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.
February 01, 2019
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
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
Insights from PwC’s Building Public Trust Award 2018 for Reporting in Overseas Investment, by Ewan Fryatt, PwC Partner
January 07, 2019
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
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
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
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
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
Yesterday, the Government tried to convince us that austerity is really coming to an end - so did it work?
October 25, 2018
Find out what David Murray, Director of International tax policy, predicts for this year's Budget 2018.
October 24, 2018
Julian Sansum, Partner, discusses the new rules around IR35 and how it could possibly affect this year’s Budget.
May 29, 2018
With the majority of the FTSE100 having published their tax strategy, many companies will want to understand how their tax strategy compares to others.
November 23, 2017
In a fast changing tax landscape companies are facing increasing regulatory and data requirements. Business and finance transformation is commonplace, with tax authorities and boards demanding that tax risks are effectively managed. Have you thought about and identified what are your priority challenges and how you may be addressing them?
November 22, 2017
Alex Henderson, a PwC Tax partner commenting on new tax measures and how they are restricting reliefs or dealing with anomalies in the tax system.
November 22, 2017
Kevin Nicholson, head of tax commented "While the Budget speech contained no shocks, with so many giveaways there will inevitably be losers..."
November 20, 2017
By Stella Amiss, Tax Partner. The forthcoming Budget will be the first official one to take place in autumn for more than 20 years. If the Chancellor keeps his promise to stick to one major fiscal event a year, it will also be the penultimate Budget before Brexit.
November 02, 2017
HMRC has opened a consultation into the review of the current Business Risk Review (BRR) process. Currently Customer Relationship Managers (CRMs) conduct periodic BRRs of large business to assess their risk profile and award them either a ‘low risk’ or ‘non-low risk’ rating. The risk rating determines the level of scrutiny and resource received from HMRC.
October 20, 2017
We are entering the final countdown to the first multinational enterprise groups having to file their country by country reports. For December year-end groups, these will be due before 31 December 2017. Country by country reporting (CbCR) is more than just another compliance burden.
October 12, 2017
Value creation through operational improvement: nothing new in itself, but the success of private equity was often attributed to the leveraged financing of the transaction without interfering with the underlying commercial reality of the business.
October 11, 2017
Blog by Rachel Moore Research and development (R&D) tax credits offer a significant cash benefit that can help companies fund investment in R&D. Innovative software...
