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Innovation in the food supply chain
Every January, thousands of people sign up to the #Veganuary challenge. Those who sign up agree to stick to an entirely plant based (vegan) diet. People's reasons for doing so are varied but concerns about the sustainability of food production and environ...
Tax simplification from emerging technologies
Wouldn't it be great if future technological development enabled tax to be calculated and taken direct from the taxpayer without the need for the individual to do anything other than perhaps press a button? HMRC's ambition is to become one of the most di...
Open Banking: Opportunities not closed yet
Much has been made in the last couple of weeks about the anniversary of the introduction of the second Payment Services Directive (PSD2). It has been suggested, for example, that the lack of significant increase in the number of current accounts switched ...
Computerised facial recognition: revolutionary tech or surveillance threat?
Recognising someone’s face: it’s a skill that humans can do without thinking. But getting to a stage where computers can demonstrate this same ability is something that has been in development since the 1960s. The adoption of this technology could be revo...
What value is in a brand?
The EU has today opened another State aid investigation, this time into tax rulings given to Nike by the Dutch tax authorities. At the heart of this investigation is the question - what value is there in the Nike brand? The Dutch tax authorities had agre...
Risk management and innovation
The unprecedented rate of change, both in technology and the way businesses and consumers respond to it, puts organisations under pressure to innovate. While innovation offers the potential for progress, market differentiation and competitive advantage, i...
Effective investigations
The use of artificial intelligence (AI) in our personal and professional environments will undoubtedly be a leading force in shaping the world around us in the years to come. One particular area where AI can a game changer is within regulatory investigati...
Disclosure pilot scheme – a step forward for legal tech in English court proceedings
On 1 January 2019 a new disclosure pilot scheme will be rolled out in the English Business and Property Courts. The two-year pilot will overhaul the process for disclosing documents in litigation proceedings by replacing the ageing framework that has in l...
Confounding the innovator’s dilemma
If Microsoft ends the year as the world’s most valuable company, it will be the first year it closes out in the top position since 2002. And it has not been the world’s most valuable tech stock since 2010. So how did Microsoft confound the so-called innov...
Tax on cryptoassets
Cryptoassets (cryptocurrency tokens such as bitcoin) are now so prevalent that HMRC has set out its view of the law about how individuals should be taxed in their dealings with such assets. HMRC will publish further information about the tax treatment of ...