- Tax planning is back on FDs' agendas
financial_director MANY FINANCE directors, myself included, rarely put the topic of taxation at the top of their list. However, with George Osborne’s “unashamedly pro-business” Budget, the Barclays disallowed tax scheme debacle, and th…
Published - 25 days ago, 26 Apr 12, 10:10am
- Tax planning is back on FDs' agendas
financial_director MANY FINANCE directors, myself included, rarely put the topic of taxation at the top of their list. However, with George Osborne’s “unashamedly pro-business” Budget, the Barclays disallowed tax scheme debacle, and th…
Published - 25 days ago, 26 Apr 12, 10:10am
- The VAT trap
financial_director THERE IS A SHIFT occurring. It has been happening slowly and for some time. It is, of course, the use of indirect taxation and, specifically, value added tax (VAT) and goods and services tax (GST) as a way of bumping up th…
Published - 26 days ago, 25 Apr 12, 3:30pm
- A Budget for business
financial_director ON THE face of it multi-national businesses got everything the could have hoped for when chancellor George Osborne delivered his Budget statement to the House of Commons on 21 March. For some the Budget was driven more by…
Published - 55 days ago, 26 Mar 12, 4:42pm
- Tobin tax to be in place by year end
financial_director A EUROPEAN financial transaction tax is set to be in place by the end of the year despite British opposition, French minister for European affairs Jean Leonetti said on Wednesday in a television interview. In a clear indic…
Published - 5 Jan 12, 11:07am
- PwC: VAT hike added 1% to level of prices in 2011
financial_director ONE YEAR on from the government's decision to increase VAT to 20%, PWC has said that the rise added around 1% to the level of prices in 2011 which compounded the tough squeeze on consumers from rising energy and food price…
Published - 4 Jan 12, 10:15am
- UK's link to offshore financial centres is positive
financial_director AS THE WORLD has sought to understand the cause of the global financial crisis, international financial centres have naturally found themselves under fire. Taking much of the flak have been the smaller centres, whose offsh…
Published - 16 Nov 11, 10:54am
- Missing the point on tax
financial_director IT IS TIME to challenge the view that multinationals wish to desert the UK's shores and hoard significant profits in brass plate operations overseas. Multinationals are just that – multinational. Decisions around where b…
Published - 4 Oct 11, 2:16pm
- A threat to competitiveness
financial_director THE CALL from the German chancellor Angela Merkel and French president Nicolas Sarkozy to revive proposals for a European Financial Transactions Tax (FTT) is misguided, not only because it is unlikely to work, but because…
Published - 25 Aug 11, 11:15am
- Financial challenges for exporters
financial_director GLOBALISATION has brought overseas expansion within the grasp of more and more businesses and how best to take advantage of the opportunities is moving up the boardroom agenda. This change in direction will undoubtedly be…
Published - 16 Aug 11, 9:50am
- Tobin tax leaves a bad taste
financial_director IN ITS BUDGET proposal for the period 2014-2020, the European Commission (EC) has included a levy on financial transactions, more commonly known as a Tobin tax. The text, which was presented by the president José Manuel B…
Published - 27 Jul 11, 9:36am
- The boardroom tax gap
financial_director UNTIL RECENTLY many tax directors did not register highly on the radar of their boards. In fact, the tax function was somewhat far removed from the business, often reporting into a financial controller rather than directly…
Published - 12 Jul 11, 9:04am
- WPP redomiciling: Where is the quid pro quo?
financial_director The companies that left the UK for more tax-friendly climes seem to have been seduced by the Budget. Relaxed controlled foreign companies legislation and a lowering of the corporation tax rate saw WPP, UBM and Shire hint t…
Published - 1 Apr 11, 2:05pm
- The Budget 2011 – a plan for growth, or a hope for growth?
financial_director "This is... a Budget that encourages enterprise; that supports exports, manufacturing and investment." So said chancellor George Osborne in yesterday's speech. Whether it transpires to be the "Budget for growth" he hopes f…
Published - 24 Mar 11, 3:13pm