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G7 announces global tax agreement

AVASK Marketing Accounting News, Business News, Tax News

The G7’s finance ministers have announced a historic international agreement on global tax reform. Following years of discussions, finance ministers agreed to reforms, which they say will see multinationals pay their fair share of tax in the countries in which they do business. The ministers also agreed to the principle …

accounting-news

Making the most of R&D

AVASK Marketing Accounting News, English, Tax News

UK companies spent over £25 billion on Research and Development (R&D) during 2018, and HMRC’s statistics show that the volume of R&D relief claimed by small and medium sized companies (SMEs) is increasing. However, many eligible SMEs are still not claiming the relief. This is often due to a lack …

accounting-news

Accounting bodies join launch of green finance charter

AVASK Marketing Accounting News, Business News

The government and the Green Finance Institute have been joined by 12 leading financial professional bodies in launching the first Green Finance Education Charter. The charter is designed to embed green finance and sustainability into the core curricula, create new qualifications and support the continued professional development of accountants. Under …

News and information from AVASK about HM Treasury, London, UK

VAT cut on PPE extended

AVASK Marketing Accounting News, Business News, Tax News, VAT News

The Treasury has extended the temporary scrapping of VAT on personal protective equipment (PPE) until the end of October. The decision comes after a temporary zero-rate of VAT was applied to PPE sales for an initial three months from 1 May to 31 July. The government previously removed import duties …