Sign up for Tax Matters Digest alerts every Monday, keeping you up to date with the latest developments in tax and how your business will be affected.
In the second of a series of articles, we look at the UK’s new hybrid rules in the context of an election to disregard a UK subsidiary for US tax purposes
HMRC’s estimate of the cost to business of MTD has come under considerable scrutiny of late.
This article focusses on the new exchange of information rules and newly published HMRC guidance.
This decision considers further the application of the unallowable purposes rule.
The taxpayer was successful in this case concerning the availability of exchange losses following a change in functional currency.
The Government has set out details of how it proposes the Pensions Advice Allowance will work.
The taxpayer has won its appeal in part in this case concerning the VAT treatment of business promotion schemes involving vouchers.
The proposals aim to simplify and modernise the VAT rules on e-commerce between now and 2021.
Every week, KPMG member firms around the world publish updates on developments in their country. Week in Tax highlights a selection that may be of interest to our readers.