On the face of it, the Autumn Statement contains very little in the way of tax changes relevant to owner-managed businesses, but the small print promises an ominous sounding consultation on changes to the rules for company distributions, writes David Whiscombe (BKL Tax).
There is a sense of relief that CGT and IHT were not targeted to the extent that many practitioners had predicted, writes Lynne Rowland (Kingston Smith).
The Autumn Statement contained few surprises for multinationals bar the new apprenticeship levy, writes Mike Lane (Slaughter and May).
Paul Aplin (A C Mole & Sons) believes that HMRC's requirement for businesses to report quarterly digital tax accounts contradicts its aim of reducing the costs of tax administration by £400 million by the end of 2019/20 and demonstrates a lack of understanding of how small businesses operate.
Paul Aplin (AC Mole & Sons) comments on the announcement that HMRC is to centre its operations into 13 regional hubs, with the closure of 137 of its offices.
No picnic for the Teddy Bears, writes David Whiscombe (BKL Tax).
What now following HMRC’s latest guidance? asks Amanda Brown (KPMG).
According to a recent High Court judgment, the words ‘the time the settlement was made’ are capable of describing both the making of the original settlement and the subsequent addition of property to that settlement, writes Peter Vaines (Squire Patton Boggs).
Joe Pollard (EY Ireland) explains how Ireland’s new knowledge development box works.