The government crackdown on film tax breaks has led to a steep
drop in the number of people employed in the industry, according to UK Film
The number of people employed in the film and video production
sector was 24,816 in 2004, from 31,264 the year before – a drop of 20%.
That number is expected to fall further as uncertainty
continues over the introduction of new rules for films looking to gain tax
The government announced plans to change the tax rules over
concerns that the current relief system was being abused.
There are fears that the new regime, which begins in April
2006, will further discourage filmmaking in the UK.
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...