The financial turmoil that has wreaked havoc in the capital markets has
battered the government’s corporation tax income.
Office for National Statistics
data showed that August corporation tax receipts dropped to £704m compared to
£1.28bn in the corresponding period in 2006.
The ONS study also predicted challenging times ahead for the country’s public
finances, as tax revenues are expected to decline in response to a less buoyant
economy in the near future.
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...