Weekly tax brief - 30 March 2016

In this edition of RSM’s weekly round-up of the most important tax news, we cover the latest developments…


Will multinationals country by country tax reporting soon be made public

30 March 2016

It’s beginning to look as though making public the country-by-country reporting of multinational corporations might be an easy win for those concerned with restoring the credentials of tax systems worldwide.

Devolution of taxes leads to baffling complexity

30 March 2016

The publication of the Finance Bill reminds us that we will need to cater for multiple tax rates and allowances structures to allow for Scottish, and potentially Welsh, rates of tax too.

FCO is part of government tax judge confirms

30 March 2016

The tax and National Insurance treatment of diplomats and government employees posted abroad is a difficult and complex topic.

Ruling leaves search and rescue pilots with soaring tax bills

30 March 2016

Why a recent spat with the taxman over accommodation has left a rescue helicopter team on Stornoway with spiralling tax costs…

Last call for pre year end tax planning

30 March 2016

With 5th April less than a week away, it’s time to get your skates on if you want to take advantage of year-end tax planning. But before you do, read our advice on the best ways to save yourself some hard-earned cash.

Investors face greater uncertainty as tax avoidance clampdown takes hold

30 March 2016

The OECD’s recent crackdown on tax avoidance by multinationals will inevitably hit corporate earnings, so is it time that investors started to modify their expectations?

Cash continues to be king

30 March 2016

Last year HMRC issued a call for evidence as to whether cash continued to facilitate tax evasion and money laundering. The results have just been published, and it seems you might not want to throw out what’s under your mattress just yet…