Amazon UK halves its corporation tax bill despite increased turnover
Retail giant Amazon halved its corporation tax bill in the UK to £7.4m in 2016, despite Amazon UK Services’ 54% increased turnover
Tax Avoidance
HMRC invokes GAAR to clamp down on gold bullion tax avoidance schemes
The GAAR advisory panel stated that the use of gold as payments for employees is “abnormal and contrived” and “not a reasonable course of action”
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules
Alison Conley, partner at MHA MacIntyre Hudson, looks at hybrid mismatch anti-avoidance legislation, and why accountants should pay attention to it
Industry reaction: Taylor Review does not go far enough in addressing tax issues
While supportive of suggestions to afford gig economy workers more rights and protections, industry reaction suggests more tax reform is needed for meaningful change
HMRC receives record number of judicial reviews
HMRC received a record number of 90 judicial reviews last year, raising concerns about the tax authority's potential misuse of power
Autumn Statement: Investment and tax avoidance highlighted in Hammond’s speech
Billions of pounds of infrastructure investment planned; but tax tinkering still looms following Philip Hammond's first Autumn Statement
Colin: Tell them about the money, mummy
As advisers prepare for another Autumn Statement, they and their clients hope to avoid the grip of more red tape
Five key tax and business burdens the chancellor must ease in Autumn Statement
Alleviating tax red tape, and stronger investment incentives, are key requests for the chancellor Philip Hammond to consider from the ACCA
Friday Afternoon Live: Making Tax Digital; CIMA prez’s new role; tax conduct guidance
Making Tax Digital; CIMA's president taking up the chair role of its jointly-founded new international organisation; and new tax adviser conduct rules ... top topics for the latest Friday Afternoon Live
European Commission told to draft financial transaction tax by year-end
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
