Barnard Castle Phone: 01833 630400 Shotley Bridge Phone: 01207 507000

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Global tax news, continuously updated through the day.
  1. On July 6, 2018, the UK Government issued draft legislation that would transpose new EU value-added tax rules on vouchers into UK law, along with an explanatory memorandum of the changes.
  2. G7 countries are committed to working towards a consensus-based solution to the tax challenges of the digital economy, according to the final communique issued at the conclusion of the G7's summit in Charlevoix, Canada.
  3. Aspects of the tax reform legislation in the United States continue to provide an incentive for companies to shift profits offshore by providing more favorable tax treatment to foreign income than domestic profits, the Institute on Taxation and Economic Policy has said.
  4. The UK tax agency, HM Revenue and Customs, has disclosed that just three online marketplaces have so far signed up to its voluntary agreement on supporting VAT compliance: Amazon, eBay, and Fruugo.
  5. On May 18, 2018, the UK Government launched a consultation on enhancing rules surrounding "off-payroll" working (the IR35 rules), to ensure that contractors who work through their own company pay the right tax.
  6. In a new report, the Institute of Economic Affairs in the UK has argued against the need for the UK to introduce a so-called "robot tax," on profits from automation.
  7. The Chartered Institute of Taxation has criticized a new UK government proposal to extend significantly the tax assessment time limits in cases involving offshore tax matters.
  8. The Swiss Federal Tax Administration has confirmed that it has transmitted its first spontaneous information reports on advance tax rulings to exchange of information partner states.

Newsflash

2014 Teesdale Business Awards

Butler and Gee were once again proud to sponsor and support the Teesdale Business awards held in February 2015. The awards are a fantastic way to recognise the success of local entrepreneurs in various different fields and sectors. The ceremony...

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Our Offices

  •  

    7 Newgate
    Barnard Castle
    County Durham
    DL12 8NQ

  • Shotley Bridge Office

     

    7 Front Street
    Shotley Bridge
    Consett
    County Durham
    DH8 0HH 

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