Weekly tax brief - 14 June 2016

What are the chances of a global tax system for business?

14 June 2016

We’re beginning to hear calls for the development of a global tax policy for the taxation of corporate profits. Will they succeed?

Embittered separation is no excuse for a late return

14 June 2016

Submitting your tax return on time and accurately is key to avoiding penalties from HMRC, but what if your soon-to-be ex-husband and business partner withholds crucial information which makes it impossible to complete accurately?

Referendum delays key tax transparency measure

14 June 2016

Clamping down on tax avoidance and increasing transparency is high on the Government’s agenda, but we may have to wait longer than expected for the next phase of changes as Brexit stalls activity - creating more uncertainty for UK businesses.

To avoid a crash, HMRC's digital journey may take longer than expected

14 June 2016

We’ve talked a lot about the role of technology in the tax system in recent editions of this bulletin, prompted of course by HMRC’s digital agenda.

Slip up on tax but where's the safety net?

14 June 2016

It is well known that the legal profession provides a safety net for people who critically need legal advice but can’t afford to pay for it. Less well known is that a similar facility exists for vulnerable people who need tax advice. It is provided by two charities and demand for their valuable work is rising.