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KPMG Press Releases |
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6th December, 2006
Pre-Budget Report 2006 – Zero carbon homes
Commenting on the announcement of stamp duty exemption on zero carbon homes, Adam Bainbridge, Head of Corporate Tax at KPMG in the UK, said:
“The Chancellor has outlined his ambitions to make London the global centre for carbon trading and to use climate change as an opportunity for new jobs ...
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6th December, 2006
“Pre-Budget Report 2006 – Disappointingly little for small and medium-sized businesses”
Commenting on today’s Pre Budget Report, Tom McGinness, Head of Middle Market Tax at KPMG in the UK, said:
“Small and medium-sized businesses will be disappointed that there was little or nothing in this Pre Budget Report for them ...
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6th December, 2006
Pre-Budget Report 2006 – Uncertainty introduced into capital gains tax rules
Commenting on the announcement today that a new general anti-avoidance rule for capital gains tax losses realised by individuals and trustees is to be introduced, Carolyn Steppler, director at KPMG in the UK, said:
“The extension of this general anti-avoidance rule to individuals (it is already a feature of corporate taxation) means that it will be more difficult for people to complete their self assessment tax returns ...
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6th December, 2006
PBR: PAYE/NIC for managed service companies
John Chaplin, Director, Employment Taxes at KPMG said:
“HMRC has been actively targeting managed service companies for some time, so it is not particularly surprising that they have today announced plans to block what they see as a method of individuals avoiding income tax and NIC ...
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6th December, 2006
UK risks losing out on tax competitiveness, says KPMG
Business will be disappointed by today’s Pre-Budget Report, says Sue Bonney, UK Head of Tax and People Services at KPMG.
“The Chancellor’s speech contained little to respond to pleas from business to improve the attractiveness of the UK tax environment ...
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6th December, 2006
Brown gives fair weather forecast for the economy, says KPMG
On the economy, Andrew Smith, Chief Economist of KPMG said:
“With clouds gathering over the US economy and squalls in the currency markets, the fair weather forecast by the Chancellor for the UK may not last ...
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6th December, 2006
Intellectual property rights -Buddy Holly won’t be happy, says KPMG
Commenting on the Gowers Review of Intellectual Property, David Eastwood, Advisory Partner at KPMG in the UK, said:
“It is encouraging to see further Government recognition of the importance of IP to UK business ...
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6th December, 2006
Pre-Budget Report 2006 — KPMG welcomes closure of stamp duty land tax loopholes
Commenting on the announcement today that rules governing stamp duty land tax are to be significantly tightened, Steven McGrady, tax partner at KPMG in the UK, said:
“HMRC has clearly been making good use of the information it has received from last year's decision to make disclosure of stamp duty land tax schemes compulsory ...
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6th December, 2006
REITS: changes broadly welcomed by KPMG
Charles Beer, head of real estate tax at KPMG, broadly welcomed the changes introduced in the Pre-Budget Report for Real Estate Investment Trusts which addressed a number of industry concerns ...
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6th December, 2006
Leitch is a half way house, says KPMG
Sara Caplan, Director, Government Advisory at KPMG, says:
“I would question whether the Leitch Review has gone far enough in streamlining the complex landscape of skills, advice and employment agencies - what exactly will be removed? The recommendations centre on one institutional merger and a process of streamlining through the employment and skills boards although there is not yet any clarity as to how many of these there will be ...
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