George Bull, senior tax partner at RSM, asks whether France’s commitment to refund part of its digital services tax to the US tech giants will scupper the UK’s efforts to introduce a 2% digital tax
The Chancellor will present details of the spending round to parliament next week, earlier than expected, setting out departmental day-to-day spending to cover the Brexit period
There are signs that France and the US may be about to settle their differences over the introduction of a digital services tax (DST), after comments at the recent G7 summit suggested the two countries are looking to work together on the issue which has raised the threat of retaliatory tariffs
The US government’s investigation into French plans to implement a digital services tax (DST) has started with US tech companies arguing it is a discriminatory move and calling for multilateral cooperation to address changes to the international tax system
Chancellor Sajid Javid has moved swiftly to backtrack on claims he is considering changing the way in which stamp duty land tax (SDLT) is levied, so it moves from the purchaser to the vendor of a property, although he has indicated an overhaul of the tax regime for buying and selling homes is a top priority
The government is under pressure to take action on business rates, with over 50 major retailers supporting recommendations designed to fix what they describe as ‘the broken business rates system’
MPs and contractors are intensifying pressure on the Chancellor to review the loan charge which has seen contractors paying retrospective tax bills on remuneration schemes which were outside PAYE, some dating back 20 years
There will be a fast-tracked one-year spending review to ensure departments can focus on delivering Brexit by 31 October, the Chancellor has confirmed, as the normal three-year spending review is delayed
The UK continues to charge VAT on e-books, audio books and online newspapers despite changes to EU VAT rules introduced last year and since adopted by a growing number of member states
Following the appointment of the former chair of the Treasury Committee, Nicky Morgan MP, as Secretary of State for Digital, Culture, Media and Sport, there will be an election after the summer recess for a new chair
Boris Johnson has named Sajid Javid as Chancellor of the Exchequer in one of his first top ministerial appointments as prime minister, with Rishi Sunak as number two at the Treasury
The apprenticeship levy, designed to boost workplace training, has proved an ‘empty promise’ and needs urgent reform, according to the Chartered Institute of Personnel and Development (CIPD)
As Boris Johnson prepares to become prime minister, Chris Etherington, partner at RSM, examines his potential tax bill from income to property taxes on multiple residences, personal earnings to tax reliefs, not to mention the future prospect of the public duty cost allowance (PDCA)