The institute had asked its members for their views on EU tax harmonisation, with 57% of members voting against any moves, with 43% in favour.
When asked whether they believed that EU tax harmonisation would occur regardless, 61% said it would.
Chas Roy-Chowdhury, head of taxation at ACCA, said: ‘There are still certain member countries which are committed to high taxation and would like to see the same tax requirement in neighbouring states.’
He added: ‘Rather than harmonisation, which is clearly unpopular, the Commission should focus on remedying problem areas in existing national tax regimes, especially in the areas affecting small businesses, which still face problems in recovering intra-EU VAT, and the current impasse on how to deal with VAT on internet downloadable services.’
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC