According to Sir Alan Parker, the acclaimed film director, existing tax breaks are designed to help film production while they should be directed towards improving international distribution.
He called for a review of the current 100% tax write-off for a film’s first year of production costs which is due to expire in July 2005.
The Council said it would be bringing the subject up with the Treasury and Inland Revenue.
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...