23 Sep 2022
Following today’s Mini-Budget, please find below our summary of noteworthy updates for both businesses and individuals.
15 Jul 2022
Letter to the editor: Next UK prime minister must avoid a 70s-style wage-price spiral
Miles Dean explains that the next UK prime minister should cut individual and corporate taxes sooner rather than later, in the Financial Times.
5 Jul 2022
How can HMRC estimate the overall tax gap at 5.1% but profess no idea about the offshore element?
Tax Investigations Partner, Andrew Park, questions how HMRC can estimate the overall tax gap to one decimal point, without knowing the extent of the offshore element, in IFA Magazine.
30 Jun 2022
Miles Dean comments on Etsy’s UK corporation tax in Tax Journal
Partner and Head of International Tax, Miles Dean, comments on Etsy having paid £128,000 in UK corporation tax in 2020 due to the majority of its sales being booked via an Irish company, in Tax Journal.
6 Jun 2022
Zoe Wyatt comments on the FCA’s approach to regulating cryptoassets in The Telegraph
Partner and Head of Crypto, Zoe Wyatt, comments on the FCA’s approach towards crypto regulation, in The Telegraph.
3 May 2022
Andrew Park interviewed on TalkTV in relation to the Covid Taxpayer Protection Taskforce
Andrew Park, Tax Investigations Partner, was interviewed on TalkTV re his FOI request that revealed the Treasury’s misleading £100m “investment” promise in the Covid Taxpayer Protection Taskforce.
29 Apr 2022
Rishi Sunak’s flagship £100 million Covid anti-fraud unit – Andrew Park
Tax Investigations Partner, Andrew Park, comments on Sunak’s £100 million Covid anti-fraud unit, after it emerged most of its staff were not experts, in The Times.
7 Apr 2022
Crypto specialists cautiously welcome regulation plans – Zoe Wyatt
Partner and Head of Crypto, Zoe Wyatt, comments on Sunak’s announcement that cryptoassets with a value pegged to that of a conventional fiat currency are to ‘be brought within the scope of regulation’.
23 Feb 2022
Director Huw Griffiths explains that UK tax professionals continue to neglect hybrid mismatch rules.
21 Feb 2022
Re-domiciliation Consultation Document
Senior Manager Helen Siqin examines the UK government’s consultation document outlining the possible introduction of a new corporate re-domiciliation regime.
19 Feb 2022
To Treat or not to Treat
National Technical Director, Andrew Parkes, questions when a non-resident is liable to UK tax upon their trade income.
11 Feb 2022
The Other Side of the Coin – Zoe Wyatt
“HMRC’s decision to create a specific Cryptoassets Manual is both timely and welcome. It acknowledges that the direction of travel in crypto, still a relatively nascent field, is currently upward both in terms of volume and complexity.” Partner and Head of Crypto, Zoe Wyatt, analyses the key points from HMRC’s Cryptoassets Manual in STEP Journal.