chief executive, has called for government action to make globalisation a top
priority on the government’s reform agenda following a survey showing small
businesses want to take up opportunities but need help to do so.
‘The pace of global change has accelerated and UK businesses realise that
they must adapt quickly if they are to thrive in an increasingly global
marketplace,’ he said. ‘We would like to see the new Department for
Business, Enterprise and
Regulation Reform (BERR) ensuring that globalisation is a top priority.’
The ICAEW enterprise survey showed that, of companies who have customers
overseas, 49% are in the EU of which 36% are in the later EU accession countries
such as Poland and the other former Soviet Bloc countries).
Businesses in London and the south-east are typically most likely to have
customers in more of these markets. However, the exception are Scottish
companies Scotland which are most likely to have clients in the USA, Australia
and Canada, while companies in Wales are the least globally engaged (51%)
compared with Scotland at 90% – above the national average of 72%.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed