The CBI has stated that the government could do better to maintain solidity within the taxation structure by allowing current tax rules to remain in place for far longer, or even indefinitely.
However specific refinements could be implemented, as well as planned upgrading of corporation tax and taxes on profits made abroad.
At the same time changes to capital allowances, NI contributions and a cap on business rates could have far reaching benefits, especially in terms of uplifting basic infrastructure and helping shops to flourish amidst challenging economic conditions.
- HMRC Investigate Fraudulent Job Retention Scheme Claims - June 17, 2020
- Worldwide Disclosure – HMRC and Living Overseas - May 21, 2019
- UK Tax Loan Scheme for Pilots Still Up in the Air - March 20, 2019
Ricky worked as an Investigator in the Inland Revenue for over 20 years before founding Steedman & Company in 1987, giving him the experience and knowledge that enabled him to help so many clients over the years.
His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m which sealed his status as one of the most highly respected tax consultants to ever work in Scotland.
Ricky led all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.
Ricky passed away suddenly and unexpectedly in June 2022 after leaving his indelible mark on the company he founded and headed for over 35 years.