Chancellor Alistair Darling has signalled his intent to pressure banks into
signing agreements to reduce the prevalence of tax avoidance.
Darling said if banks failed to enter into the agreements, they would face
greater inspections by tax authorities, according to
The government is calling for all banks operating in the to sign the new
taxation code of practice by the end of September.
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