The Accenture ruling on VAT on outsourced services will threaten jobs, the
finance director of Aviva has said.
The ruling meant that financial services companies outsourcing work in the EU
had to pay VAT on the work. They are usually exempt, and experts say the extra
17.5% charge often entirely outweighs the benefits of outsourcing.
The ruling ‘can positively encourage companies, such as my own, to look to
outsource to less developed economies,’ Andrew Moss, the group FD at Aviva, told
the Financial Times.
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...