Tag: Customs

Digital services tax, business rates, employment status and Brexit

Tax Notes published (paywall) the following articles in the week of December 17:

U.K. DST Not Intended to Resolve Business Rates Issue
There is no formal link between a digital services tax and reductions in business rates, members of Parliament were told two days after they asked Amazon UK to disclose its U.K. sales and tax liabilities.

U.K. Business Groups Urge MPs to Prevent Disorderly Brexit
There is not enough time to prevent “severe dislocation and disruption” in a no-deal Brexit, five U.K. business groups said as they urged members of Parliament to prevent a disorderly exit March 29, 2019.

U.K. Steps Up No-Deal Brexit Plans Amid Anger Over Vote Delay
Cabinet ministers decided to step up preparations for a no-deal Brexit, as U.K. Prime Minister Theresa May’s critics denounced her decision to defer a vote on the EU withdrawal agreement until mid-January.

U.K. Tax and Employment Rights Plan Draws Lukewarm Response
Aligning the existing employment status frameworks for tax and employment rights purposes will be difficult if the government continues to rule out changes to national insurance contributions, U.K. tax professionals said.

Juncker Seeks to Lower Temperature After Fraught Brexit Talks
U.K. Prime Minister Theresa May maintained that she is still seeking “further assurances” about the proposed Northern Ireland backstop, after EU-27 leaders reiterated that the Brexit deal is “not open for renegotiation.”

MPs demand assurances on border planning for Brexit

A House of Commons committee has highlighted concerns about the level of Brexit preparedness at the UK border, telling officials it is “alarming that so little planning has been undertaken” for Northern Ireland.

My news story for Tax Notes (paywall), December 7*:
https://www.taxnotes.com/worldwide-tax-daily/customs-duties/uk-lawmakers-demand-assurances-border-planning-brexit/2018/12/07/28nnh

Other Brexit stories published in the week ending December 7:

Brexit advice vindicates opposition to backstop, Unionists say (December 6*)
https://www.taxnotes.com/worldwide-tax-daily/politics-taxation/brexit-advice-vindicates-opposition-backstop-unionists-say/2018/12/06/28nkh

Contempt vote forces publication of Brexit legal advice (December 5)
https://www.taxnotes.com/worldwide-tax-daily/politics-taxation/contempt-vote-forces-publication-brexit-legal-advice/2018/12/05/28nf4

Advocate General’s opinion boosts anti-Brexit campaign (December 5*)
https://www.taxnotes.com/worldwide-tax-daily/litigation-and-appeals/advocate-generals-opinion-boosts-anti-brexit-campaign/2018/12/05/28ndk

*These stories were also published in the December 10 edition of Tax Notes International.

EU is prepared for ‘no Brexit’, Tusk says

The Brexit deal awaiting ratification by UK lawmakers is the only possible deal, but the EU is prepared for the UK to remain a member, European Council President Donald Tusk said.

It is becoming clearer that the deal approved by EU leaders is “the best possible — in fact, the only possible one,” Tusk said November 30 at the G-20 summit in Buenos Aires.

My news story for Worldwide Tax Daily, published by Tax Analysts on November 29 (paywall). This story was also published in the December 10 edition of Tax Notes International: EU Is Prepared for ‘No Brexit,’ Tusk Says

May unmoved by government’s Brexit impact assessment

Prime Minister Theresa May insisted that the UK would be “better off” under her Brexit deal, even after a government analysis suggested that the economy could be 3.9 percent smaller compared with staying in the EU.

A no-deal Brexit could result in a 9.3 percent reduction in GDP after 15 years, according to the analysis published on November 28. May appears to be facing defeat on December 11, when members of Parliament will vote on the deal agreed upon by EU leaders November 25.

My news story for Worldwide Tax Daily, published by Tax Analysts on November 29 (paywall). This story was also published in the December 3 edition of Tax Notes International: May Unmoved by Government’s Brexit Impact Assessment