Republicans in the US Senate have shot down moves to charge oil companies a
windfall profits tax.
The proposals, which were coined as the ‘Consumer First Energy Act,’ were
floated to combat the rapidly rising price of gasoline but needed 60 votes to be
pushed through but only received the backing of 51 senators.
Pressure groups in the UK have called for similar moves to be made after
companies made bumper profits.
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals
Unincorporated businesses under the VAT threshold given an extra year to prepare before MTD becomes mandatory