TS thoroughly enjoyed its trip to the Tate Modern for the CIoT’s President’s Reception.
Unfortunately the nearest TS got to contemporary art was the fluid lines of prez Anthony Thomas’ speech.
In fact it seemed like a post-ironic ‘panto installation’, what with Anthony delivering his speech from a balcony a la Statler & Waldorf (see grainy pic). This was compounded by the crowd’s booing and hissing at his first mention of HMRC.
On consultations, he said that “decisions have already been made, or these consultations where we are simply asked to tick a box out of a possible three options. I am sure you will agree this is not the way to consult”.
A good evening had by all, leaving TS sporting a modicum of a hangover today. Cheers.
Colin McClatchie joins Robert Black, Rhona Brankin and Dame Lin Homer as a public interest member on the ICAS council
The ATT had previously expressed concern that the legislation was overly complex and created unnecessary complications within the practical working of the new allowances
Introduced in 2013 to encourage R&D investment, the scheme allows UK businesses to pay only 10% corporation tax on profits derived from any UK or certain EU patents
Yet, KPMG’s annual survey shows that the UK is still an attractive place to do business, despite falling in rankings in tax competitiveness and FDI appeal