December 13, 2019
Making tax technology simple
Everyone’s talking about how technology is changing the way we live and do business. Tax authorities continue to use technology and data analytics to gain superpowers.
Tax
Our Tax blog is dedicated to you, whether you are a Tax professional or simply have a keen interest in the subject. We use this blog to write about how you might be affected by any tax changes that occur from new legislation to a new court ruling or the way the market has moved.
All articles
December 11, 2019
Tax and AI - a look inside the Fourth Industrial Revolution
The fourth industrial revolution is so much more than technological advancement and replacing humans in the workforce, it is in fact far more complex, exciting and enabling than that.
December 09, 2019
Why corporation tax isn’t all there is to it
There’s no doubt that corporation tax is important, but it’s not the only business tax: in 2019 there were 22 business taxes borne by the 100 Group (broadly the FTSE100). And while it’s true that corporation tax amounts have fallen over time, in the aftermath of the financial crisis and with falling statutory rates, total taxes borne have increased from £19bn in 2005 to £26bn today.
December 02, 2019
SAO: A Cautionary Tale
HMRC have invested in resources to increase audit enquiries and increase scrutiny in relation to Senior Accounting Officer (SAO) and approval requests for Authorised Economic Operator and Customs Warehousing. Here, we look at a recent wake-up call.
November 28, 2019
15 years of measuring Total Tax Contribution
Fifteen years ago, we published the results of our first Total Tax Contribution survey. What does the tax landscape look like today?
November 25, 2019
The rise of the globally mobile contingent workforce
The gig workforce is rising - nearly five million UK workers are now part of the gig economy - up 45% since 2000 - and this trend is likely to continue. Technology, social and environmental pressures, longer working lives and automation - these are just a few of the many forces driving demand for more flexible working arrangements.
October 24, 2019
Are companies missing out on patent box tax savings?
Companies exploiting patented technology in the UK have been able to benefit from significant tax savings since the introduction of the patent box in 2013, but are some companies missing out?
July 05, 2019
How could new cash credit proposals impact SME’s?
by David Turner Director, Tax Email +44 (0)7740 241008 More articles by David by Samantha Butcher Senior Manager - Innovation Incentives Group Email +44 (0)7841...
March 22, 2019
Business Risk Review: pilot to new approach
The Business Risk Review pilot meetings have now ended and HMRC are using findings from them, consultations with tax advisers and overseas fiscal regimes, to finalise the greatly updated BRR.
March 13, 2019
Was there anything in the Spring Statement to write home about?
There were no immediate tax changes in today’s Spring Statement.
February 01, 2019
Transfer Pricing Tax Disputes - HMRC’s Profit Diversion Compliance Facility: What to do next?
HMRC’s introduction of a settlement Facility aimed at businesses with a risk of “profit diversion” confirms observations that we have made in our recent blogs.
January 14, 2019
Transfer Pricing Tax Disputes - HMRC’s New Profit Diversion Compliance Facility (‘PDCF’)
by Ben Proctor Tax Senior Manager Email +44 (0)7711 562040 by Ian Woolley Transfer Pricing, Senior Manager Email +44 (0)7711 562225 HMRC this week announced...
January 11, 2019
Overseas investors are focusing on their reporting to build trust
Insights from PwC’s Building Public Trust Award 2018 for Reporting in Overseas Investment, by Ewan Fryatt, PwC Partner
January 07, 2019
Transfer pricing tax disputes - HMRC’s response to Profit Diversion
With the resolution of some major transfer pricing enquiries by HMRC since the introduction of Diverted Profits Tax, together with the introduction of further far-reaching legislation in the recent Budget, it’s a good time to look the changing landscape for transfer pricing disputes in the UK and what might come next.
December 19, 2018
Transfer pricing tax disputes - What are we seeing currently
In the first two articles in this series we provided an overview of HMRC’s response to Profit Diversion, focusing on the changes we are seeing in transfer pricing (TP) disputes involving HMRC. In the next two articles, we want to look in a little more detail at what we are seeing and at some approaches to resolution that have proved helpful in practice.
December 17, 2018
Transfer pricing tax disputes – Facts and behaviours
by Ben Proctor Tax Senior Manager Email +44 (0) 7711 562040 by Ian Woolley Transfer Pricing, Senior Manager Email +44 (0) 7711 562225 HMRC has...
December 11, 2018
PwC and HMRC Making Tax Digital Event - What did we learn?
by Ian Bowden Director Email +44 (0)161 245 2661 by Aidan Coleman Director Email +44 (0) 7740242033 by Peter Sidwell Manager - Employment Tax Reporting...
November 12, 2018
How should business respond to the new EU Mandatory Disclosure Regime?
We’re now a few months in to the transitional period for the new EU Mandatory Disclosure Regime. These rules kicked in on 25 June this year and broadly require businesses or their advisors to report cross border arrangements which fall within certain hallmarks to the tax authorities. So how are businesses responding to the obligations placed on them under the rules? And what are some of the challenges?
October 30, 2018
#Budget2018 - Reflections
Yesterday, the Government tried to convince us that austerity is really coming to an end - so did it work?
October 25, 2018
UK Digital Tax
Find out what David Murray, Director of International tax policy, predicts for this year's Budget 2018.
