The director of the OECD’s centre for tax policy and administration, Pascal Saint-Amans, has talked of being ‘embarrassed’ over the UK’s diverted profits tax legislation (DPT).
How will a lower corporation tax rate benefit the Northern Irish economy? Eamonn Donaghy, head of tax at KPMG Belfast, explains that Northern Ireland, due to its disproportionately small private sector and shared border, is well-suited to reap the full advantages of a lower corporation tax rate.
Ed Miliband announced on Wednesday that if the Labour party were elected, it would abolish the rule for non-domiciled residents, which can be claimed by UK residents born outside the UK and which – subject to an annual charge of at least £30,000 – allows UK tax to be levied on offshore income and
Gideon Sanitt (Macfarlanes) considers the decision in Ingenious Media and when HMRC may be excused from its duty of confidentiality.
The following regulations will also come into force on 1 April:
The Treasury has published its proposed next steps on tackling evasion and avoidance. James Bullock (Pinsent Masons) reviews the detail.
The chancellor of the exchequer, George Osborne, delivered his sixth and what he will certainly hope is not his final Budget on Wednesday 18 March 2015.
However many numbers feature in the chancellor’s Red Book, the one that really counts is 50 – the number of days between the Budget
The European Commission has presented its new tax transparency package ‘as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU’.