Tax Matters Digest

Tax Matters Digest

Read KPMG's weekly newsletter which covers the latest issues in taxation and government announcements relating to tax matters.

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Latest Updates

Finance Bill 2017

Finance (No. 2) Bill 2016-17 was published on 20 March.

Finance Bill 2017 – other measures

Some other items of note from Finance Bill 2017.

Tax consultations update

New consultations, draft legislation and calls for evidence have been released, along with consultation responses.

Consultation - penalties for Making Tax Digital

HMRC have issued a further consultation document on penalties for late submission and late payment in connection with Making Tax Digital.

Consultation - Non-resident companies chargeable to income tax and NRCGT

The proposals are intended to ensure equal treatment between resident and non-resident companies on property income and NRCGT gains.

Consultation - WHT exemption for debt traded on a Multilateral Trading Facility

The Government is proposing an exemption from WHT for UK source interest on debt traded on an MTF.

Consultation - Oil & Gas: Tax issues for late life assets

A discussion paper on the tax treatment of late-life oil and gas assets has been published.

Hybrid and other mismatch rules – example of payments to hybrid entities

Article seven in our series on the new hybrid rules looks at examples of payments to hybrid entities located in ‘tax havens’.

VAT: Adecco - Upper Tribunal decision

The UT has found that Adecco must account for VAT on the full value of the consideration it receives.

Week in Tax

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.

Other news in brief

A round up of other news this week.

Personal Perspectives – February 2017

Personal Perspectives – February 2017

Tax Matters Digest archive

Tax Matters Digest archive

View previous editions of Tax Matters Digest.

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