Tax gap remains steady at 5.1%
HM Revenue and Customs data has revealed the estimated tax gap for the 2020-21 tax year is 5.1 per cent – the...
READ MOREOECD consults on global tax rules to stop profit shifting
The OECD is consulting on its global anti-base erosion (GloBE) proposal which is designed to prevent multinationals from profit shifting, by developing rules which would effectively create a minimum tax rate worldwide.
The proposal forms part of the remaining programme of work under the OECD’s Base Erosion and Profit Shifting (BEPS) framework, which is designed to address the tax challenges of the digitalisation of the economy.
Read more at the Accountancy Daily.
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Companies wound up after abusing COVID support
Two connected companies wound up in court after they abused multiple local authorities to receive COVID support loans...
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Late payments expected to increase
UK businesses are less likely than their European peers to make growth a priority according to the annual Intrum...
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