Crowe’s tax team reflect on the topical tax developments so far in 2018 and the areas that organisations should focus-on in the second half of 2018/early 2019. At the start of the year, we detailed some of the upcoming tax developments that we recommended organisations address during 2018. Half way through the year it has become apparent that several trends are developing. For some time there has been greater emphasis on the processes and controls in place to ensure good tax governance. This has continued during 2018 but is being enhanced by technology to create, for the first time in the UK, a ‘digital tax environment’. This year is seeing the start of the government's initiative to transform HM Revenue and Customs (HMRC) into a world leading, digital tax authority. HMRC has also been focusing on the ‘tax gap’ and introducing new measures to increase the amount of tax collected in the UK. Finally, Brexit must inevitably feature in an organisation’s planning for 2018 and 2019.
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