News Archive

UK's IR35 Reforms Delayed For One Year

The UK Government has announced that the expansion of the off-payroll working rules, known as IR35, will be delayed until April 2021, in light of the COVID-19 outbreak

EU To Soon Launch Tax And Trade Talks With UK

The European Commission has taken the first step toward negotiating a new relationship with the UK by issuing a recommendation to the European Council that the talks should commence.

Will the Bank of England still cut interest rates?

The latest PMI data on manufacturing and services output in the UK indicates that the economy rose at a quarterly rate of 0.2% in January.

UK Reports On Adoption Of EU's DAC6 Tax Scheme Reporting Rules

On January 8, 2020, the UK Government released a policy paper setting out how the UK will temporarily adopt the "DAC 6" EU disclosure requirements on intermediaries that design or sell potentially harmful tax schemes.

UK Gov't To Pursue Brexit, Digital Services Tax After Election Win

The Conservative Party in the UK has won an outright majority in elections held on December 12, 2019

UK Prime Minister Cancels Corporate Tax Cut

UK Prime Minister Boris Johnson has announced that his party intends to cancel a planned cut to the corporate tax rate, which was scheduled for April 2020.

Pottering around: Trading and Entrepreneurs’ Relief

Does a break in activity mean a trade has ceased? BKL's David Whiscombe looks at the recent Potter case involving Entrepreneurs' Relief.

Tax Agencies Meet To Discuss Use Of Big Data Analysis

Tax agencies from 31 countries discussed the ways they are using data analysis tools to improve tax enforcement and administration, at the first meeting of the IOTA Forum on Tax Debt Management, held in Prague, Czech Republic, On October 1-3, 2019.

UK To Proceed With Plans For Plastics Tax

The UK Government has confirmed that it will proceed with its plans to introduce a plastics packaging tax.

Is there really a market for Open Banking?

Open Banking or PSD2 will enable third parties outside the traditional banking world to access customer data

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