Tax
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May- 2021 -21 May
US Treasury makes ‘unprecedented progress’ towards global corporate tax rate
The US Treasury has claimed to have made “unprecedented progress” towards the introduction of a 15% global corporate minimum tax…
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20 May
Less than 15% of accountants confident in MTD understandings
Less than 15% (14.6%) of accountants and bookkeepers are confident in their understanding of the next stage of Making Tax…
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19 May
European Commission proposes new business taxation system
The European Commission has proposed a new communication on business taxation to promote a “robust, efficient and fair” business tax…
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19 May
AAB sees rise in demand for tax investigation support
Anderson Anderson & Brown (AAB) has reported an increase in new enquiries for support with HM Revenue & Customs (HMRC)…
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18 May
Gov raised £40.8bn in ‘green taxes’ last year
The UK government raised a total of £40.8bn through “green taxes” last year, which is equivalent to 6% out of…
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Apr- 2021 -15 April
Company insolvencies fall 20% in March
The number of registered company insolvencies in England and Wales in March 2021 was 992, a year-on-year decline of 20%.…
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15 April
IFS: Scottish tax laws are ‘unnecessarily complicated’
Scottish tax laws are “unnecessarily complicated”, according to a report by the Institute for Fiscal Studies (IFS).IFS The professional body…
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9 April
CIOT and ICAS calls on gov to improve public awareness of taxations
The Chartered Institute of Taxation (CIOT) and the Institute of Chartered Accountants of Scotland (ICAS) are calling on Scotland’s political…
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7 April
Yellen presses for global corporate tax minimum
Janey Yellen, the US Treasury chief, has called for the introduction of a new global minimum corporate tax rate. In…
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Mar- 2021 -30 March
CIOT calls for specific reforms on taxation of trusts
The Chartered Institute of Taxation (CIOT) is pushing for specific reforms on the taxation of trusts, following the government’s failure…
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