OTS calls for overhaul of Personal Tax Accounts
The Office of Tax Simplification (OTS) has called for a revamp of HMRC's Personal Tax Accounts (PTAs) in order to make them easier to use for taxpayers. In a new…
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07/11/2019
HMRC sets out cryptoasset guidance for businesses
HMRC has issued guidance on the tax treatment of cryptoassets in order to clarify the rules for businesses. The UK tax authority has stressed that it does not consider cryptocurrencies…
06/11/2019
Business confidence at a 10-year low
Business confidence has fallen to its lowest point in over a decade, according to the latest ICAEW Business Confidence Monitor. The ICAEW's index is registering a negative rating of -20.6…
05/11/2019
Improved accuracy for VAT returns under MTD
Almost a third of company VAT returns are more accurate under Making Tax Digital (MTD), according to Thomson Reuters research. The survey of UK accountants tax professionals found that whilst…
04/11/2019
Committee urges government to fix ‘broken’ business rates system
The government has been urged to overhaul the 'broken' business rates system by the Treasury Select Committee. The Committee said that alternatives are needed to protect struggling high street retailers.…
01/11/2019
OBR to publish financial forecast despite scrapping of Budget
In a letter to the Treasury, the Office for Budget Responsibility (OBR) has stated that it will publish forecasts for the UK's public finances despite the cancellation of the 6…
31/10/2019
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