There are greater expectations on today's tax function to provide a strategic direction to the business and to collaborate across the wider organisation. Stakeholders are demanding 'no surprises' from transparent strategies, given increased scrutiny of tax matters from the tax authorities and media.
'New' UK GAAP
The UK Accounting Council has developed three new Financial Reporting Standards (FRSs) - FRS 100, 101, and 102 - to replace existing UK GAAP (other than the FRSSE) and introduce a reduced disclosure framework for certain IFRS preparers.
R&D and Patent Box
The UK Government has expressed its commitment to making the UK a competitive place to do business. From Enterprise Zones to R&D Expenditure credit (RDEC) and Patent Box, there is a reason for just about every company to base their operations in the UK.
With indirect tax becoming many governments preferred method of revenue raising it’s more critical than ever to manage compliance and cash flows. Deloitte’s indirect tax experts understands the nuances of regulations, the importance of industry knowledge and the growing role of technology.
European Tax Survey 2014: rising to the challenge
In order to understand the impact of economic and financial trends and the potential impact of change on the tax department of today, as viewed by tax professionals across Europe, Deloitte has undertaken its second annual European Tax Survey.
Deloitte delivers deep knowledge of tax and statutory requirements as well as a breadth of experience applying them in practice worldwide.