on Thursday as part of a drive to allow in more highly-skilled migrants in the run up to #Brexit.

#PhilipHammond is preparing to hike taxes by £10billion to bankroll a major funding boost for the NHS while #TheresaMay is also getting ready to bolster the number of doctors by lifting the cap on the number of skilled workers from outside the EU who can come to the UK.

Analysis has found that households with one or more people who are past state pension age are paying out nearly £9bn in income tax a year and out of the 8.7m so called #pensioner households in the UK, 1.4m of them contain a worker generating #taxableincome.