Treasury plans to crackdown down on banks’ tax avoidance would fail because
they would be unconstitutional, voluntary and could even lower tax receipts from
Banks and advisers warned that the new code of conduct proposed by
the Treasury to
cut down on tax avoidance would not work. The national and sector focus of the
proposal would put banks at competitive risk, reported the FT.
In its consultation response, the
limiting the code to just banks could potentially amount to discrimination under
European Union law.
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...