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Office of Tax Simplification

IR35

IR35: A year of testing tests looms

New IR35 guidelines have prompted a gloomy response. But it seems advisors will have to go through the process of trying out the 12 new tax tests

11 May 2012

leader-logo

Come on Cameron, cut out the accounting commentary

Throwaway comments about the profession are harmful. So stop it please, says Accountancy Age

08 May 2012

On the ropes

UK Plc - bruised, battered, but still worth investing in

The UK is still an attractive place for investment from overseas despite the tough economic conditions, argues Michael Davis

26 Apr 2012

Sole Survivor: Cash accounting - the hidden burden

In an ongoing series of articles aimed at smaller practices, Elaine Clark questions the morality, and complexity, issues that rise from cash accounting

11 Apr 2012

HMRC faces up to advisors' woes

Senior tax advisors welcome the first stage of the taxman's attempts to improve service delivery, with visits to each others' turf proving an eye-opener

05 Apr 2012

Tax can't be simple with a heavyweight finance bill

Despite better tax consultations, a huge finance bill suggests a more complex system, despite government rhetoric

30 Mar 2012

Tax simplification: Not so simple

The Office of Tax Simplification has made some progress, but government has so far shied away from radical reforms to the tax system

28 Mar 2012

Budget2012: Osborne plans ‘radical change’ to taxation of small businesses

Small businesses with a turnover of up to £77,000 could be allowed to calculate their tax on the basis of cash that passes through their business

21 Mar 2012

Budget2012: Cigarettes duty up 5% above inflation

Cigarettes to rise 37p per pack

21 Mar 2012

Tax avoiders are obeying the law

It's not up to taxpayers to decide what's the 'right' amount of tax to pay - that's up to goverment

13 Mar 2012

Don't tax pensions, George Osborne told

Office of Tax Simplification suggests that state pensions could be exempted from income tax

08 Mar 2012

OTS: Employers should self certifiy employee share schemes

Self-certified employee share schemes would be quicker to set up and would encourage staff to take a stake in their company, Office of Tax Simplification says

06 Mar 2012

Gauke: Aggressive, contrived tax avoidance is anti-business

Paying tax that is owed, when it is owed is pro-business and part of creating a competitive business tax regime in Britain, says David Gauke, Exchequer Secretary to the Treasury

05 Mar 2012

Simplify accounting for micro-businesses, says tax body

Office of Tax Simplification wants simpler accounting regime for the smallest businesses to help them manage tax affairs

28 Feb 2012

OTS: Treasury should consider scrapping marriage allowance

Treasury-commissioned report expected to say that married couple's allowance and 10% tax rate on savings are not widely used and complicate people's tax affairs

07 Feb 2012

Mayor of London unlikely to axe 50p tax rate

Boris Johnson claims it is unlikely the UK will drop the 50p tax rate in current climate

30 Jan 2012

Clegg: Raise income tax threshold 'further and faster'

Deputy prime minister expected to outline plans to accelerate introducion of £10,000 starting rate for income tax in speech today

26 Jan 2012

Finance Bill 'a result of simplification', says Whiting

Consultation means Finance Bill remains manageable, says Office of Tax Simplification tax director

06 Dec 2011

AS2011: Business Rate holiday extended

Business rate holiday extended to April 2013

29 Nov 2011

Next stage of income tax and NI merger revealed

Government prepares for the next stage of reform, as evidence is gathered for income tax and NI merger

14 Nov 2011

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Penny Avis' book Nevermind the Botox Rachel

Video: From corporate finance to author

Rachael Singh interviews self-published author and former Deloitte partner Penny Avis on her novel "Nevermind the Botox Rachel"

Managers must spot signs of staff stress

Learn to identify the symptoms of stress in your team, urges CABA

The Practitioner: Staff sit-down shocker

The Practitioner has plenty to think about after a senior staff member reveals the pair haven't 'chatted' for quite a while...

Time for consulting to re-balance?

Despite robust performance in 2011, the consulting industry must reduce its reliance on financial services clients, says Alan Leaman

businessman steps forward

Tax: Don't go back in the future

Forget retrospection and instead put the GAAR together properly to create certainty for business, says Gary Richards

CIMA and ICAEW accounts: all in the presentation

Fully transparent, or just one for the accountants? asks Kevin Reed

TS recalls Pet's star Healy's close links to HMRC

Tim Healy's recent run-in with the taxman isn't his only dealing with HMRC, TS recalls...

Colin: Cost-cutting a step too far

Finance function takes its toll at BBC offices

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Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities