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VAT turns 40 - 10 things you didn’t know about VAT as it reaches the big 4-0 on April 1st

VAT turns 40 - 10 things you didn’t know about VAT as it reaches the big 4-0 on April 1st

Ahead of the VAT system’s 40th birthday on 1st April, Gary Harley, head of indirect tax at KPMG in the UK, said:
Modified date: 29/11/2013
Press release
United Kingdom
Government to see potential annual rise in revenues of £300 million following European VAT rule changes, but SME’s and consumers set to lose out says KPMG

Government to see potential annual rise in revenues of £300 million following European VAT rule changes, but SME’s and consumers set to lose out says KPMG

New VAT rules taking effect from the beginning of 2015, but which companies are having to prepare for now, are likely to require larger requirements for data storage, compliance and advisors in order to implement the changes set by the EU.
Modified date: 24/06/2014
Press release
United Kingdom
Businesses owed Italian VAT rebates in for €1 billion Euro repayments, says KPMG

Businesses owed Italian VAT rebates in for €1 billion Euro repayments, says KPMG

The Italian Government has set aside €1bn for VAT repayments to large businesses in response to EC infraction proceedings for its failure to repay VAT rebates due within reasonable time limits imposed by European law
Modified date: 10/02/2014
Press release
United Kingdom
KPMG global tax rate survey reveals rise in average worldwide indirect tax rates and slight decline in average corporate tax rates

KPMG global tax rate survey reveals rise in average worldwide indirect tax rates and slight decline in average corporate tax rates

The average global indirect tax rate average increased by 0.17 percent to 15.50 percent during 2012,
Modified date: 15/01/2013
Press release
United Kingdom
Leading employers join forces to tackle mental health problems in the City of London

Leading employers join forces to tackle mental health problems in the City of London

The City Mental Health Alliance (CMHA), launched today, is a coalition of City-based employers with the aim of breaking down the stigma attached to mental health and creating a culture where mental wellbeing is nurtured as part of good business practice.
Modified date: 28/10/2013
Press release
United Kingdom
We must invest in infrastructure if we are to maintain our standard of living, says industry expert

We must invest in infrastructure if we are to maintain our standard of living, says industry expert

Richard Threlfall, KPMG UK Head of Infrastructure, Building and Construction, responds to the ICE’s State of the Nation report
Modified date: 26/06/2014
Press release
United Kingdom
Roaming fee reduction brings opportunities and risks to telco industry, says KPMG

Roaming fee reduction brings opportunities and risks to telco industry, says KPMG

KPMG’s Sean Kennedy responds to news that charges have been halved for surfing the internet, or making and receiving calls, whilst roaming in the EU
Modified date: 02/07/2014
Press release
United Kingdom
Households below average income report highlights the need for Living Wage, says KPMG

Households below average income report highlights the need for Living Wage, says KPMG

Mike Kelly, director and Head of Living Wage at KPMG, reacts to the Department for Work and Pensions’ Households Below Average Income (HBAI) report
Modified date: 02/07/2014
Press release
United Kingdom
Brian Leighton (Garages) Limited in Administration

Brian Leighton (Garages) Limited in Administration

Howard Smith and Jonny Marston of KPMG were appointed Joint Administrators of Brian Leighton (Garages) Limited (the ‘Company’) on 25 June 2014.
Modified date: 04/07/2014
Press release
United Kingdom
Employee owned businesses still need a clear direction, says KPMG

Employee owned businesses still need a clear direction, says KPMG

KPMG's David Fairs comments on the ‘Employee Ownership Day’ and the news that start-up companies are behind a rise in the number of organisations adopting ‘employee ownership’ business models.
Modified date: 04/07/2014
Press release
United Kingdom
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