It’s been a whole calendar year without a Chancellor unveiling a Budget at the dispatch box and the excitement in the AccountingWEB pod booth is palpable.
Host Richard Hattersley, AccountingWEB’s consulting tax editor Rebecca Cave and resident Budget boffin John Stokdyk have plenty to chew over. Already, we’re getting some leaks and rumours about what we might expect come 11 March.
In this week's podcast, the editorial team goes through the likelihood of these actually happening. Get your Budget bingo ready. We might not hear a ‘fix the roof while the sun is shining’ this year, but what rabbits might the Chancellor pull out his hat?
The team consider the potential changes to inheritance tax, business rates, pensions, and the possibility of Sajid Javid concealing the loan charge or off-payroll working in his red Budget box.
As well as the Budget chinwag, the team join accountants in breathing a big sigh of relief at the end of self assessment season and look back at the highs and lows of the annual event.
Once they’ve done ceremonially burning the bag of receipts, the team ends the show by looking at a CIOT and ATT’s joint survey which found Making Tax Digital for VAT does not reduce errors.