Tax reforms are needed if the UK is to retain its competitiveness when the
recession finally lifts, according to a report commissioned by Alistair Darling.
A competitiveness group – comprising professionals in accountancy, law,
property, architecture and consultancy – is calling for firms to use growth
markets around the world, according to
Michael Snyder, senior partner at accountants Kingston Smith, said the UK’s
professional services sector needs to remain innovative if it is to attract the
same level of growth after the downturn.
The report reveals that despite the current tax regime working well for the
professional services sector, more can be done to encourage inbound investment.
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...