Welcome to the shape-shifting world of big tech taxes Opinion Axing the Digital Services Tax may be the price Britain pays for a trade deal with the US, but that doesn’t mean we’ve seen the back of tech taxes, says Tim Sarson Just a few days ago, Rachel Reeves was strolling in, to paraphrase Flanders and Swan, the geopolitical zoo that is Washington DC, attempting [...]
Will a tax raid tomorrow prove too tempting for Reeves? Opinion Emergency Budgets are a bad idea, but with the economic changing fast Reeves may not have the luxury of waiting until Autumn to raise taxes, says Tim Sarson Last autumn, after a long, long summer of speculation and rumour, our newly installed Chancellor of the exchequer Rachel Reeves delivered what she promised would be the [...]
Everything you need to know about tariffs Opinion The threat of tariffs mean businesses must check their exposure and figure out what’s going on in their supply chains, says Tim Sarson I’ve decided to write an article on tariffs. I don’t do this lightly. Not only is it political, it is dominating the news agenda. So I’ll steer clear of the politics or [...]
How much does tax really affect your decision making? January 22, 2025 From VAT on school fees to business taxes, we’re living through a live experiment with the effects of tax on people’s choices. Evidence suggests the results could be far from clear-cut, says Tim Sarson Last week, I was lucky enough to be on the panel for the Women in Tax network’s annual debate. The question [...]
Bleak midwinter for the economy? It could be worse… December 19, 2024 The political and economy outlook for the UK may seem gloomy, but spare a thought for our European counterparts, says Tim Sarson It’s the last working week of 2024 for many of us. I’ll be switching off the laptop on Friday afternoon and packing up for what I hope is a restful Christmas break, give [...]
What Trump 2.0 means for the tax bills of UK businesses November 20, 2024 Tariffs, investment and deglobalisation: KPMG tax expert Tim Sarson takes us through what Trump's second presidency means for UK businesses.
Halloween Budget could still give businesses a fright in the night October 31, 2024 The Budget was not as shocking as some were expecting, but a few things could still go bump in the night, says Tim Sarson Today saw the delivery of one of the most hotly anticipated Budgets in living memory. After 14 years in opposition and an election manifesto with relatively muted tax rises, it must [...]
Can the government tax its way to a building boom? October 26, 2024 Labour have big plans for house building and infrastructure so what can we expect on property taxes in the Budget? Tim Sarson has the answers Cut through the post-election chatter about black holes and freebies and there is one theme that keeps coming up as a top political priority. Building things. I can’t remember a [...]
This Budget looks set to be more car park than roadmap October 23, 2024 You have probably read at least two dozen columns speculating on where those tax rises of doom are going to land in next week’s budget, so I’m not sure there is much more to say on the big topics of contention. We’ll find out soon enough whether employers’ National insurance (NI) really will go up, [...]
Take it from a tax expert, we are all too obsessed with Reeves’s Budget September 25, 2024 Reeves' Budget has become the talk of the town, but even KPMG tax expert Tim Sarson thinks we should calm down about it
