IN BRIEF

The mechanics of implementation. The European Commission is busy working on imminent key files, not least EU implementation of the recent OECD agreement on pillars one and two. But theres a lot more in the Commissions pipeline too. It...

What can be gleaned from the Court of Appeal's recent judgment?

Whats the difference between nothing and nil? A tax deduction! Net accounting has always thrown up some difficult questions for taxpayers and their advisers looking to claim a deduction for something that cannot be seen on the face of the...

Tax avoidance is not the real issue. The Pandora Papers headlines include stories of high-profile individuals avoiding SDLT by buying property through an offshore company. However, these headlines rather miss the point. If you read to the end of the...

The European Commission launches a roadmap for a common EU-wide withholding tax reclaim system. The European Commission has launched its review into the possible introduction of a common, EU-wide system for withholding tax relief with the publication...

With HMRC now adopting a tougher stance in reaching settlements with affected taxpayers, the controversy over the loan charge is set to continue. The loan charge has caused much controversy since its introduction in the 2016 Budget. Its intention was...

The 2019/20 tax gap is higher than the previous two years, reversing an otherwise steady decline since 2013/14. HMRCs latest report on the tax gap (i.e. the difference between the total amount of tax that should, in theory, be paid and the...

Inflationary pressures, increased tax rates on profit extraction and an overall tax burden taking us back to 1950. As the dust settles on the governments decision to increase NICs from April next year and its conversion into the health...