Shifting sands
The Treasury Select Committee is conducting a wide-ranging inquiry into UK taxation, with a focus on corporate tax.
The Treasury Select Committee is conducting a wide-ranging inquiry into UK taxation, with a focus on corporate tax.
The Chancellor presented his eight Budget on 16 March, with a whirlwind of new measures for businesses and individuals alike.
In November 2015 the G20 ratified, approved and adopted recommendations made in 13 reports produced by the OECD to counter Base Erosion and Profit Shifting (BEPS) – summarised in the Table
Southern Aerial (Communications) Ltd and the taxpayers, Mr and Mrs Jones, appealed against HMRC’s NIC determinations and assessments to income tax on car and fuel benefits purported to have arisen.
The company car rules determine the annual value of the benefit to be calculated as being the manufacturer’s vehicle list price (with some special rules for accessories) multiplied by a percentage
The OECD’s Forum for Harmful Tax Practices (FHTP) published its action 5 final report on 5 October 2015, as one of the 15 BEPS actions.
The third ‘fiscal event’ of the year took place on 25 November 2015, when the Chancellor delivered the Autumn Statement.