Emeritus Professor Joe Nellis is Head of Economic Research at MHA, the accountancy and advisory firm. Inflation in the Eurozone has edged higher again, rising from 2.9% in July to 3.3% in August. This is a cause for concern – reinforcing worries that price pressures are proving more stubborn than policymakers would like and raising…
As geopolitical tensions reshape economies and governments compete for investment, one message came through clearly at MHA’s International Tax Summit: international tax reform is not going away, but its direction is changing. Hosted in London, the event brought together senior tax leaders, multinational businesses and specialists from across the Baker Tilly International network to discuss…
Welcome to Issue 37 of Tax Refresher, our bi-monthly newsletter designed specifically for large corporate and international businesses, which aims to keep you updated on the latest developments and challenges in the global tax landscape. In this edition of Tax Refresher, you’ll find the following insights: UAE Federal Tax Authority sets administrative requirements for Domestic…
When many business leaders think about VAT, they think about compliance. For Glyn Edwards, it is about people, businesses and the decisions that shape them every day. From working with funeral directors and charities to supporting schools, motor retailers and healthcare organisations, no two weeks are the same. One day might involve advising on the…
Refocusing the consultancy equation in a changing world In a rapidly changing business world, consultancy firms are increasingly exposed: they exist at the intersection of sensitive client data, complex regulation, and rapidly evolving technologies. This means that robust policies around AI, governance, and data handling are no longer just best practice but essential to their…
A business perspective on Europe’s growing water dependency For years, executives have worried about energy prices. Today, they may need to start worrying about something even more fundamental: water. The current drought affecting Europe’s major rivers is often described as an environmental issue. But the business implications tell a different story. Low water levels…
Tax compliance has always been the cornerstone of the tax function of businesses. The timely filing of tax returns and payment of the underlying liabilities, the proper interpretation and application of tax legislation, and the effective response to tax audits often constitute the key indicators for assessing the effectiveness of a tax function. However, in a modern…
A Gateway to International Shipping Cyprus has established itself as one of the world’s leading maritime centres, offering a strategically located gateway between Europe, Asia and the Middle East. As an EU Member State with one of the largest ship registries in Europe and one of the largest third-party ship management centre in the European…
“We’ve sold almost every apartment, so why haven’t our profits increased?” This is one of the most common questions property developers ask when reviewing their financial statements. Imagine a developer who has pre-sold 80% of a new residential project. Buyers have paid substantial deposits, banks are satisfied with the pre-sales, and construction is progressing according…
