Oil and gas industry bodies have been strongly against the tax, arguing it has made investment in the sector less attractive. In 2024, when the levy was increased from 35% to 38%, 42 companies wrote to the government to express their “grave concern” over the changes. The decision not to change the levy in the
What Should I Look For in Tax Software? When shopping for a new tax software, it’s important to prioritize accuracy, ease of use and security, along with price and the overall alignment of the software and its features with your needs. Accuracy Admittedly, it can be difficult to assess the accuracy of a tax software
As part of good governance, companies will seek to minimise their tax liability through “tax planning”, making the most of the tools and mechanisms which the government makes available to them specifically for this purpose: allowances, deductions, rebates, exemptions, and so on. Tax planning is tax compliant behaviour but there is a grey area between this and “tax