A new online resource, ‘Basic PAYE Tools’, is to replace HMRC’s Employer CD-ROM. The resource is available on the Business Link website.
The landscape in a key area of UK tax policy is set to change ‘for ever’, a KPMG tax expert said after the European Commission announced that it has formally asked the UK to amend two anti-avoidance regimes.
Several countries are tackling aggressive tax planning through improved transparency and disclosure, the OECD said.
A new report sets out a range of approaches, from mandatory disclosure to forms of ‘co-operative compliance’.
HMRC is to ‘consider and test’ alternative ways of resolving tax disputes with SMEs, with a view to reducing the impact of ‘avoidable’ disputes.
Tax and benefit changes taking effect in April will amount to a ‘net takeaway’ from households, equivalent to £200 per household, on top of this month’s increase in indirect taxes which was equivalent to £480 per household on average, according to the Institute for Fiscal Studies.
Several core areas of small business taxation have been raised and debated ‘time and again’ during the recent roadshows organised by the Office of Tax Simplification.
Sara Luder discusses the proposed changes to the corporation tax on chargeable gains regime proposed for the next Finance Bill
More than half (57%) of small business owners responding to a survey conducted by the Forum of Private Business would be willing to pay more tax in exchange for a simplified system, and 50% would be prepared to pay more under a simplified system ‘if that system cut down on tax avoidance among the
Partha Ray on the OTS interim report
Pete Miller on chargeable gains exit charges