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Why does Amazon’s gigantic tax case win matter to smaller firms?

Amazon has won its fight against an EU judgement forcing it to pay about €250m in back taxes to Luxembourg in a significant blow to competition chief Margrethe Vestager's crusade against ...

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Are US personal tax rises on the way?

Are US personal tax rises on the way?

It would be easy to become confused by the vast swathes of new legislation which have been emanating from the new White House recently. One development which ...

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Budget 2021 - Summary of key tax announcements

The Chancellor of the Exchequer has delivered a budget which contained little in the way of major surprises given that a lot of it had already been trailed in the press.

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Budget 2021

The Budget will be held on Wednesday March 3, 2021.

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The UK's Tax return deadline is fast approaching

The UK’s personal tax Self Assessment return deadline is on 31 January 2021. The return covers the period starting on 6 April 2019 and ending on 5 April 2020. 

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UK Budget Date Announced

For those who might have missed it, the Chancellor, Rishi Sunak has announced that the date for the next UK Budget will be 3 March 2021. The Government had planned to hold a Budget in the Autumn ...

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A UK wealth tax?

The fact that the possibility, however remote, of a Conservative government introducing a one-off wealth tax is being discussed shows just how hard the UK’s economy has been hit by the coronavirus ...

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New Crown preference for tax debts

Despite fierce opposition to the measure, on 1 December 2020, the Crown (for which read HMRC - the UK tax authority), was promoted from ordinary unsecured creditor status to preferential creditor ...

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The Annual Investment Allowance: a one-off opportunity

You can currently deduct the full value of an item that qualifies for annual investment allowance (AIA) from your profits before tax but the value of this relief is due to fall sharply and ...

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Autumn Budget Cancelled

It was announced yesterday evening (23 September 2020) that the Chancellor, Rishi Sunak has cancelled plans for a Budget this Autumn.

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