A ‘tax taskforce’ has been set up by the
Confederation of British Industry with the
aim of helping to create a simpler and lower business tax regime.
It includes Christopher Morgan, head of international corporate tax at KPMG,
The CBI believes a simpler regime is necessary if the UK is to continue to
enjoy economic prosperity.
Lambert, director general of the CBI, said the globalisation and the
increasing mobility of multinational companies meant that national governments
had to rethink their tax policies.
Among other things the taskforce will propose new ways of taxing company
profits, whether they are generated in the UK or overseas, and it will explore
whether business tax harmonisation might benefit British companies that trade in
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...