Heather Self Profile picture
Retired Tax Partner, Blick Rothenberg. Trustee and Hon Treasurer, @HearingDogs. MA student at @ShakesInstitute. Views personal. See also @9F92134.
Nov 25 35 tweets 5 min read
All ready for the Hardman Lecture at @ICAEW_Tax with @Ray_McCann55 .

The room is looking very Christmassy

#Hardman24 Image Ray’s view is that the tax profession should be regulated, preferably via a professional body.

Currently the term “tax adviser” is not a protected title.

#Hardman24
May 2 17 tweets 10 min read
Off to walk the #DalesWay with friends, starting from Ilkley tomorrow. Weather forecast looking quite reasonable, so far. Image Done a brief recce this evening to make sure we know where the starting point is for tomorrow morning.

#DalesWay

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Apr 9 8 tweets 2 min read
Let’s talk about the Tax Gap. Is @RachelReevesMP goal of spending £555m to yield £5bn realistic?

1/n
Firstly, I applaud the principle of giving more resource to HMRC to do its job better.

This is far from a new idea - a quick search turned up this article by Adam Craggs of @RPCLaw from 12 years ago



2/nrpc.co.uk/perspectives/t…
Feb 24 14 tweets 2 min read
Delighted to be at @ShakesInstitute to hear @DrCLaoutaris speak about the influence of the Indoor Playhouse in staging Shakespeare.

Might do some livetweeting as it helps me to concentrate! If you go to Blackfriars, the Cockpit pub stands on the site of the theatre - and you can also see Playhouse Yard, in which the theatre stood.
Nov 30, 2023 9 tweets 2 min read
Thanks Elaine for highlighting this one. I’ve now looked at the full decision - short 🧵

1/n Here is the decision - all 75 pages of it!

2/n

templetax.com/ImageLibrary/n…
Jul 16, 2023 15 tweets 4 min read
I’m bored on a long car journey (and not driving!) so here is a (longish?) thread on the basics of IHT, for those who were asking.

Caveats:
- I am a tax adviser but not an IHT specialist, so I will stick to the basics
- this is not tax advice. Speak to a qualified adviser.
1/n
Let’s start with the HMRC summary.

Generally, HMRC official guidance on .gov.uk is (a) accurate and (b) more helpful than you might expect. But it can presume a certain level of knowledge (and is not detailed enough if you need advice).

2/n

gov.uk/inheritance-tax
Mar 15, 2023 18 tweets 7 min read
My #Budget2023 predictions (will be on air in a programme syndicated to many local radio stations from 12 noon).

A “Budget for Growth”, says the Chancellor

1/n
What he wants to do is to stimulate growth, so that there is good news before the next General Election (expected May 2024). But he needs to avoid the disaster of Kwasi Kwarteng’s September mini Budget, which spooked the markets with unfunded cuts.

#Budget23 2/n
Jan 22, 2023 21 tweets 7 min read
So it’s Sunday morning, I’ve had a cup of tea and it’s time for a little #taxnerdery on the hot topic of #NadhimZahawi

1/n (fairly short 🧵 ) For the full story, all credit goes to @DanNeidle . See his timeline, his website or the article in today’s Sunday Times.

I am going to focus on the penalty Mr Zahawi has apparently paid, reported to be 30%

2/n
Nov 21, 2022 12 tweets 3 min read
Another interesting UT decision for #TaxNerds (short #Thread)

1/n Euromoney plc sold some shares for $85m in a commercial transaction. It originally intended to take $21m in cash and the rest in ordinary shares, but at a fairly late stage asked the buyer to give it $21m of preference shares instead of cash.

2/n
Jul 25, 2022 11 tweets 3 min read
Major decision in UT on BlackRock - FTT overturned on both TP and unallowable purpose arguments

1/n Link to full decision is here

assets.publishing.service.gov.uk/media/62da693c…

2/n
Apr 30, 2022 13 tweets 12 min read
First time for @cancer5kYourWay at @maccparkrun today! I’ll be scanning barcodes - say hi if you are taking part.

#loveparkrun Getting ready, and it’s a beautiful morning for our first @cancer5kYourWay @maccparkrun

#5Kyourwayday #loveparkrun
Mar 13, 2022 6 tweets 2 min read
Anyone reading this thread would probably never present at a conference again - but about 80% of the examples are about poor chairing of panels, which can be fixed IMO.

(Short thread) As the panel chair, it is YOUR JOB to make sure the panel runs smoothly and to time. Things I do:

1. Check panel is balanced and diverse, well in advance. If not, change it!
2. Ask each speaker to let you have a copy of their talk by an agreed date

2/n
Mar 12, 2022 14 tweets 7 min read
On our way to @Crufts . Love the sign at the roundabout At the main arena, just waiting for the @HearingDogs display
Feb 4, 2022 19 tweets 4 min read
Along with the major announcements on energy bills yesterday, some late changes to the Finance Bill were made - h/t to @TaxwriterLtd who spotted them.

Brief #thread based on my first reading - I think these have wider policy implications

1/n
First, the detail. There are draft Finance Bill clauses and a note, but the background is set out more fully in this Technical Note (there is also a TIIN, but it has no estimated figures in it…)

2/n

assets.publishing.service.gov.uk/government/upl…
Mar 1, 2021 16 tweets 4 min read
I’ve only read the summary so far, but it contains some good points:
- now is not the time to raise taxes
- the manifesto promises on IT, NIC and VAT are a major constraint
- give more generous CT loss relief
- reform taxation of earned income I think this is an interesting report, and IMO achieves a good balance between making some key recommendations but without claiming to have all the answers.

Some initial thoughts from me:

1/n
Feb 7, 2021 14 tweets 3 min read
Some initial thoughts on this “online giants face higher taxes” article

1/n

thetimes.co.uk/article/amazon… First, this is a classic piece of Treasury flag-waving - putting out a range of possible ideas to see what the reaction is.

(I’m old enough to remember when Budgets were kept secret).

2/n
Nov 22, 2020 8 tweets 4 min read
If you are married or in a civil partnership, and you or your partner earn less than £12500 and the other earns less than £50000 then you ca probably save some tax.

1/n
This government website will help you do it for free

tax.service.gov.uk/marriage-allow…
Nov 20, 2020 16 tweets 3 min read
Thanks @maxschofield for alerting me to these @UKSupremeCourt judgments today. I might tweet my preliminary comments this evening or over the weekend Right. Here we go. Caveats:
- I am not a lawyer (but have read a lot of tax cases)
- these are first thoughts only

1/n
Nov 1, 2020 12 tweets 2 min read
Reminder of new rules now in force (short thread) Key points to note;
Available to employees on payroll on 30 October, provided they were included on a PAYE submission before that date.

So monthly paid employees who joined after October pay date NOT included. (Has to be a cutoff somewhere)
Oct 31, 2020 29 tweets 9 min read
Furlough scheme to be extended to December - sounds as if JSS scrapped, less than 6 hours before it was due to start! This was our @BlickRothenberg guidance on the JSS, as of Friday

blickrothenberg.com/insights/detai…