Exploring the opportunities of Generative AI in corporate tax: trends, benefits, and challenges

Tax Exploring the opportunities of Generative AI in corporate tax: trends, benefits, and challenges

6m Liz Salecka

Exploring the opportunities of Generative AI in co...

Digitalisation is already having a major impact on the way companies run their tax departments and meet new, and ongoing changes, to tax regulations g...

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EU VAT changes could still impact UK firms, experts warn

Regulation EU VAT changes could still impact UK firms, experts warn

7m Rob Griffin

EU VAT changes could still impact UK firms, expert...

Businesses urged to prepare for next year’s regulatory overhaul. Read More...

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The tax function is an 'evolving beast'

Big Four The tax function is an 'evolving beast'

8m Greg Noble

The tax function is an 'evolving beast'

The ERP system has evolved from being the finance data house to a tool that can power more business decision-making Read More...

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Generative AI to play potentially ‘transformative’ role in tax

Business Generative AI to play potentially ‘transformative’ role in tax

9m Sam Alberti

Generative AI to play potentially ‘transformative’...

The technology can go beyond clerical usage and assist with the delivery of advisory services, experts say Read More...

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Collecting customer data the main barrier to HMRC’s Single Customer Accounts, ICAEW says

HMRC Collecting customer data the main barrier to HMRC’s Single Customer Accounts, ICAEW says

9m Greg Noble

Collecting customer data the main barrier to HMRC’...

HMRC believes its Single Customer Account (SCA) scheme, which is expected to be in place by 2025, will transform its digital service offering Read Mor...

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Government execution of MTD ‘out of control’ as costs spiral

HMRC Government execution of MTD ‘out of control’ as costs spiral

9m Sam Alberti

Government execution of MTD ‘out of control’ as co...

The regime's total cost is now thought to be five times the original forecast Read More...

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Calls for overhaul of UK tax system ‘long overdue’

Tax Calls for overhaul of UK tax system ‘long overdue’

9m Greg Noble

Calls for overhaul of UK tax system ‘long overdue’

The Chancellor's choice to dissolve the OTS runs the risk of conveying that it is not a priority for the Government Read More...

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IR35: Government set to tackle ‘murky’ umbrella company market

Contracting IR35: Government set to tackle ‘murky’ umbrella company market

9m Sam Alberti

IR35: Government set to tackle ‘murky’ umbrella co...

The fresh proposals mark the end of a 14-month wait for the findings of a public consultation Read More...

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Playing in the sandbox: HMRC's flawed policy pilot

HMRC Playing in the sandbox: HMRC's flawed policy pilot

9m Helen Thornley, ATT Technical Officer

Playing in the sandbox: HMRC's flawed policy pilot

ATT Technical Officer Helen Thornley looks at the latest consultation from HMRC about how to improve the processes of testing of new systems and polic...

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The emerging challenges and responsibilities of ViDA in a changing world

Tax The emerging challenges and responsibilities of ViDA in a changing world

10m Liz Salecka

The emerging challenges and responsibilities of Vi...

New EU VAT reforms look set to bring both challenges and opportunities for businesses and now is the time to prepare for them, says Thomson Reuters’ i...

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HMRC says WFH does not affect service levels

HMRC HMRC says WFH does not affect service levels

10m Greg Noble

HMRC says WFH does not affect service levels

HMRC had the lowest Whitehall department headquarters staff occupancy rates for the week commencing April 17 Read More...

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‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list

HMRC ‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list

11m Sam Alberti

‘Absurd’ loophole sees UK tax avoidance schemes re...

The Finance Act says that schemes can only be named and shamed for a year Read More...

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Data management in the evolving tax function

Skills Data management in the evolving tax function

12m Greg Noble

Data management in the evolving tax function

The composition of tax teams of the future could potentially be evolving away from its traditional look  Read More...

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Accountants sceptical as government pledges to regulate umbrella industry

Business Regulation Accountants sceptical as government pledges to regulate umbrella industry

1y Sam Alberti

Accountants sceptical as government pledges to reg...

Plans to establish a Single Enforcement Body have resurfaced having been reportedly shelved last year Read More...

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‘Further complexity’: accountants split on new R&D reliefs

Budget ‘Further complexity’: accountants split on new R&D reliefs

1y Sam Alberti

‘Further complexity’: accountants split on new R&D...

New R&D tax measures mark 'return to generosity' but add complexity, argue accounting experts Read More...

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Mission Zero: Can taxes help us achieve Net Zero?

Business Mission Zero: Can taxes help us achieve Net Zero?

1y Helen Thornley, ATT Technical Officer

Mission Zero: Can taxes help us achieve Net Zero?

Last month, a report into the UK's progress towards net zero recommended that the Treasury should review how the tax system could be used to incentivi...

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90% of ADR cases resolved within 120 days, despite shift to video call, states HMRC

HMRC 90% of ADR cases resolved within 120 days, despite shift to video call, states HMRC

1y Greg Noble

90% of ADR cases resolved within 120 days, despite...

HMRC has emphasised that all mediators will be impartial throughout the ADR process Read More...

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Zahawi scandal illustrates no one is beyond reach, despite tax system complexity

HMRC Zahawi scandal illustrates no one is beyond reach, despite tax system complexity

1y Greg Noble

Zahawi scandal illustrates no one is beyond reach,...

Penalty and settlement reportedly issued by former chancellor to HMRC in September 2022 Read More...

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Accountancy firms face increased workloads as HMRC customer service delays persist

HMRC Accountancy firms face increased workloads as HMRC customer service delays persist

1y Greg Noble

Accountancy firms face increased workloads as HMRC...

HMRC receives criticism from taxpayers as January 31 deadline looms Read More...

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Data science: the future of the tax industry

Making Tax Digital Data science: the future of the tax industry

1y Greg Noble

Data science: the future of the tax industry

Accountants must embrace technological advancements to keep up with legislation and innovate for clients Read More...

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New year, new VAT penalties

Tax New year, new VAT penalties

1y Emma Rawson, ATT Technical Officer

New year, new VAT penalties

Emma Rawson, ATT technical officer, takes a look at the new VAT late payment and filing penalties which will apply from January 1, 2023 Read More...

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Autumn budget preview: Jeremy Hunt must ‘clarify’ ambiguous IR35 rules

Budget Autumn budget preview: Jeremy Hunt must ‘clarify’ ambiguous IR35 rules

1y Greg Noble

Autumn budget preview: Jeremy Hunt must ‘clarify’ ...

Market participants are hoping Chancellor Jeremy Hunt will clarify IR35 rules in the upcoming Autumn budget Read More...

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IR35 repeal U-turn a ‘massive oversight’

Politics IR35 repeal U-turn a ‘massive oversight’

1y Sam Alberti

IR35 repeal U-turn a ‘massive oversight’

The UK government’s U-turn jeopardises the contracting market and vital supply chains, experts say Read More...

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The Trust Registration Service beyond September 1, 2022

HMRC The Trust Registration Service beyond September 1, 2022

1y Helen Thornley, ATT Technical Officer

The Trust Registration Service beyond September 1,...

The deadline of September 1, 2022 for registering all trusts in existence at October 6, 2020 (unless specifically excluded) on the Trust Registration ...

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Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

Big Four Q&A: KPMG head of tax policy discusses ‘levelling up’ and Truss’ tax cuts

2y Rebecca Whittaker

Q&A: KPMG head of tax policy discusses ‘levelling ...

Head of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...

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Tax experts call on PM’s successor to make “vital” improvements to tax system

Tax Tax experts call on PM’s successor to make “vital” improvements to tax system

2y Rebecca Whittaker

Tax experts call on PM’s successor to make “vital”...

President of the Chartered Institute of Taxation says HMRC’s performance standards are ‘falling short’, reinforcing the need for reformed digitalisati...

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Post-pandemic, are HMRC’s gloves off for good?

HMRC Post-pandemic, are HMRC’s gloves off for good?

2y Tim Symes, Lisa Vanderheide and Eugene Pekos

Post-pandemic, are HMRC’s gloves off for good?

How has HMRC managed its metamorphosis from benevolent supporter of businesses during the pandemic to hard-nosed tax collector? Litigation specialists...

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