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Majority of SMEs unaware of New Year VAT changes and penalties, according to KPMG

Majority of SMEs unaware of New Year VAT changes and penalties, according to KPMG

From 1 January 2015, VAT rules for sales of telecoms, broadcasting and e-services to EU consumers are changing.
Modified date: 10/11/2014
Press release
United Kingdom
European Court dashes hopes for reduced VAT on E-Books, says KPMG in the UK

European Court dashes hopes for reduced VAT on E-Books, says KPMG in the UK

Mike Camburn, indirect tax partner at KPMG, comments on the judgment from the Court of Justice of the European Union ruling that France and Luxembourg cannot apply a reduced rate of VAT to the supply of electronic books, in contrast with paper books.
Modified date: 05/03/2015
Press release
United Kingdom
Government to see potential rise in revenues of £300 million

Government to see potential rise in revenues of £300 million

New 2015 VAT rules are likely to require larger requirements for data storage, compliance and advisors for the changes to be implemented
Modified date: 03/10/2014
Press release
United Kingdom
ECJ tax judgement adds hundreds of millions of pounds annually to cost of global financial institutions doing business in the UK and EU, says KPMG

ECJ tax judgement adds hundreds of millions of pounds annually to cost of global financial institutions doing business in the UK and EU, says KPMG

A European Court of Justice judgement on VAT grouping rules will cost financial hundreds of millions of pounds annually
Modified date: 13/10/2014
Press release
United Kingdom
Retail sales top out at 2% in 2015, says KPMG/Ipsos Retail Think Tank

Retail sales top out at 2% in 2015, says KPMG/Ipsos Retail Think Tank

Retail sales are predicted to grow by 2% at most in 2015 as consumer confidence remains fragile, warns the KPMG/Ipsos Retail Think Tank.
Modified date: 30/12/2014
Press release
United Kingdom
Slowdown in UK car production is due to annual shutdown, says KPMG

Slowdown in UK car production is due to annual shutdown, says KPMG

John Leech, head of automotive at KPMG UK, comments on the latest SMMT car manufacturing figures.
Modified date: 20/08/2015
Press release
United Kingdom
Latest house price figures emphasise the need for housing reform, says KPMG

Latest house price figures emphasise the need for housing reform, says KPMG

Jan Crosby, Head of Housing at KPMG comments on ONS house price figures published today
Modified date: 18/08/2015
Press release
United Kingdom
School’s out for summer bargains, says KPMG head of retail

School’s out for summer bargains, says KPMG head of retail

KPMG head of retail, David McCorquodale comments on the latest ONS Retail Sales figures for July 2015
Modified date: 20/08/2015
Press release
United Kingdom
Exploration and Production companies must take action now to avoid oil price pressure on deals

Exploration and Production companies must take action now to avoid oil price pressure on deals

Emma Wild, head of upstream advisory at KPMG, comments on how the oil price decline is impacting deals in the Exploration and Production sector, and the options open to companies under pressure
Modified date: 24/08/2015
Press release
United Kingdom
Lateral thinking needed to turn around declining house building figures, says KPMG

Lateral thinking needed to turn around declining house building figures, says KPMG

Jan Crosby, Head of Housing at KPMG, comments on today’s Government house building figures which show that 33,280 homes were started in the three months to June
Modified date: 20/08/2015
Press release
United Kingdom
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