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COMPLIANCE


Bill Dodwell reviews developments in the preparation of tax computations

HMRC has backed tax professionals’ claims that the complexity of the tax system accounts for National Audit Office research suggesting that tax returns prepared by agents were more likely to understate liabilities than returns filed by taxpayers who do not have an agent.

Marc Hoessels looks at the recent changes to e-invoicing legislation, and the challenges it presents for multinationals looking to automate VAT compliance

The way that tax interacts with Finance Transformation programmes is changing rapidly from being a peripheral end-user to being a key business partner. Rachel Taylor examines the drivers for this change and what Tax Directors should be considering in relation to their own Finance Transformations

Will the mandatory introduction of iXBRL leave UK companies better off from the opportunities created? Demian de Souza considers the challenges and opportunities being obscured by the rush to ensure immediate compliance

As tax compliance moves into the electronic age, Albert Fleming comments on the future role of data analytics in tax

Kate Ramm explains how HMRC’s relationship management approach for large businesses is transforming the way that HMRC work, delivering better tax compliance and a more effective resolution of issues

HMRC plans to publish on 21 October four additional toolkits for agents. The new toolkits will deal with losses, the distinction between capital and revenue, directors' loan accounts and property rents.

The Guardian carried news of the NAO report ‘Engaging with tax agents’ under the headline ‘Taxpayers with accountants get their returns wrong more often’ (13 October).

In Revenue & Customs Brief 43/10, HMRC assesses the implications of the ECJ decision in Nordania Finans A/S v Skatteministeriet, [2008] STC 3314.

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