Bill Susan - Moore Stephens

International accountant and shipping consultant Moore Stephens says the UK Chancellor’s Autumn Statement 2015 is light on content for the offshore maritime sector, other than an unkind reference to falling oil prices. But it has highlighted a number of issues which may be of interest to the offshore maritime industry.

Sue Bill, Moore Stephens tax partner, says, “The government is to invest £1.3 billion to transform HMRC into ‘one of the most digitally advanced tax administrations’ in the world. Most businesses and self-employed individuals will be required to keep track of their tax affairs digitally and to update HMRC at least quarterly via their digital tax account. The government will consult on the details in 2016.

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