Murray Clayson (Freshfields Bruckhaus Deringer) considers recent OECD and EC activity surrounding the taxation of the digital economy.
Current taxpayer safeguards for HMRC’s notice powers are neither independent nor accessible, writes Tracey Bowler (Institute for Fiscal Studies).
The OECD has published its ‘interim’ report on challenges the digital economy poses for the international tax system. The report highlights clearly the differences that still exist between countries over the action needed.
Following consultation on updating its business risk review (BRR) process for large businesses, HMRC has accepted the need to expand the current risk categories from just two (low risk/non-low risk), into a range which distinguishes more clearly between low and high risk.
HMRC has issued a guide for self-employed taxpayers intending to take part in the making tax digital pilot. Sole traders with a current accounting period ending after 5 April 2018 can use software to keep digital business records and send income tax updates to HMRC.
The government is consulting until 11 June on further improvements to the corporate governance framework to reduce the risk of major company failures occurring through shortcomings of governance or stewardship, and to strengthen the responsibilities of directors of firms when they are in or appro
The Law Society’s tax law committee has published its response to HMRC’s consultation, published in December, on three alternative proposals for how the corporate interest restriction (CIR) rules could be amended to cater for the IFRS 16 accounting changes.
The Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order, SI 2018/367, maintains the automatic enrolment earnings trigger at £10,000 for 2018/19 and increases the qualifying earnings band for contributions to maintain alignment with the NICs lower and upper earnings limits fo
The government has announced that employer-supported childcare (the childcare voucher scheme) will remain open to new entrants for a further six-months, until October 2018.
Two sets of regulations make provision for the Finance Act 2017 changes to overseas pension transfers.