The charge was levelled by Tory shadow chief secretary Teresa Villiers, who
complained about the way the Treasury cracked down on film industry tax
avoidance which, she said, meant Pinewood Studios, Bond’s traditional home since
Dr No, lost out to Barrandov Studios.
Speaking ahead of the launch of the marketing campaign of Casino Royale in
Cannes, she told a Commons Committee debating the finance bill, that the result
was a collapse in Pinewood’s profits from £6.5m to just £571,000.
Ed Balls, the chancellor’s new economic secretary, said that in 2004 there
were 133 productions in the UK. This fell ‘marginally’ to 124, but numbers this
year would show the continuing engagement of the British film industry in
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...