Tax & Accounting

The last Budget introduced some of the biggest changes to company car taxation in over a decade, says John Lewis, director general of the British Vehicle Rental and Leasing Association.

This year's Association of International Accountants (AIA) annual founders' lecture discussed what should be done with corporation tax. Richard Murphy, the international tax activist and SME advisor, gave the keynote speech advocating that companies should pay tax but that the UK system needed scrapping. Making it simpler for smaller businesses and stopping the big boys from playing the tax shell game.

There are concerns over the new capital allowance tax rules on parts of the plant and machinery interpretations. Rebecca Bennyworth looks at what accountants might have to deal with in larger firms down to AIA issues for smaller businesses.

In this opinion piece, tax activist, accountant and SME consultant, Richard Murphy, calls on government to get rid of abbreviated accounts filing. In this credit crunch he argues it could do more than generate confidence among companies.

While the Demibourne case was a landmark tax case in judging who could be classified as self-employed, there have been more recent developments. Nichola Ross Martin advises how companies should assess employees and the new employment guidance from HMRC.

The British government has been told that its rules on companies' cross border tax relief should be dropped.

Redundancy is a word that's likely to make a come-back, but pain can mitigated by knowing the tax system. Should you be a managing director, own your own business or be party to the directors' night of the long knives in which you find your own fate wrapped up with the doomed, when can you get tax-free payments? Nichola Ross Martin examines how the accountants can help the corporate finance department.