BLOGS FROM OUR EXPERTS

Finance Act 2019 introduces a new capital allowance pool for qualifying expenditure on structures and buildings. Companies will be able to claim a writing down allowance at 2% of qualifying expenditure on a straight line basis.

IFRS 16 came into force for periods beginning on or after 1 January 2019 but how does it affect your tax computations?

Data collection has the power to improve tax processing but where are you on the road to automation? Jane Malkin looks at the options.

For those who manually enter data and rely upon spreadsheets, the transition to comply with Making Tax Digital can seem like a daunting prospect. But it’s far easier than you might think to take those first steps towards automation and real-time reporting.

What are the implications of the MTD deferral period announced by HMRC? We consider what this means for those seeking to become compliant.

How will the Budget and Finance Bill affect you? Rob Ogilvie provides an overview.

Find out about the Carried Forward Loss Restriction (CFLR).

Andy Mills considers the areas where tax professionals now need to focus on as we move into the era of automation.

What next for MTD? Rob Ogilvie looks at the preparations being made by HMRC and regtech providers in the digital transformation of tax.

How could Brexit affect indirect, direct and customs and excise taxes? Jane Malkin looks at the repercussions.

Digital service taxation is an area long recognised as ripe for reform. EU leaders have been demanding an “effective and fair taxation” system to ensure a “global level playing field” since last year. 

Discover how Alphatax can assist you in meeting the compliance requirements of the Corporate Interest Restriction (CIR) legislation.

The burden of tax is placing the CFO under pressure to transform the tax function. Using the latest findings from our customer survey, we provide a snapshot of how businesses are responding to changes in tax legislation and chart the financial benefits experienced by those bringing tax in-house.

What are the key business challenges driving the adoption of automation? What kind of benefits can you expect from automating the tax process? We take a look at what automation can do for your business.

Automation isn’t just about technology, it’s about process too. Truly effective automation needs to provide an end-to-end process from data aggregation and analysis to meeting compliance requirements and reporting. But it should also seek to empower the tax professional. We take an in depth look at the process.