£9bn shortfall: Managing tax compliance following pandemic
HMRC’s compliance work generated around £9bn less tax revenue than normal during the pandemic as thousands of staff moved to support…
Governance
Two-year delay to Making Tax Digital
he government has decided to extend the time businesses have to prepare for the transition to Making Tax Digital (MTD) for…
Banking reforms Q&A: Will relaxing the rules help the UK economy?
By Robert Webb, Professor of Banking & Applied Economics, University of Stirling Jeremy Hunt, the UK chancellor of the exchequer, has…
Jeremy Hunt’s autumn statement is a poisoned chalice for whoever wins the next election
By Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London Chancellor Jeremy Hunt has produced a highly political…
Pay attention to VAT penalty changes or pay the price
The new VAT penalty regime introduced by HMRC poses challenges, however, there are solutions to help organisations simplify and decrease risk…
Why the latest Corporation Tax U-turn means more uncertainty for UK business
By Gavin Midgley, Senior Teaching Fellow in Accounting, University of Surrey Before the new UK chancellor, Jeremy Hunt, rolled back almost all of September’s…
The Growth Plan: the impact on businesses
Sian Steele, above, Head of Tax at wealth management and professional services group Evelyn Partners, comments on the impact of The…
Why financial services struggle with identity-based data retention
By Lee Biggenden, below, COO & Co-Founder of Nephos Technologies With an increase in compliance laws in recent years governing how…
Are there real grounds to move to the cloud, or is it all just blue-sky thinking?
Cloud technologies have long since come of age and increasing numbers of services are migrating from the server room to the…
What you should know about making tax digital
On April 1, HMRC’s Making Tax Digital (MTD) initiative, the UK’s fully digital tax system, reached a new milestone: all VAT-registered…