21 January 2019
HMRC have issued new guidance on delegated authority claims handling by lawyers. Ian Carpenter (RSM’s head of indirect tax) discusses the new guidance and what it means for law firms and the potential VAT costs.
20 December 2018
If you let out a property are you running a business or managing an investment? This matters for one very important reason: tax.
Sheena is a partner is RSM’s corporate tax team and has over 20 years’ experience in advising companies on their tax affairs. Her work encompasses all aspects of managing the tax life cycle of companies, from due diligence and tax efficient structuring on acquisition, managing the tax filing obligations and ongoing tax advice all the way through to divestment preparation and readiness.
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.
30 October 2018
Fiscal Phil has announced the Government’s last Budget before Brexit, assuming it happens, but what does it mean for the Consumer Markets sector?
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?
28 September 2018
2018 has seen several high-profile businesses being rescued or left to fail; others are seeking to review their portfolios, funding position or to rationalise their structures; even previously “untouchable” businesses such as John Lewis are feeling the effects of an increasingly tough trading environment.