Businesses save £1.4 billion in corporation tax through Patent Box scheme

Corporate Tax Businesses save £1.4 billion in corporation tax through Patent Box scheme

2w Accountancy Age, Reporters

Businesses save £1.4 billion in corporation tax th...

The amount of tax saved by businesses through HMRC’s Patent Box scheme has increased by 23% over the last five years, from £1.14 billion in 2017/18 to...

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Jeremy Hunt hints at further tax cuts at Davos: What accountants need to know

Budget Jeremy Hunt hints at further tax cuts at Davos: What accountants need to know

2m Rachael Kennedy

Jeremy Hunt hints at further tax cuts at Davos: Wh...

UK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...

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84% of tax professionals fear double taxation as Pillar 2 looms

Corporate Tax 84% of tax professionals fear double taxation as Pillar 2 looms

2m Accountancy Age, Reporters

84% of tax professionals fear double taxation as P...

The legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...

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UK Accountants brace for significant tax changes in 2024

Administration UK Accountants brace for significant tax changes in 2024

2m Accountancy Age, Reporters

UK Accountants brace for significant tax changes i...

The upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...

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What should accountants take away from Amazon's $270 million tax win?

Business What should accountants take away from Amazon's $270 million tax win?

3m Accountancy Age, Reporters

What should accountants take away from Amazon's $2...

Accountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...

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Sunak employs Thatcher-like tactics with taxation shift

Corporate Tax Sunak employs Thatcher-like tactics with taxation shift

3m Accountancy Age, Reporters

Sunak employs Thatcher-like tactics with taxation ...

As the government prepares for re-election, PM Sunak promises to control spending in order to bring forth tax cuts next year Read More...

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Hint of future tax reductions welcomed but won’t quell uncertainty

Business Hint of future tax reductions welcomed but won’t quell uncertainty

10m Greg Noble

Hint of future tax reductions welcomed but won’t q...

The Office for National Statistics revealed that the UK economy shrank by 0.3% in March after the economy grew by 0.1% in the previous three months Re...

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Dave Chaplin: ‘IR35 is a growth issue for the Tories’

Budget Dave Chaplin: ‘IR35 is a growth issue for the Tories’

1y Sam Alberti

Dave Chaplin: ‘IR35 is a growth issue for the Tori...

As the Spring Budget approaches, dissenters of the UK government’s increasingly complex contractor legislation are baying for change. HMRC has already...

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Rise in corporation tax ‘highly likely’ despite ‘rebellion building behind it’

Corporate Tax Rise in corporation tax ‘highly likely’ despite ‘rebellion building behind it’

1y Greg Noble

Rise in corporation tax ‘highly likely’ despite ‘r...

Jeremy Hunt is facing calls for the rise in corporation tax to be abandoned Read More...

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Boris Johnson’s successor must make SME support an “immediate priority”

Business Boris Johnson’s successor must make SME support an “immediate priority”

2y Rebecca Whittaker and Sam Alberti

Boris Johnson’s successor must make SME support an...

While Rishi Sunak stands firm on his “sound money” values, appealing to the interests of businesses could be the route to the top job, experts argue R...

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UK will lose world-leading corporation tax status with impending hike, study finds

Corporate Tax UK will lose world-leading corporation tax status with impending hike, study finds

2y Sam Alberti

UK will lose world-leading corporation tax status ...

The “dramatic” increase may spur similar action in other jurisdictions, according to one expert Read More...

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Online sales tax: A new tax for the digital age?

Corporate Tax Online sales tax: A new tax for the digital age?

2y Emma Rawson, ATT Technical Officer

Online sales tax: A new tax for the digital age?

ATT technical officer, Emma Rawson, looks at a recently published consultation considering whether the UK should introduce an online sales tax, and wh...

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R&D relief scheme “must be updated” to minimise uncertainty, industry argues

Corporate Tax R&D relief scheme “must be updated” to minimise uncertainty, industry argues

3y Sam Alberti

R&D relief scheme “must be updated” to minimise un...

Sources say that while the regime is positive, it must reflect the “reality of the 2020s” Read More...

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EU’s new unified corporate tax regime likely derailed by lack of unanimity

Corporate Tax EU’s new unified corporate tax regime likely derailed by lack of unanimity

3y Elizabeth Matsangou

EU’s new unified corporate tax regime likely derai...

The EU’s new unified corporate tax proposal has been rejected by Ireland, likely derailing the EU Commission’s third attempt at reimagining taxation i...

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Industry divided on international tax harmonisation

Corporate Tax Industry divided on international tax harmonisation

3y Alexander Garrett

Industry divided on international tax harmonisatio...

Governments have different priorities for coming to an agreement over globalised taxations, while industry warns of hazards as well as benefits Read M...

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Making the most of what you lost

Budget Making the most of what you lost

3y Emma Rawson, ATT Technical Officer

Making the most of what you lost

The Budget 2021 and Finance Bill introduced new extended loss carry back for businesses, with ATT technical officer Emma Rawson outlining the new rule...

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MTD is coming to corporation tax

Corporate Tax MTD is coming to corporation tax

3y Emma Rawson, ATT Technical Officer

MTD is coming to corporation tax

Emma Rawson, ATT Technical Officer, outlines what Making Tax Digital (MTD) for corporation tax will mean for companies and their agents in practice Re...

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Brexit deal & the pandemic sink “Singapore-on-Thames” low-tax dream

Brexit Brexit deal & the pandemic sink “Singapore-on-Thames” low-tax dream

3y Richard Asquith, Avalara

Brexit deal & the pandemic sink “Singapore-on-Tham...

By Richard Asquith, VP global indirect tax at Avalara Read More...

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VAT as a business-critical process

Corporate Tax VAT as a business-critical process

4y Matt Lewis

VAT as a business-critical process

Regulatory scrutiny and changing economic conditions have combined to make VAT a business-critical process, says Matt Lewis Read More...

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Multinational tax under consideration hits record high

Corporate Tax Multinational tax under consideration hits record high

4y Shannon Moyer

Multinational tax under consideration hits record ...

Professionals from the Chartered Institute of Taxation and Fitzgerald & Law weigh in on the impact of tax under consideration and the diverted profits...

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CTCs herald new era of control for tax authorities

Corporate Tax CTCs herald new era of control for tax authorities

4y Tom Lemmon

CTCs herald new era of control for tax authorities

Stricter controls on VAT compliance is set to shut down the “colossal” VAT tax gap. Read More...

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2020 Vision: the outlook for Corporation Tax

Corporate Tax 2020 Vision: the outlook for Corporation Tax

4y Emma Rawson, ATT Technical Officer

2020 Vision: the outlook for Corporation Tax

Emma Rawson from the Association of Taxation Technicians (ATT) looks ahead to the potential key changes for Corporation Tax in 2020. Read More...

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French Digital Service Tax: A model for Brexiters? Part 2

Corporate Tax French Digital Service Tax: A model for Brexiters? Part 2

4y Emmanuelle Deglaire and Marie-Charlotte Alary

French Digital Service Tax: A model for Brexiters?...

Emmanuelle Deglaire, Associate Professor & Member of the Legal EDHEC research centre and Marie-Charlotte Alary, LL.M. EDHEC Business School/EBS Univer...

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French Digital Services Tax: a model for Brexiters? Part 1

Corporate Tax French Digital Services Tax: a model for Brexiters? Part 1

4y Emmanuelle Deglaire and Marie-Charlotte Alary

French Digital Services Tax: a model for Brexiters...

Emmanuelle Deglaire, Associate Professor & Member of the Legal EDHEC research centre and Marie-Charlotte Alary, LL.M. EDHEC Business School/EBS Univer...

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Tax in 2020: A Q&A with Deloitte tax innovation experts - Part 1

Accounting Firms Tax in 2020: A Q&A with Deloitte tax innovation experts - Part 1

4y Chris Jewers

Tax in 2020: A Q&A with Deloitte tax innovation ex...

Accountancy Age spoke with Deloitte tax innovation experts Andy Gold and Chuck Kosal on the topic of Deloitte's tax plans for 2020, innovative tax sol...

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What does the IOF mean for companies?

Corporate Tax What does the IOF mean for companies?

4y Ifty Nasir

What does the IOF mean for companies?

With an election taking place in December, what does the IOF mean for companies and what other options are available? Read More...

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Podcast: Inside Accountancy Episode 4 – R&D Tax Credits: doing nothing is not an option

Accounting Firms Podcast: Inside Accountancy Episode 4 – R&D Tax Credits: doing nothing is not an option

4y Austin Clark, Editor

Podcast: Inside Accountancy Episode 4 – R&D Tax Cr...

In our latest podcast we talk to Luke Hamm from GovGrant about the need for the R&D tax credit programme to be kickstarted in the UK in order to drive...

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