Baker Tilly announced the appointment of Ken Almand, a transfer pricing specialist, as a tax partner. He joins from Mazars.
George Osborne ruled out borrowing to fund temporary tax cuts when he addressed the Conservative party conference today, but he revealed that the Treasury was examining how to ‘inject money directly into parts of the economy that need it such as small businesses’.
The Chancellor has announced government support to help local authorities freeze council tax for a second year.
The government has invited proposals for new Enterprise Zones in areas affected by last week’s announcement by BAE Systems of up to 3,000 job cuts at Brough in Yorkshire, and Samlesbury and Warton in Lancashire.
HMRC issued a further reminder last week that penalties for late filing of self assessment tax returns are changing.
Michael Jack and John Whiting have been appointed as the permanent Chair and Tax Director respectively at the Office of Tax Simplification, and will oversee the OTS’s work for the remainder of the Parliament.
The financial sector is ‘under-taxed’ and an EU-wide financial transaction tax would ensure that it makes a fair contribution at a time of fiscal consolidation in the Member States, according to the European Commission.