The bankers’ bonus tax will drive some financial institutions to seek legal
advice on whether they can duck the tax by claiming they are not banks.
While they don’t expect wide-scale litigation to counter the tax, some will
look to challenge the authorities if they are targeted.
There will be scope for the current provisions to be challenged,
Mishcon de Reya lawyer
Daniel Naftalin told the FT.
Ronnie Fox, founder of law firm
said he doubted whether the 50% tax on bank bonuses of more than £25,000 would
lead to challenges.
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...