London has lost its status as the best place for international companies to
do business, ICAEW chief executive Michael Izza has warned ahead of the Budget.
‘People I talk to are openly questioning whether or not they should be based
in London or should move themselves and their corporate headquarters to more
favourable climes,’ Izza said on his blog.
He added: ‘ Wednesday’s budget will be the only chance the Chancellor has to
reverse this – to leave it will be too late.’
Izza said he would do little to change the tax system if he were the
chancellor, but would work on simplification.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
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 firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer