Tax voice - July 2018

Welcome to July's edition of tax voice, a monthly round-up of the most important tax news.

Are the stars beginning to align for CCCTB?

20 July 2018

Under the current international corporate tax system, groups operating in multiple locations are required to deal with the corporate tax rules of each jurisdiction separately.

HMRC enquire about tax strategy and SAO

20 July 2018

HMRC has recently been sending letters to mid-sized businesses to advise them of their obligations with respect to the publication of their tax strategy and senior accounting officer (SAO) requirements, based upon information stated to have been taken from the most recent corporate tax return submitted.

Untangling savings rules could improve investments

20 July 2018

The Office of Tax Simplification (OTS) has published its review on how savings and investment income is currently taxed, outlining that the rules as they exist are overly complex and difficult to interpret, which can lead to confusion and taxpayers making flawed investment decisions.