Google (or, at least, one of its avatars) is to pay £130m in tax to the UK, apparently after discussions and an agreement with HMRC. Not enough, they all cry. And what about Amazon, Microsoft and everyone else who trades online and internationally?
Simon Sweetman's Blog
Simon Sweetman was an inspector of taxes for 18 years. He left the Inland Revenue in 1989 to join Chartered Accountants Scrutton Goodchild & Sanderson, later part of Scrutton Bland, where he was successively a senior manager and later a partner. He has been an independent consultant since 2001. He is a former member of the tax policy unit of the Federation of Small Businesses and the small business working group of the Chartered Institute of Taxation.
This is the week, first of all, that I get to feel old and out of touch (again). Does the death of David Bowie mean a great deal to me? No.
Morsels of information in the Autumn Statement report indicate that by 2020 individual taxpayers will be expected to report and pay their liabilities every quarter via their new digital tax accounts, says Simon Sweetman.
Outrage upon outrage! Not content with all his other sins against humanity, The Chancellor is changing the law to make cricketers’ benefits chargeable to income tax. It would never have happened in the old days, we cry, when respectable politicians were members of MCC.
All of course is right with the British economy.
So, it is reported, accountants don’t like “relationships” in the office and there ought to be a “work relationship policy” in place.
What exactly do we spend our taxes on?
“Not welfare” has been the cry (until working people on tax credits realise this means them and nobody likes to mention that the bill includes pensions)
There are times when you wonder whether complications are introduced to tax out of sheer bloody-mindedness when a simpler and more equitable solution might be available.
HMRC’s survey (referred to by Rebecca Cave recently) shows them still worrying away at the relationship which they have with agents and which agents have with the
There has been discussion of late on the ideal structure for a tax system, but it seems to me that this cannot be discussed in purely technical terms.