All articles by Umesh Ellichipuram

Umesh Ellichipuram

CIMA says UK Spring Forecast falls short on business confidence

The CIMA doubts the forecast will lift business confidence or deliver meaningful productivity gains.

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.