Two institutes have joined forces in calling for the government to allow
businesses to bring offshore gains into the UK tax free and then concentrate on
In a letter to the Treasury’s financial secretary Jane Kennedy, the CIoT and
the ICAEW put more pressure on the Treasury to grant the long- awaited dividend
exemption before looking into the potential knock-on effects,
the FT reported.
Tax policymakers have raised concerns that the dividend exemption would see
companies pass ‘passive’ income from assets such as intellectual property
through controlled foreign companies in low tax jurisdictions.
However, advisers have said that the repatriation of funds onshore will
actually benefit the UK’s corporate tax take.
The AAT has become the first accountancy body to sign the Women in Finance Charter, which is designed to help achieve gender balance in the financial services industry
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