All articles by Umesh Ellichipuram
Umesh Ellichipuram
China sees higher platform tax compliance after new reporting framework
More than 8,000 domestic and overseas online platforms have complied with the requirement to submit tax-related information.
CPA Australia urges caution on CGT discount and negative gearing tweaks
CPA Australia recommends wide consultation to ensure tax reforms are balanced and support long-term economic and fiscal goals.
AICPA urges clarity on H.R. 1 tax rules
The AICPA seeks direction for individuals, estates and trusts on Section 68 limits and Notice 2025–68 Trump account regulations.
CIMA endorses UK’s new sustainability reporting framework
The UK standards are based on IFRS S1 and S2.
India plans major revamp to align tax and financial reporting rules
The move is aimed at removing one of the most persistent compliance pain points for companies.
UK inheritance tax receipts reach £7.1bn in latest HRMC data
The authority noted that IHT receipts were around £100m ($134.86m) higher than the same period last year.
CAI and business groups discuss lowering NI corporation tax rate
The groups agreed to back efforts to reduce the corporation tax rate in NI.
ICAEW warns visitor levy could add pressure on hospitality companies
This follows the ICAEW’s latest Business Confidence Monitor, which reported that 64% of companies see the tax burden as a growing challenge.
HMRC makes tax adviser registration mandatory from May 2026
HMRC has published initial guidance on who must register and how and when the registration process will be implemented.
AFRC highlights transparency reports as key to trust and audit quality
The council says clear, relevant disclosures help audit committees and investors make informed choices when appointing auditors.