Business Tax

Latest news

Image for spring statement 2018 corporate tax and digital economy

Tax | Spring Statement 2018: corporate tax and the digital economy

The Spring Statement saw the release of an updated Treasury policy paper on options for reforming the corporate tax regime to address the challenges of the digital economy, with government considering going it alone if there are delays in reaching international agreement on ways to address the way digital businesses are taxed

14 Mar 2018

Image for spring statement 2018 review vat threshold

Tax | Spring Statement 2018: review of VAT threshold

The Treasury has launched a consultation to assess how the VAT registration threshold can incentivise small businesses to grow after it was reported that many opt to stay below the £85,000 turnover mark to avoid paying VAT

13 Mar 2018

Image for spring statement 2018 entrepreneurs relief gains made dilution

Tax | Spring Statement 2018: entrepreneurs’ relief on gains made before dilution

Chancellor Philip Hammond emphasised his desire to encourage an innovative business environment in his Spring Statement, which included the launch of a consultation on changes to entrepreneurs’ relief (ER) designed to ensure that it does not discourage entrepreneurs from seeking external finance for their companies

13 Mar 2018

Image for spring statement 2018 business rates revaluation accelerated

Tax | Spring Statement 2018: business rates revaluation accelerated

The Chancellor announced that the next business rates revaluation is to be brought forward by one year to 2021, four years after the last revaluation, so that ratepayers can benefit from three-year revaluations announced at Autumn Budget 2017 at the earliest point

13 Mar 2018

Image for spring statement 2018 self funded work related training

Tax | Spring Statement 2018: self-funded work-related training

Chancellor Philip Hammond announced a consultation on plans to extend the existing tax relief available for self-funded work-related training by employees and the self-employed, as part of the government’s focus on creating an environment for individuals to develop their skills to boost productivity in the UK

13 Mar 2018

Image for spring statement 2018 changes online vat payments tackle fraud

Tax | Spring Statement 2018: changes to online VAT payments to tackle fraud

HMRC and Treasury have announced a joint consultation on possible options for how a split payment system could be used to combat online VAT fraud, with a standard rate split, flat rate scheme and net effective rate being put forward as possible options

13 Mar 2018

Image for spring statement 2018 reducing single use plastic

Tax | Spring Statement 2018: reducing single-use plastic

In his Spring Statement, as widely predicted, Chancellor Philip Hammond announced a call for evidence to explore how changes to the tax system or charges could be used to reduce the amount of single-use plastics, by reducing unnecessary production, increasing reuse, and improving recycling

13 Mar 2018

Image for chancellors statement unlikely spring surprises

Tax | Chancellor’s statement unlikely to spring surprises

There is general agreement that the Chancellor’s first spring statement, scheduled for Tuesday 13 March, is unlikely to contain any new policy measures, but looks to set to announce a raft of consultations and an update on the latest official economic and fiscal forecasts

9 Mar 2018

Making Tax Digital

Image for remember whats new 20189

Tax | Remember what’s new for 2018/9?

Spring into 2018/9 content marketing with an extra boost!It’s an old cliché about a picture being worth a thousand words. But that doesn’t make it less true. Visualising important information can make a real difference to people’s understanding, as well as livening up your communications.

8 Mar 2018

Image for amt coffee serves fair tax certification

Tax | AMT Coffee serves up fair tax certification

AMT Coffee, which has 53 outlets across the UK and republic of Ireland, including NHS hospitals and train stations, has become the first national coffee bar chain to secure fair tax certification, awarded by the Fair Tax Mark organisation

7 Mar 2018

Accountancy Firms

Image for plans double time limit offshore tax assessments

Tax | Plans to double time limit for offshore tax assessments

HMRC is consulting on plans to implement a new minimum time limit of 12 years for making tax assessments or notices of determination in cases involving offshore income, gains or chargeable transfers

7 Mar 2018

Image for tax break black cabs go green april

Tax | Tax break for black cabs to go green from April

Black cab drivers are set to receive a tax incentive to replace their diesel cabs with electric taxis from April when a green tax break comes into effect

6 Mar 2018

Image for transfer pricing definition updated reflect oecd beps

Tax | Transfer pricing definition updated to reflect OECD BEPS

HMRC has confirmed the definition of transfer pricing guidelines within UK legislation following changes to the OECD guidelines issued last year, which will affect businesses who are subject to the transfer pricing rules for the purposes of income tax or corporation tax

6 Mar 2018

International Tax

Law and Regulation

Image for hmrc chief sets out priorities and risks tax authority

Tax | HMRC chief sets out priorities and risks for tax authority

Jon Thompson, chief executive of HMRC, is leading a major transformational change programme at the tax authority. In his latest HMRC blog, he outlines the priorities and challenges of digital transformation, from the ambitious Making Tax Digital overhaul to personal tax accounts and the risk of Brexit overload

6 Mar 2018

Making Tax Digital

Image for termination tax payment changes will hit high earners

Tax | Termination tax payment changes will hit high earners

There is now a month to go until major changes to the tax calculations for termination payments come into effect from April 2018 which will hit high earners and affect tax calculations

5 Mar 2018

Law and Regulation

Image for us tax reform navigating anti base erosion legislation part 3

Tax | US tax reform: navigating anti-base erosion legislation - part 3

In the third instalment of our series on US tax reform, PwC US partner Donald Doran looks at the latest measures to curb anti-base erosion and mitigating measures for business

5 Mar 2018

International Tax

B&ADTV

Croner Intelligence: a day in the life

Q&A: tax on property business profits

Croner Intelligence: created by experts, powered by AI

Most Read

1

HMRC to ‘automatically sign up’ MTD taxpayers from September

view

2

HMRC trainee wins £155k bullying claim at tribunal

view

3

Director used £13m fraud to buy Porsche and Dubai holiday

view

Latest Spotlight

1

Climate change amplifies risks auditors already assess

view

2

FCA simplifies IPO rules to encourage UK listings

view

3

Acas code on disciplinary and grievance procedures up for review

view

Editor's Picks

1

How Croner Intelligence works: under the bonnet

view

2

‘He doesn’t have to prove anything,’ defence closes in barrister’s £2m tax trial

view

3

UK GAAP changes to lease accounting: part two

view

CPD Tracker

Our CPD Tracker allows you to bank structured CPD time.

If you’re already a subscriber, log in to access the CPD Tracker to check your points to date and export the data from your personal records.