has backed the government’s decision to set up a working group to look at the
competitiveness of the UK’s corporate tax system.
The government’s announcement yesterday follows hard on the heels of the
high-profile departure of two UK multi-nationals – Shire Pharmaceuticals and
United Business Media – to Ireland for tax residency purposes.
CBI director general, Richard Lambert said: ‘The CBI looks forward to working
as part of the new group to identify a clear, internationally competitive
corporate tax strategy for the UK.’
The employers’ body released a taskforce report last month revealing failure
of the UK tax system to respond to increasingly global business activity which
was creating an unsustainable regime.
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...