Weekly tax brief - 9 May 2016

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

What would a world without tax havens look like?

09 May 2016

To coincide with start of the UK Government’s anti-corruption summit in London this week, Oxfam has coordinated a letter from 300 leading economists warning world leaders that there is no economic justification for allowing tax havens. So could the result be a tax haven-free utopia, or is it more a case of ‘be careful what you wish for’?

Digital by default – penalising rural taxpayers

09 May 2016

We know that HMRC is increasingly encouraging taxpayers to process their tax information online, it’s simpler and means you can sort all your tax affairs out without leaving your comfy chair. But now we hear that the government won’t be automatically rolling out broadband to parts of the UK that haven’t already got broadband services. So could this lead to taxpayers – and in particular taxpayers in rural areas – being penalised by the taxman?