IFS calls on Labour for ‘serious reforms’ of capital gains tax
Budget

IFS calls on Labour for ‘serious reforms’ of capital gains tax

3m Accountancy Age

IFS calls on Labour for ‘serious reforms’ of capit...

As Labour prepares for its first Budget under Chancellor Rachel Reeves, the Institute for Fiscal Studies (IFS) is urging the party to pursue sweeping ...

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HMRC increasingly pursuing company directors to pay tax bills of insolvent businesses
Corporate Tax

HMRC increasingly pursuing company directors to pay tax bills of insolvent ...

3m Accountancy Age

HMRC increasingly pursuing company directors to pa...

HMRC is increasingly pursuing company directors (and other individuals connected with the management of companies) to pay outstanding tax bills that a...

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Apple loses €13bn tax battle in EU court ruling
Business Regulation

Apple loses €13bn tax battle in EU court ruling

3m Rachael Kennedy

Apple loses €13bn tax battle in EU court ruling

The European Court of Justice (ECJ) has ruled against Apple in a high-profile €13 billion (£11 billion) tax case, overturning a previous lower court v...

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UK losing billions to Small Business tax evasion, NAO report finds
Corporate Tax

UK losing billions to Small Business tax evasion, NAO report finds

4m Accountancy Age

UK losing billions to Small Business tax evasion, ...

A new report from the National Audit Office (NAO) has revealed that the UK is losing billions of pounds annually due to tax evasion, with small busine...

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Cross-border compliance is hindering business growth - research
Business Regulation

Cross-border compliance is hindering business growth - research

5m Rachael Kennedy

Cross-border compliance is hindering business grow...

Over 80% of businesses around the world indicated that cross-border compliance complexity impacts their decision to sell into new markets, according t...

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Election tax policies under scrutiny, accountants demand transparency and innovation
Brexit & Economy

Election tax policies under scrutiny, accountants demand transparency and i...

6m Rachael Kennedy

Election tax policies under scrutiny, accountants ...

As the UK gears up for the general election, accounting and tax experts are calling on the incoming government to address critical gaps in tax policie...

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An accountants guide to the Liberal Democrats' manifesto
Corporate Tax

An accountants guide to the Liberal Democrats' manifesto

6m Accountancy Age

An accountants guide to the Liberal Democrats' man...

The Liberal Democrats' 2024 manifesto, "For A Fair Deal," proposes significant tax reforms, focusing on fairness and sustainability. Key changes inclu...

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Businesses save £1.4 billion in corporation tax through Patent Box scheme
Corporate Tax

Businesses save £1.4 billion in corporation tax through Patent Box scheme

10m Accountancy Age

Businesses save £1.4 billion in corporation tax th...

The amount of tax saved by businesses through HMRC’s Patent Box scheme has increased by 23% over the last five years, from £1.14 billion in 2017/18 to...

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Jeremy Hunt hints at further tax cuts at Davos: What accountants need to know
Budget

Jeremy Hunt hints at further tax cuts at Davos: What accountants need to kn...

11m Rachael Kennedy

Jeremy Hunt hints at further tax cuts at Davos: Wh...

UK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...

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84% of tax professionals fear double taxation as Pillar 2 looms
Corporate Tax

84% of tax professionals fear double taxation as Pillar 2 looms

11m Accountancy Age

84% of tax professionals fear double taxation as P...

The legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...

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UK Accountants brace for significant tax changes in 2024
Administration

UK Accountants brace for significant tax changes in 2024

12m Accountancy Age

UK Accountants brace for significant tax changes i...

The upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...

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What should accountants take away from Amazon's $270 million tax win?
Business

What should accountants take away from Amazon's $270 million tax win?

1y Accountancy Age

What should accountants take away from Amazon's $2...

Accountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...

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Sunak employs Thatcher-like tactics with taxation shift
Corporate Tax

Sunak employs Thatcher-like tactics with taxation shift

1y Accountancy Age

Sunak employs Thatcher-like tactics with taxation ...

As the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...

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Hint of future tax reductions welcomed but won’t quell uncertainty
Business

Hint of future tax reductions welcomed but won’t quell uncertainty

2y Greg Noble

Hint of future tax reductions welcomed but won’t q...

The Office for National Statistics revealed that the UK economy shrank by 0.3% in March after the economy grew by 0.1% in the previous three months Re...

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Dave Chaplin: ‘IR35 is a growth issue for the Tories’
Budget

Dave Chaplin: ‘IR35 is a growth issue for the Tories’

2y Sam Alberti

Dave Chaplin: ‘IR35 is a growth issue for the Tori...

As the Spring Budget approaches, dissenters of the UK government’s increasingly complex contractor legislation are baying for change. HMRC has already...

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Rise in corporation tax ‘highly likely’ despite ‘rebellion building behind it’
Corporate Tax

Rise in corporation tax ‘highly likely’ despite ‘rebellion building behind ...

2y Greg Noble

Rise in corporation tax ‘highly likely’ despite ‘r...

Jeremy Hunt is facing calls for the rise in corporation tax to be abandoned Read More...

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Boris Johnson’s successor must make SME support an “immediate priority”
Business

Boris Johnson’s successor must make SME support an “immediate priority”

2y Rebecca Whittaker and Sam Alberti

Boris Johnson’s successor must make SME support an...

While Rishi Sunak stands firm on his “sound money” values, appealing to the interests of businesses could be the route to the top job, experts argue R...

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UK will lose world-leading corporation tax status with impending hike, study finds
Corporate Tax

UK will lose world-leading corporation tax status with impending hike, stud...

3y Sam Alberti

UK will lose world-leading corporation tax status ...

The “dramatic” increase may spur similar action in other jurisdictions, according to one expert Read More...

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Online sales tax: A new tax for the digital age?
Corporate Tax

Online sales tax: A new tax for the digital age?

3y Emma Rawson

Online sales tax: A new tax for the digital age?

ATT technical officer, Emma Rawson, looks at a recently published consultation considering whether the UK should introduce an online sales tax, and wh...

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R&D relief scheme “must be updated” to minimise uncertainty, industry argues
Corporate Tax

R&D relief scheme “must be updated” to minimise uncertainty, industry argue...

3y Sam Alberti

R&D relief scheme “must be updated” to minimise un...

Sources say that while the regime is positive, it must reflect the “reality of the 2020s” Read More...

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EU’s new unified corporate tax regime likely derailed by lack of unanimity
Corporate Tax

EU’s new unified corporate tax regime likely derailed by lack of unanimity

4y Elizabeth Matsangou

EU’s new unified corporate tax regime likely derai...

The EU’s new unified corporate tax proposal has been rejected by Ireland, likely derailing the EU Commission’s third attempt at reimagining taxation i...

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Industry divided on international tax harmonisation
Corporate Tax

Industry divided on international tax harmonisation

4y Alexander Garrett

Industry divided on international tax harmonisatio...

Governments have different priorities for coming to an agreement over globalised taxations, while industry warns of hazards as well as benefits Read M...

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Making the most of what you lost
Budget

Making the most of what you lost

4y Emma Rawson

Making the most of what you lost

The Budget 2021 and Finance Bill introduced new extended loss carry back for businesses, with ATT technical officer Emma Rawson outlining the new rule...

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MTD is coming to corporation tax
Corporate Tax

MTD is coming to corporation tax

4y Emma Rawson

MTD is coming to corporation tax

Emma Rawson, ATT Technical Officer, outlines what Making Tax Digital (MTD) for corporation tax will mean for companies and their agents in practice Re...

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Brexit deal & the pandemic sink “Singapore-on-Thames” low-tax dream
Brexit

Brexit deal & the pandemic sink “Singapore-on-Thames” low-tax dream

4y Richard Asquith

Brexit deal & the pandemic sink “Singapore-on-Tham...

By Richard Asquith, VP global indirect tax at Avalara Read More...

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VAT as a business-critical process
Corporate Tax

VAT as a business-critical process

4y Matt Lewis

VAT as a business-critical process

Regulatory scrutiny and changing economic conditions have combined to make VAT a business-critical process, says Matt Lewis Read More...

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Multinational tax under consideration hits record high
Corporate Tax

Multinational tax under consideration hits record high

4y Shannon Moyer

Multinational tax under consideration hits record ...

Professionals from the Chartered Institute of Taxation and Fitzgerald & Law weigh in on the impact of tax under consideration and the diverted profits...

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