CEO Blog

The VAT blog maintained by Accordance CEO, Nicholas Hallam.

Accountancy Age | 5 ways business models can affect VAT liability

Being aware of VAT obligations – and how a business model may affect them – will enable business owners to make informed decisions and minimise tax risks when determining the business structure that they adopt.

Accordance have written for Accountancy Age, examining the importance of being able to justify your business’ desired operational framework from a compliance perspective.  In the current political and regulatory environment, being able to substantiate and justify the commercial and economic realities of your business structure and minimise tax authority challenges is key.

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Accountancy Age | The VAT agenda in the European Union

Following the release of the EU’s White Paper on the Future of Europe, Nicholas Hallam has written for Accountancy Age about the Commission’s VAT agenda.

He notes that while ever closer union is, as it has always been, top of the agenda for the EU Commission, there is a shift towards an openness to alternatives in the report – brought about by Brexit and the uncertainty of election outcomes across Europe.

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Financial Director | Tax after Trump

Ahead of Trump’s inauguration, Accordance’s CEO, Nicholas Hallam, has written for Financial Director exploring the 45th USA President’s approach to VAT and international tax policy.

Historically, VAT has been a controversial subject in American politics and Trump argues against the supposed ‘unfairness’ of the indirect tax.

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Accountancy Live: European VAT landscape struggles to modernise

Nicholas Hallam has written for Accountancy Live, about the EU Commission’s plans for VAT harmonisation.

Restricting indirect tax fraud is the current main driver for the spate of proposals centering around VAT recently (the latest being a follow up to the EU’s VAT Action Plan, published last spring), and ever closer harmonisation continues to be the direction of travel in order to achieve their goals.

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Accountancy Live: VAT crucial to EU aim of tax harmonisation

Nicholas Hallam writes for Accountancy Live this month, about how the EU Commission is stepping up it’s involvement in Member States’ tax affairs to ensure increasing tax harmony across the EU.

Highlighting a recent ruling from the EU Commission that Ireland’s tax deal with Apple, in which they are estimated to pay only 3% corporation tax, is considered state aid and should therefore be penalised €13bn for the ‘sweetheart deal’, Nick points out that there is a struggle between a Member State’s desire to be attractive to businesses in the comptetive landscape, and the EU Commissions mission of harmonisation.

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