05 December 2018
News that film-streaming giant Netflix is being investigated by HMRC might be seen as another example of US tech giants being caught out after bending the rules. After all, the critics say, with reported UK revenues of only £23.9 million and profit before tax of £1.1 million, there must be something wrong. To quote the Gershwin song 'It Ain’t Necessarily So'. We delve behind the headlines.
03 December 2018
The new digital services tax (DST) will add compliance duties on the taxpayer, and there is a substantial risk that it will introduce more complexity to the UK tax regime. Discover how businesses may face uncertainty as they struggle to define if their activities fall within the scope of DST.
22 November 2018
David Blacher, partner and national head of TMT at RSM predicts that whilst the short to medium term measures of the Digital Services Tax are targeted at global on-line businesses, the same tax system will, eventually, catch up with most tech companies.
01 November 2018
The Budget contained much of interest for companies operating in the TMT sector. This article is a summary of the main points though, as ever, there are many points of detail that will need to be worked through as more materials become available in the forthcoming days and weeks.
15 October 2018
It’s nearly a year since the last Budget when the Government published a position paper setting out its proposed approach for addressing the challenges posed by the digital economy on the tax system. But where has this got to and why does it matter?
20 July 2018
HMRC has launched another way for the technically minded to access information – by asking Alexa. But is this a helpful addition to HMRC’s information toolkit, or just a gimmick which could end up alienating some of the people who need help the most?
Robert was previously a Head of Tax working in the motor retail sector and regional head of tax for a FTSE 100 business media group.
11 June 2018
Monitoring the impact of tax policy has been limited, but HMRC has recently released statistics demonstrating the impact of EIS and SEIS tax reliefs and the take-up across the UK, which highlights some interesting trends.
23 May 2018
Buoyed by the success of the recent public sector IR35 reforms, HMRC has turned its attention to the private sector with controversial proposals for reforming the tax rules for those working for private sector businesses through intermediaries such as personal service companies (PSCs). Change seems inevitable and businesses should not underestimate the time that would be needed to get ready for the change as and when it comes.
Joanne is a tax partner in the Employer Solutions group which specialises in employment tax and expatriate tax, and advises companies on UK domestic employment tax such as HMRC enquires, benefits and expenses and payroll.