07/22/2020
In practical terms, this is unlikely to change anything since most advisors have never recommended that settlors who are UK domiciled or deemed domiciled should make additions to existing excluded property settlements.
07/21/2020
Spotlight will be on role of reliefs and windfall taxes in post-pandemic economy
07/21/2020
Superficially, it could increase the tax yield, but there are several issues with a wealth tax in the UK
07/20/2020
From Stephen Porter, ArtHistorical, London W1, UK
07/19/2020
Fair taxation of international companies and large digital groups is more urgent than ever,” Scholz said after a virtual meeting of G20 finance ministers and central bank governors.
07/17/2020
The OBR has also suggested that there may be steep falls in CGT receipts over the next two years as property and other assets slump in value, applying further pressure on Sunak to increase tax rates to fill the gap.
07/16/2020
Judges annul ruling by European Commission in blow to competition commissioner Margrethe Vestager
07/16/2020
All suppliers of cross-border services to private individuals in the EU, then, will be able to take advantage of the coming OSS scheme.
07/15/2020
The move comes after Mr Sunak put forward £30bn worth of policies and tax cuts
07/10/2020
The new OECD analysis also shows that corporate income tax remains a significant source of tax revenues for governments across the globe, accounting for 14.6% of total tax revenues on average across the 93 jurisdictions in 2017
07/09/2020
We review what has been proposed and what has not.
07/08/2020
Would be ‘perverse’ for HMRC to ‘attack’ upstanding citizens but leave law breakers ‘unchallenged’
07/08/2020
The cost of the coronavirus crisis means governments want to reduce tax avoidance by business
07/07/2020
FRC tells KPMG, PwC, Deloitte and EY to act after big collapses such as Carillion and BHS
07/03/2020
The Common Reporting Standard requires countries and jurisdictions to exchange financial account information from non-residents obtained from their financial institutions automatically on an annual basis
07/01/2020
HMRC invites businesses who remain unable to meet VAT return payments due after 30 June 2020 to get in touch as soon as possible to negotiate a time to pay agreement.
06/26/2020
But counting the number of boxes that the EU ticked to remove jurisdictions from its list doesn’t give us the full picture of the listing process’s impact.
06/26/2020
Action plan to fight tax evasion and to make taxation “simple and easy”
06/24/2020
We also encourage the Government to scrap or postpone other planned measures, such as deferring a planned cap on repayable PAYE credits whilst bringing forward the inclusion of cloud-related costs.
06/23/2020
“If a wealth tax were introduced it’s hard to say what percentage of wealth would be taxed, but it would likely only have to be a small percentage to have a big tax take, given the overall wealth UK residents hold.”