The Scottish institute claimed that an important element that made the UK economy competitive and attractive to foreign investment was the stability of the UK tax regime and the certainty of its impact. It believes that the current rules are broadly satisfactory and that there is no pressing need for change.
‘The tax rules relating to residence and domicile should be see to be stable, not subject to arbitrary change, and above all not subject to the risk of any retrospective change,’ said Ian Dewar, convenor of the ICAS tax committee.
‘Prolonged review of these rules by successive governments creates uncertainty which is damaging to the economy.’
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