Technology

Tax / Microsoft IT head hired to lead HMRC’s digital transformation

A year-long recruitment process has resulted in HMRC appointing Jacky Wright, Microsoft’s corporate vice president, as chief digital and information officer to oversee the tax authority’s digital transformation, taking over from interim Mike Potter

Tax / Roy-Chowdhury: end of fossil fuel taxes will dent Exchequeur

Public finances must adapt to a future without fossil fuel cars but the Treasury will find it hard to take the  loss when the cash cow of £28bn in annual fossil fuel taxes dries up, warns Chas Roy-Chowdhury, head of taxation at ACCA

Tax / High speed broadband pilots planned for six UK regions

High speed broadband is to be piloted in six different regions of the UK using full fibre networks offering connection speeds of 1,000 megabits per second in a bid to improve the quality of broadband coverage across the country

Tax / Changes to tax code reporting creates bonus risks, warns ICAEW

Employees who receive one-off or irregular payments should check their personal tax accounts and check whether they need to change their tax code numbers as the current system will treat them as recurring

Tax / Could Facebook updates determine your grandchildren’s tax status?

As HMRC ramps up its use of the Connect data analytics tool to search social media for potential earnings anomalies, the tax courts may be one step ahead if the outcome of a non-dom residency case when it probed the reasons for a party held in the early 1960s when determining tax residency, says Andrew Hubbard, consultant, RSM

Tax / Taxpayers unhappy with HMRC's automated telephone helplines

Taxpayers have expressed dissatisfaction when using HMRC’s Intelligent Telephony Automation (ITA) on customer helplines with the majority attempting to avoid the system to talk directly to an adviser, according to HMRC research

Tax / Croydon regional hub for HMRC set to open this summer

HMRC has confirmed that it will move staff into its first regional hub in Croydon in south London this summer and plans to open the remaining 12 regional centres by 2022, although some staff will be based in six transitional centres until the final relocations are complete by 2026, reports Sara White

Tax / Treasury responds to pressure over UK broadband speed

Despite newly announced initiatives by the Treasury designed to encourage faster broadband connectivity – the technology which is essential for the operation of HMRC’s flagship Making Tax Digital initiative – independent research shows a strong urban/rural divide in speed of access

Tax / Cyber attack spread from Ukrainian tax software

A Ukrainian tax software company has denied that it was hacked and used to kick-start yesterday’s global cyber-attack

Tax / US perspective: Bitcoin reporting and the taxman

Even though Bitcoin has been present as a cryptocurrency for almost 10 years, there are still few Internal Revenue Service (IRS) regulations on the digital payment system. Mike DeBlis, partner at DeBlis Law explains the implications around reporting Bitcoin for Foreign Bank Account Report (FBAR) purposes

Tax / Deloitte alliance with Thomson Reuters integrates tax compliance software

Deloitte Tax LLP has signed an agreement with Thomson Reuters to combine its global tax technology and intelligence software with Deloitte’s direct and indirect tax services to help companies address increasingly complex regulatory and tax compliance issues for companies operating across multiple jurisdictions

Tax / HMRC withdraws Electronic Data Interchange

HMRC is withdrawing its Electronic Data Interchange (EDI) channel and replacing it with an existing XML service, by April 2018, as part of its plans to align its PAYE services

Tax / Warning on DVLA car tax scam

Driver & Vehicle Licensing Agency (DVLA) is warning about a tax scam which targets drivers using a fake email, supposedly sent by DVLA, including a reference to report phishing as part of the hoax

Tax / MoJ calls for taxpayers to test online tax tribunal appeal service

The Ministry of Justice is in the final stages of the prelaunch trials for the online tax tribunals appeal service and is looking for taxpayers to test the system before the launch

Tax / Accountex 2017: exhibitor highlights and what's new

On 10-11 May, Accountex – the UK’s biggest accountancy exhibition returns to London ExCeL. Here’s a first look at what’s new from some of the exhibitors for 2017, to help you plan for your visit and focus on the major software innovations for accountants and tax advisers:
Subscribe