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23 September 2014

Guiding you through the BEPS maze

By Michael Cooper Over the next few months we’ll see the most comprehensive reform of international tax most of us can recall, courtesy of the OECD’s Base Erosion and Profit...

18 September 2014

OECD agreement on Patent Box still outstanding, what can you do now?

By Martin Hodgson and Angela Browning As part of the OECD’s recommendations for BEPS the decision regarding Patent Box has yet to be agreed. The scheme, designed to support innovation...

17 September 2014

HMRC to end Employee Benefit Trust Settlements

By Ronnie Pannu After much speculation HM Revenue & Customs (HMRC) recently announced that the Employee Benefit Trust Settlement Opportunity (EBTSO) will be closed as of 31 March 2015. For...

16 September 2014

OECD and BEPS - the most significant change in modern times

By Richard Collier The OECD has set out recommendations from the first part of its tax reform programme to tackle Base Erosion and Profit Shifting (BEPS). The BEPS project marks...

11 September 2014

Taxes and the digital age

By John Steveni Digital technology is changing how businesses operate in fundamental ways, but one that may not immediately come to mind is taxation. But there have been a number...

Permanent Establishment risk – a new approach

By Sonia Watson Managing Permanent Establishment (PE) risk has always been a challenge for tax departments. Keeping track of the activities and travel patterns of many hundreds or thousands of...

05 September 2014

Senior Accounting Officer – customs duty and excise duty - are you compliant?

By Matthew Paul Clark We’ve recently noticed an increase in queries from clients relating to customs and excise duty. Inevitably, the first question is “are you sure customs duty or...

08 August 2014

An overhaul of the UK tax system is long overdue

By Andrew Sentance When we talk about tax, most people think of the income tax they pay on their wages and savings income. But income tax raises just over a...

09 July 2014

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

By James May and Alf Orban 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....

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...