Plans for a flat rate of corporation tax across Europe have been panned by
EU taxation commissioner Algirdas Semeta floated a plan last week to bring in
a common consolidated corporate tax base which would make taxes on businesses
the same across Europe.
Detractors say this has come just months after EU mandarins promised there
would be no fiscal changes in the pipeline which would affect Ireland.
Dana Rosemary Scallan, a No campaigner against the Lisbon Treaty told the
Sunday Mirror: “A
common tax rate was always the intention of the EU. Unfortunately, the eurocrats
lie and they lied to us about that tax guarantee.
“Anyone who raised concerns about this was branded a scaremongerer. I hate to
keep saying ‘I told you so’, but I’ve been warning this was coming since 1999.
We’ve been deceived by Europe.”
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...