Monthly Archives: February 2016

France Seeking £1.3 Billion Tax from Google vs UK Just £0.13 Billion

French tax authorities are rumoured to be seeking €1.6 billion, about £1.3 billion, from Google in back taxes. Compared to HMRC only getting £130 million. Given the Google business model in both countries is essentially the same, either the French … Continue reading

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SNP Does Well for Scotland on Devolved Tax

The SNP government in Edinburgh has done very well for Scotland in the new block grant and devolved tax powers negotiations with the UK Treasury. In particular the deal protects the Barnet formula, under which Scotland gets extra money to … Continue reading

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Tax, Sovereignty and the EU Referendum Debate

  With the referendum campaign underway on EU membership both sides are using “project fear” tactics to try to scare voters over tax and customs deals. The Remain campaign make dire threats of economic collapse and higher taxes, it seems … Continue reading

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Updated VAT Notice 749: Local Authorities and Similar Bodies

HMRC have this month updated their VAT Notice 749: Local Authorities and Similar Bodies. This replaces the old 2000 edition. Its is not just local authorities, or councils, that have special tax privileges. Similar public bodies also benefit, such as … Continue reading

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European Challenge to Tax Status of Ports

The European Commission considers the Netherlands corporation tax exemption for 6 of its main and publicly owned main seaports as anti-competitive. The ports include Groningen, Amsterdam and Rotterdam. This follows an investigation by the EC and changes to Dutch law. … Continue reading

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Human Rights Query Over Rental Tax

A law firm has written to HMRC challenging new rental tax on individual landlords introduced by the Finance Act 2015. The limiting of tax relief on interest expenses for buy-to-let landlords, but not companies, is being queried on human rights … Continue reading

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