Chris Sanger reflects on whether the CT roadmap will provide the boost to competitiveness that the government wishes and turn the UK’s tax system ‘into an asset’
Colin Hargreaves on the November 2010 CFC proposals
Ed Denny on innovation and intellectual property
The Government has asked Graham Aaronson, a tax barrister specialising in commercial taxation, to lead a study into a general anti-avoidance rule. In the meantime a number of specific anti-avoidance measures have been announced, some with immediate effect.
Protests against tax avoidance by big business and wealthy individuals have now been held in 23 British towns and cities, the pressure group UK Uncut claimed after a sit-in forced the temporary closure of Arcadia’s Topshop store in Oxford Circus.
Finance (No.2) Bill 2010-11 is now expected to receive Royal Assent on 16 December. It will become Finance (No.3) Act 2010.
The Government will publish on 9 December draft clauses for inclusion in Finance Bill 2011.
A competitive corporate tax system is not just about rates, the Treasury said as it launched five consultations.
RSM Tenon has appointed Rob Brown as Head of Tax at its Bristol office. He joins the firm after 12 years at PwC.
Fiona Cross has joined Chantrey Vellacott DFK as International Tax Partner, following three years as Associate Tax Partner at Vantis.
The top 15 banks operating in the UK have now adopted the Code of Practice on Taxation for Banks, the Chancellor announced. ‘Alongside the Bank Levy, this shows that the Coalition Government is taking action to ensure banks pay their fair share,’ George Osborne said.