The OECD has published new guidance on the implementation of country-by-country reporting (CBCR) in order to clarify some questions of interpretation, as part of its ongoing efforts to boost transparency in international tax matters and ensure consistent and swift adoption of the new rules
The UK’s vote to leave the EU will see the restructuring of thousands of pages of tax law, Bill Dodwell, Deloitte senior partner examines how it could happen
The environmental charity Friends of the Earth (FoE) has lost a bid to reclaim £1m in VAT related to street fundraising costs, after a First Tier Tribunal (FTT) ruled that money given by supporters as a result of this activity amounted to a donation, rather than a payment for the supply of benefits which included a glossy magazine
HMRC has published guidance on new rules requiring large businesses to publish their tax strategy, outlining what information should be included, when it should be published, and the penalties for failing to comply
The rapid move to digital tax accounts means that HMRC must improve the quality of its online messaging to ensure that the unfortunate case of Mr Halford (TC5048) does not become commonplace, warns Yvette Nunn, director of Berkeley Associates
The UK must not rush to make wholesale changes following the greater tax flexibility it will be afforded leaving the EU, according to CIOT tax policy director, John Cullinane
Bill Dodwell, partner and head of tax policy at Deloitte, considers the key tax issues around restructuring for companies in the event of a UK vote to leave the EU
As the 6 July deadline for reporting employee share schemes to HMRC approaches, Jackie Hall, tax partner at RSM, provides tips and useful hints on compliance requirements and potential pitfalls of using HMRC's online reporting template
Labour MP Margaret Hodge, former chair of the Public Accounts Committee (PAC), has tabled an amendment to Finance Bill 2016, calling for the government to look at extending the requirement to publish a register of people with significant control to companies incorporated in the Crown dependencies and overseas territories
Alastair Kendrick, tax director at MHA MacIntyre Hudson highlights the risk for companies hiring workers through third party intermediaries as HMRC tightens up its scrutiny of agency workers
The Office of Tax Simplification (OTS) has confirmed the date for its stakeholder conference next month, offering an opportunity to discuss future tax development including proposals to reform small business tax and a potential merger of income tax and national insurance contributions (NICs)
Rules restricting tax relief on finance costs on buy-to-let properties, due to come into force in 2017, mean that landlords should be considering whether to use a limited company to hold investment properties, but is this more tax efficient, asks Donna McCreadie, partner at Perrys Chartered Accountants
The European Council has agreed a draft directive aim at addressing tax avoidance practices commonly used by large companies, which it says is designed to tackle situations where multinationals take advantage of disparities between national tax systems in order to reduce their overall tax liability
Mark Cawthron analyses the Court of Appeal’s ruling on Project Blue Limited v R & C Commissioners in a long-running case which was balanced over the £1.25bn purchase of the former Chelsea Barracks site from the Ministry of Defence