MANY THINGS leave us baffled here at TS towers. Accounting standards. Tax. The popularity of the Great British Bake-Off. The list is sizeable.
We can now add HM Revenue & Customs’ decision to organise a VIP service at Westminster Abbey later this month to recognise the department’s work collecting revenue.
Does HMRC deserve recognition? Also, we at TS Towers don’t recall tax collectors receiving the fondest of treatments in the Bible.
Still, if any organisation needs God on its side in its work, HMRC does.
Hat tip to Ken Frost for spotting this story.
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
Following recent issues with HMRC’s personal tax computation software, Brian Palmer of the AAT questions whether the government’s implementation timeframe for Making Tax Digital is realistic