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09 July 2014

End-to-end capital allowances execution – staying ahead in a changing environment

By James May Organisations are changing their approach to managing the tax treatment of their capital expenditure. It’s important to understand why and what action they’re taking. Accurate recording and...

30 June 2014

The future of tax – the principles of our tax system

By Stella Amiss What would you say are the guiding principles for our tax system? Well, 22 members of the public spent two days debating this, and also considered the...

12 June 2014

HMRC offers chance to settle

By Ronnie Pannu Following a growing number of decisions in the courts concluding that certain tax schemes do not work as intended, HMRC (HM Revenue & Customs) has begun to...

10 June 2014

The future of tax - our Citizens' Jury debate the key issues

By Mary Monfries What a privilege to listen to the views of 24 members of the public on the future of the tax system. Momentum is building at our two...

03 June 2014

Incentivising innovation in the UK – live webcast

By Diarmuid MacDougall Innovation is seen by business leaders across all industries as one of the biggest sources of current and future revenue growth. The UK government has recognised this...

06 May 2014

A digitising not digital economy - the tax challenges

By John Steveni The OECD hosted a very interesting and lively Public Consultation on the Tax Challenges of the Digital Economy on 23 April in Paris. The comments below are...

HMRC ‘gets to know’ customers to facilitate real time working

Income Tax and National Insurance now account for more than 50% of Government revenues so it’s not surprising that HM Revenue & Customs (HMRC) is showing increased interest in Employer...

23 April 2014

Tax does have a bearing on where we locate our business – say CEOs

By Mary Monfries A country's tax regime has a definite impact on where international companies choose to locate. In our recent report, Building trust and growth 63% of the 1,344...

17 April 2014

A new approach to transfer pricing management

By Sophie Brown Tax is featuring more prominently in the public domain than at any time in the last decade. As a result, senior management have become more interested in...

25 March 2014

Base Erosion and Profit Shifting: while fundamental treaty reform may take time, it’s likely to be preceded by more immediate change

By Mike Cooper As part of its ongoing Base Erosion and Profit Shifting (BEPS) project, the OECD has published a draft paper detailing proposed changes to its model tax treaty....

20 March 2014

Business rates cash flow improvement

Ratepayers can now request rate bills to be paid over 12 instalments, rather than the usual 10 The Government have recently confirmed a change in the rules covering the payment...

19 March 2014

A 'swings and roundabouts' Budget

By John Hawksworth This was a cautious 'swings and roundabouts' Budget at the macroeconomic level, but did find room for some positive measures at the micro level to helps exports,...

Turning words into miles. How far did George get?

We look at how far you would get by car, driving from Westminster for the duration of the Chancellors' Budget speeches through the years.

Personal tax measures

By Alison Hill The rise in personal allowance will provide a little help to a very large number of people. The increase in the 40p rate will give only a...

Measures to tackle tax avoidance

By Simon Wilks Most of the budget measures on avoidance were expected. The most significant is confirmation that the ‘Accelerated Payments’ provision will become law in FB 2014. The Chancellor...

Taxation of high value UK residential property

By Ros Rowe The Government has announced the extension of the mansion tax to homes over £500,000 bought through a corporate envelope. The Chancellor is now using last year's punitive...

Our reaction to the Budget 2014

By Kevin Nicholson There were lots of positive messages on growth and exports but this was a bit of a scattergun Budget . The Chancellor was trying to address all...

The UK Budget - did you know

By Alex Henderson Some interesting facts about the UK Budget, before the Chancellor starts his speech: The word ‘budget’ comes from the old French word ‘bougette’ meaning little bag, but...

14 March 2014

UK economy - on the road to recovery

Ahead of the Chancellor's Budget announcement on March 19, we've launched our latest edition of the UK Economic Outlook report which helps to set the economic backdrop against which the...

12 March 2014

Tax transparency - what is fair tax?

Momentum continues to build around tax transparency. We're seeing more and more companies voluntarily providing clearer information on their tax affairs, and this can only be a good thing. But...

05 March 2014

Budget 2014

What can we expect when the Chancellor of the Exchequer stands up to deliver his fifth (and penultimate) Budget of this Parliament on 19 March? Since his first (emergency) Budget...

06 February 2014

Senior Accounting Officer legislation – putting tax on the boardroom agenda

By Ray Farnan The Senior Accounting Officer (SAO) legislation was introduced in 2009 and according to HMRC, tax should be on the boardroom agenda. Now I’ve heard a full range...

27 January 2014

50p tax: any debate on income tax needs to be part of wider review of UK tax system

Kevin Nicholson, Head of Tax at PwC, said: "The 50p tax debate is highly emotive, but it's a distraction from a more important issue. Any change to income tax needs...

20 January 2014

Old UK GAAP is dead. Long live new UK GAAP! – the impact for you

If you’re operating under the current UK GAAP, there’s an important deadline approaching. From 1 January 2015 all companies currently using UK GAAP will need to change to the new...

07 January 2014

Non-UK resident landlords – don’t miss your filing deadline

If you're a non-UK resident holding UK property via an offshore company, don't forget that you need to self-assess your 2012/13 UK property business profits, including profits of furnished holiday...