Herring takes narrow lead in tax avoidance debate
Herring and Murphy rejoin debate on Wednesday after guest speaker Ray McCann analyses arguments
Herring and Murphy rejoin debate on Wednesday after guest speaker Ray McCann analyses arguments
OPPOSITION to the motion that tax avoidance is an unacceptable exploitation of the tax system has taken a ten-point lead in Accountancy Age‘s inaugural online debate.
BDO tax partner Stephen Herring leads Tax Justice Network founder Richard Murphy with 55% of the vote following the second day of discussion.
The second day saw the introduction of a guest voice in the debate, provided by Pinsent Masons partner Ray McCann.
McCann observed “a taxpayer must be taxed only on the basis of clear law” and “a taxpayer does not need to stand still and allow HMRC to take the largest amount possible out of his pocket”, before going on to analyse arguments advanced by Herring and Murphy.
Tomorrow sees Herring and Murphy return to make rebuttals against each other’s arguments, before Thursday’s closing statements.
To follow the debate and get involved, click here.
More about:
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceThe accountancy world has reacted to the news that the UK has voted to leave the EU Read More...
View articleHMRC's new leader claims that customer service levels are on the up Read More...
View articleThe government department made a very costly administration error in a letter to a tax avoidance user Read More...
View articleThe European Parliament has given the green light on an EU investigation into the Panama Papers Read More...
View articleMEPs call for more transparency for trust funds and foundations, common rules for “patent box” tax reductions on intellectual property earnings Read M...
View articleThe number of investigations into high-value big companies that HMRC suspect of using transfer pricing to avoid tax has fallen by 15% in a year Read M...
View articleHMRC taskforces have recovered more than £500m since they were launched five years ago Read More...
View articleThe search engine's tax affairs have come under further scrutiny following a dawn raid on its Paris offices Read More...
View article