HMRC lost only three out of 26 tax avoidance cases taken to court last year and had one mixed result, positioning them as a formidable force Read More...
View articleThis is part of HMRC’s efforts to clamp down on white collar tax evasion, and new legislation criminalising failure to prevent tax evasion will give H...
View articleThe GAAR advisory panel stated that the use of gold as payments for employees is “abnormal and contrived” and “not a reasonable course of action” Read...
View articleIn 2012, HMRC made 591 requests to foreign governments. In 2016, this number stood at 1096, a 7% increase on 1025 requests made in 2015 Read More...
View articleThe Supreme Court rules in favour of HMRC in a tax case relating to the remuneration of Rangers Football Club employees through an employee benefit tr...
View articleWelcome to the Accountancy Age guide to the UK's corporate tax system. The guide provides a detailed overview of the regime, including rates, incentiv...
View articleHMRC received a record number of 90 judicial reviews last year, raising concerns about the tax authority's potential misuse of power Read More...
View articleHMRC has increased investment in its Fraud Investigation Service staff, suggesting that investigations into large corporates may be in progress Read M...
View articleThe convention is designed to implement a minimum standard to prevent against treaty abuse and strengthen mechanisms for dispute resolution Read More...
View articleAPNs are issued to individuals and businesses who are suspected of having engaged in tax avoidance, and require full payment of the disputed tax withi...
View articleUS taxpayer coalition pushes for FATCA repeal in reform package to the White House Read More...
View articleThe amount collected has fallen from £301.2m in 2014-15, indicating that the government’s strategy and legislative changes have been successful in pre...
View articleNew government measures to target abuse of a VAT simplification scheme may have 'unwelcome consequences' for small businesses, says the institute Read...
View articleTaxpayers waited an average of 303 days for HMRC enquiries to close during tax year 2015-16 Read More...
View articleA total of £16bn was lost through tax fraud last year, according to estimates released by Pinsent Masons Read More...
View articleAn 80% increase in additional revenue for HMRC coincides with a crackdown on income tax avoidance Read More...
View articleThe EU ruling that Apple should pay up to €13bn (£11bn) in tax has been appealed against by the tech giant Read More...
View articleCompanies must report on their complex financial structures including offshore accounts and notify HMRC Read More...
View articleThe tax HMRC expects is underpaid by large companies through “transfer pricing” has risen by 60% Read More...
View articleThe chancellor has “missed an opportunity” to restore business confidence and encourage UK investment, said Mazars Read More...
View articleAmbulance-chasing, or seizing an opportunity? The Practitioner is seeing lots of clients on the receiving end of marketing guff from self-styled 'buy-...
View articleAs advisers prepare for another Autumn Statement, they and their clients hope to avoid the grip of more red tape Read More...
View articleAlleviating tax red tape, and stronger investment incentives, are key requests for the chancellor Philip Hammond to consider from the ACCA Read More...
View articleMaking Tax Digital; CIMA's president taking up the chair role of its jointly-founded new international organisation; and new tax adviser conduct rules...
View articleCivil penalties could hit companies unwittingly involved in VAT fraud, warns UHY Hacker Young Read More...
View article£6.9m tax fraud committed in the UK has seen three businessmen jailed for a total of 19 years Read More...
View articleMaking Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small bus...
View article