Elements of the hybrid mismatch regime are to be amended, it has been confirmed in the Budget, although the changes are not intended to alter the scope of the scheme

As the Chancellor leans on anti-avoidance and evasion measures to raise revenue, CIOT tax policy director John Cullinane raises concerns over the way some policies in the Budget were formed

The government has moved to prevent companies waiting for the six year limit for reporting depreciatory transactions to elapse, it has been confirmed in the Budget

Additional resources allocated to HMRC to combat tax avoidance and evasion are expected to generate an extra £2bn according to the Budget 2017’s costings, reports Calum Fuller

Oil and gas companies to will be able to transfer tax histories under plans announced included in the Budget by the Chancellor

Short-haul air passenger duty (APD) rates for 2019-20 will remain frozen as they have been since 2012, and there will be no increases in long-haul rates for economy passengers, although there will be an increase in the business class multiplier, the Chancellor announced in the Budget

Several changes to the business rates regime including shorter intervals between revaluations and a switch from the Retail Price Index (RPI) to the Consumer Price Index (CPI) have been announced by the Chancellor as part of the Budget

Independent VAT consultant Neil Warren examines the issues affecting potential simplifications to the VAT system and considers the options available

The US House of Representatives has passed a bill opening the way to a major reform to the US tax code, including slashing the corporate tax rate, in a milestone vote which means the focus for President Donald Trump’s promised tax overhaul now moves to the Senate

For the first time since July 2007, the Bank of England (BoE) has raised interest rates from 0.25% to 0.5% to help curb high inflation

With rumours swirling around ahead of the Autumn Budget on 22 November, Sara White, editor of Accountancy, discusses what could be included in the Budget following a tough year for tax professionals due to delayed regulations and retrospective tax rules, Making Tax Digital deferral and IT glitches at HMRC, execerbated by the snap general election

HMRC has been allocated £78m from the Treasury this year to fund work around leaving the EU, while the need to design and implement significant upgrades to the customs declaration system may mean other projects have to go on hold, MPs have been told