ATT Welcome

The new dawn of Budget Day

My lack of Budget predictions in my last Welcome page turned out to be absolutely spot on: nothing much happened in the Budget and most of that was leaked beforehand anyway.

While last month’s Budget might have been light on headline grabbing tax announcements, there was still plenty of detail for the ATT, CIOT and LITRG technical teams to work through, with all three bodies publishing press releases on Budget Day. The Finance Bill has already been published and our technical teams are hard at work providing feedback and guidance.

We will be having our usual meeting with the HMRC and HMT Budget teams. If you have any feedback on the documentation or communications from last month (not technical detail on the measures themselves), please let our technical team know.