Government has launched a consultation to evaluate whether the changes to the
tax regime for bingo taxation have brought the savings sought.
In 2003 the tax system for bingo duty was simplified, removing the need to
calculate added prize money charges and moved the duty calculation from a weekly
The change would have created one-off transitional costs, resulting from the
need to train staff and change accounting systems, but overall the change would
The government is looking into to whether these savings have been realised
and will run the consultation until February 2006.
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...