Global technology giant Apple came under fire from the US senate this week, as it was accused of large scale tax avoidance
A little advice and guidance from other people's experiences would be appreciated.
George Osborne is a great believer in tax competition (and “believer” is the word, as the evidence is not there to support him).
The Bank of Ireland lost a first-tier tribunal appeal that will force it to pay £30m corporation tax on a £91m gain.
Tax breaks such as the patent box and a 20% corporation tax rate by 2015 could see the UK challenge Ireland for foreign investment.
The patent box regime was introduced on 1 April, and will enable companies to apply a lower rate of CT on worldwide profits.
One of my IT contractor clients has been out of work for 2 years and decided to close his company.
I am a qualified accountant(member of ACCA) and working for an accounting practice. I prepare accounts and tax return for small business clients as an employee.
In the past, we have usually applied to HMRC for an exemption from having to make CT600 returns for any organisation where Mutual trading clearly applied.