Don’t spend your tax refund!
The Week in Tax – back to normal after the Government’s decision on TWG report?
International tax pressure is building to create a Digital Services Tax because OECD’s BEPS initiative is growing consensus.
Why you shouldn’t be spending any refund from Inland Revenue that turns up unexpectedly. Unexplained credit balances sometimes are paid to prevent interest payments to Inland Revenue and these are getting refunded!
Expect the report from Welfare Expert Advisory Group soon. They consider the interaction between tax and social assistance.
- Inland Revenue overpayments
- OECD model tax convention
- One article about what’s happening next
- UK estimate of underpaid tax
Next week’s guest is Marjan van den Belt