If the new government wants to raise tax receipts without raising rates, could changes to payment due dates provide the answer? Andrew Hubbard (Baker Tilly) explains.
Whilst there will be no repeal of the non-dom rules, we can expect further tinkering, writes Mark Davies (Mark Davies & Associates).
Australia, like the UK, has announced new measures countering the diversion of profits by multinationals, writes Heather Self (Pinsent Masons). The measures increase the pressure on the US to engage with the OECD’s BEPS project.
HMRC is right to assert that the ‘no possibilities’ test should be applied immediately after the base loss period for losses from 1 April 2006, but wrong to apply it to periods before that date, writes Peter Cussons (PwC).
A recent advocate general opinion should bring an end to HMRC’s approach of stretching the concept of the ‘cost component’, Graham Elliott (Withers) predicts
The Bribery Act has laid the foundation for a new criminal offence, which will require corporates to conduct ever greater levels of due diligence, says Jason Collins (Pinsent Masons)
The tribunal has decided that a scrip dividend is capital in the hands of trustees, and therefore subject to the IHT exit charge, writes Peter Vaines (Squire Patton Boggs)
Faced with a variety of tax challenges, the chancellor needs to spell out a unifying theme in his forthcoming Budget, writes George Bull (Baker Tilly)
The votes have been counted and the results are in. Patrick Stevens, tax policy director at the Chartered Institute of Taxation, and Chris Lee, tax adviser and founder of Fiscability UK, consider possible tax policy changes under the new government.
Paul Johnson (Institute for Fiscal Studies) believes that whoever wins the election, it is time to adopt a long-term strategy for our tax system