The government needs to introduce a statutory definition of residence to give
foreign business stakeholders certainty on their tax position, the ICAEW says.
Speaking as the government released the 2008 Finance Bill, the institute’s
tax faculty head Francesca Lagerberg said many other countries had introduced
such a test and that the UK would benefit by doing the same.
‘The UK is now out of line with international practice in maintaining a rule
that is largely based on often conflicting case law and practice that does not
deal satisfactorily with increased international mobility,’ Lagerberg said.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy