The Brazilian HQ of Cisco Systems has been raided as part of a tax evasion
investigation, according to reports.
As much as $500m (£246m) of equipment might have been imported without paying
the correct duties over the last five years.
A spokesman for the firm said it was fully cooperating, and establishing what
had happened in the office, reported the
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
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW