ACCA

Archives for Taxation

Time for Tobin?

On 25th March, the European Parliament’s Financial, Economic and Social Crisis (ECON) Committee met to discuss the feasibility of an EU-wide financial transaction tax (FTT), two weeks after MEPs voted 536-80 in favour of such a measure. Today, in the aftermath of the banking crisis and the anger it has caused, such a levy has… » read more

Posted by cecilebonino

Access to finance for SMEs during the economic recovery is a very relevant issue as we start to move tentatively out of the recession. The prediction of reduced credit will affect the availability of finance for SMEs. This is a critical issue for the recovery of European economies. The issue about access to finance was… » read more

Posted by cecilebonino

We can only welcome the G20 leaders proposal to improve coordination between national authorities as a key aspect of restoring confidence in global financial regulation. The question is however now if there is a need for similar action in the field of taxation. It is hence crucial to determine if, under current global economic conditions,… » read more

Posted by cecilebonino

In a new disclosure regime for offshore account holders called a New Disclosure Opportunity (NDO), HM Revenue & Customs (HMRC) claims this is “a simple and straightforward scheme”, aimed at those with offshore accounts that hold untaxed income. This is a great opportunity for offshore account holders, who should definitely take advantage of the benefits… » read more

Posted by cecilebonino