AccountingWeb has an article in which it is claimed that 95% of accountants may be negligent with regard to tax planning because they do not tell all their clients of all the tax planning schemes that might be available to them.
I think that an absurd suggestion and have said so on that site, saying:
This debate […]
The Times has reported this morning that:
Some of Britain’s biggest listed companies, including several that have threatened to redomicile abroad, paid little or no corporation tax in Britain in 2007.
Research by The Times shows that FTSE-100 companies - Cadbury, Standard Chartered and British American Tobacco, which have a combined market capitalisation of £75 billion, employed […]
It’s a fact that we cannot do without taxes. That’s because we cannot do without government. And we cannot do without markets either, at least in the world as we know it. The relationship is symbiotic: governments provide the structure in which markets can work: markets need government as their insurer of last resort: populations […]
Not my suggestion, I got this one from the TaxProf Blog in the USA:
Google Norway does its best to avoid paying Norwegian taxes, but is this illegal?
The Norwegian newspaper Dagens Næringsliv reports today that Google does its best to avoid paying taxes to the Norwegian government.
Google Norway had an official turnover of NOK 33.6 million […]
I’m on record as saying I think the cut in Capital Gains Tax to 18% is a straightforward disaster. But at least I have done so for reason of principle. I was amused to read the follwoing in The Telegraph this morning:
Furious insurers are demanding urgent talks with the Government after it emerged that they […]
The RMT issued the following press release this morning:
Private rail industry profits from £1.3 billion in unpaid tax
Companies using deferred-tax loophole to fund leap in dividends
THE PRIVATE rail industry is profiteering on £1.3 billion in unpaid tax and is using a deferred-tax loophole intended to encourage investment to fund massive increases in dividend payouts to […]
Accountancy Age reports that Michael Parkinson has dropped out of the totally artificial tax planning schemes organised by UK accountants Vantis.
The schemes involved four companies set up by Vantis in which people invested. The companies were then floated on the Jersey Stock Exchange (which is a farce if ever there was one), after which there […]
