The government is strongly recommending that small and medium-sized enterprises (SMEs) make use of a £2,500 voucher to help with installing high-speed broadband and increase rural communities' access to the internet
Research by tax specialist Catax indicates that one quarter of businesses are unaware that they are eligible to claim tax relief under the Patent Box scheme, which provides corporation tax relief to innovators
The Treasury is going ahead with plans for a 2% tax on large online multinationals from 2020, including social media and search engine companies, to raise over £600m by 2022
Following a consultation on addressing tax compliance for those who use online platforms for selling, HMRC is to enhance its guidance and is working with international agencies to improve data collection from platforms hosted overseas
Making Tax Digital (MTD) should be seen as a chance for accountants to forge stronger links with clients, argues Nick Williams, head of UK accountants for Intuit QuickBooks
Chris Denning, head of international and corporate taxation at MHA MacIntyre Hudson, suggests that the US might retaliate against the UK’s digital services tax introduced in the Autumn Budget
The Chancellor’s plans to introduce a 2% digital services tax on large digital platforms, announced in the Budget, have come under fire in the US, with a strongly worded letter from the Chamber of Commerce to the US Treasury demanding the White House takes action to counter a ‘dangerous precedent’
A tax on large digital companies that operate within the UK or provide services to customers, including social media and online marketplaces, has been announced by the Chancellor, who denied that it would be a ‘digital sales tax’
The Treasury and HMRC are to plough £8m into a package of measures to support the customs intermediaries sector in preparing for potential capacity challenges with staff training and automation in the event of a ‘no deal’ Brexit next year
HMRC is focusing IT efforts on developing the Customs Declaration Service, Brexit transition and replacing the obsolete Government Gateway over the next two years, while the API development programme is at the heart of the rollout of Making Tax Digital. Sara White reports on HMRC's IT vision
HMRC has the technology to roll out Making Tax Digital faster, as with pre-approved invoicing in Italy and Spain, but is treading carefully, says Richard Asquith, vice president of global tax compliance at Avalara
The pilot is intended to allow up to 500,000 businesses to get fully involved with Making Tax Digital (MTD) for VAT and test it in full ahead of the April 2019 introduction of the system
Stan Dencher, specialist tax writer at Croner-i examines some practical examples of how Making Tax Digital for VAT will change the way companies submit their quarterly VAT numbers via digital reporting from 1 April 2019
US software developer Avalara is set to disrupt the market with the launch of a free Excel extension for Making Tax Digital for VAT which will allow companies to upload Excel data directly into HMRC's VAT filing API using a Microsoft Add-In, reports Sara White
Claims for research and development (R&D) tax relief have soared in recent years, reaching £3.7bn in 2015-16, an increase of 25% from the previous year, while so far £3.5bn has been claimed for 2016-17, according to the latest statistics from HMRC
