9am Lowdown: Finance Bill, Brexit, & HMRCby
Good morning and welcome to Thursday's 9am Lowdown.
Following the publication of the Finance (No.2) Bill tomorrow, the Government will publish draft clauses for the Finance Bill on Wednesday 13 September 2017, along with accompanying explanatory notes, tax information and impact notes and other supporting documents. (Parliament)
* * *
Britain’s biggest companies have been asked to publicly state their support for the UK government’s approach to Brexit, angering many executives who say they will not be “strong-armed” by ministers. (Financial Times)
* * *
Nicola Sturgeon has raised the prospect of tax rises for the better off in Scotland to fund a programme of higher spending, including lifting the public sector pay cap. (The Guardian)
* * *
The government has confirmed the new state of the art HMRC premises in Leeds city centre. The 378,000 sq ft Wellington Place property letting will be one of the 13 regional centres around the country. (Insider Media)
New on AccountingWEB
Industry bodies have voiced concerns about the government’s leaked blueprint for post-Brexit immigration policy, stating that it would be ‘catastrophic’ for some industries.
Finance (no. 2) Bill 2017 will be published on 8 September. Rebecca Cave expects it to contain most, but not all of the provisions which were dropped from the first Finance Bill 2017 in April.
The Any Answers question of the day comes from AccountingWEB member Mr Hankey who asks: Have you ever made a client cry and would you comfort them?
Over on the blogs AccountingWEB regular Glennzy says goodbye to the summer as he prepares for busy season.
As announced on its Industry update page, MyFirmsApp has appointed the Dublin-based Savvy Apps, to launch the brand into the Irish market.