Chancellor Gordon Brown faced last-minute pressure to keep the Budget simple this week, as accountants called for a moratorium on further red tape for businesses already overwhelmed by administrative changes, writes Chris Quick.
‘Businesses have had to cope with a great deal over the last two years,’ said Arthur Andersen tax partner Bill Dodwell. ‘Businesses need time to take stock.’
Aside from the new corporate tax self-assessment system, the abolition of advance corporation tax and the introduction of the working families tax credit, businesses also face pressures from Year 2000 and the euro.
Accountants blamed the firing of Brown’s controversial spokesman Charlie Whelan earlier this year for the lack of pre-Budget ‘leaks’.
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