Queen's Speech: Millions of pension savings protected by new legislation
Administration

Queen's Speech: Millions of pension savings protected by new legislation

9y Fraser Simpson , Reporter

Queen's Speech: Millions of pension savings protec...

Queen's Speech legislation aims to crackdown on financial crime and protect those who have money in some auto enrolment schemes Read More...

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Postpone quarterly digital reporting by at least a year, HMRC urged
Accounting Software

Postpone quarterly digital reporting by at least a year, HMRC urged

9y Fraser Simpson , Reporter

Postpone quarterly digital reporting by at least a...

The ATT has urged HMRC to push its digital project back 12 months in order to avoid ‘risk of embarrassment’ to both itself and the government if it go...

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HMRC pulls in £737m as payroll errors continue
Corporate Tax

HMRC pulls in £737m as payroll errors continue

9y Fraser Simpson , Reporter

HMRC pulls in £737m as payroll errors continue

Figures suggest government’s contrived tax system is tripping SMEs up and needs to be simplified, urges UHY Hacker Young Read More...

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OTS seeks feedback on tax simplification strategy
Accounting Standards

OTS seeks feedback on tax simplification strategy

9y Fraser Simpson , Reporter

OTS seeks feedback on tax simplification strategy

The independent office looks to hear from taxpayers on how it can further simplify the UK's contrived tax system Read More...

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NHS wins multi-million VAT battle after HMRC climbdown
Corporate Tax

NHS wins multi-million VAT battle after HMRC climbdown

9y Fraser Simpson , Reporter

NHS wins multi-million VAT battle after HMRC climb...

NHS wins multi-million pound battle with HMRC over 40 years' worth of overpaid VAT, after HMRC agreed to no longer oppose outstanding appeals Read Mor...

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Panama commits to share financial account information
Administration

Panama commits to share financial account information

9y Richard Crump , Writer

Panama commits to share financial account informat...

Bahrain, Lebanon, Nauru, Panama and Vanuatu commit to share financial account information automatically with other countries Read More...

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£27m victory for HMRC in BoI phantom tax loophole case
Administration

£27m victory for HMRC in BoI phantom tax loophole case

9y Fraser Simpson , Reporter

£27m victory for HMRC in BoI phantom tax loophole ...

Bank of Ireland subsidiary fails in its quest to avoid millions in tax Read More...

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Panama Papers saga rages on as leaked documents surface
Corporate Finance

Panama Papers saga rages on as leaked documents surface

9y Fraser Simpson , Reporter

Panama Papers saga rages on as leaked documents su...

Portion of stolen law firm files revealed to the public, days before world leaders meet to tackle financial corruption Read More...

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UK has ‘vital role to play’ in beating tax evasion, declares Panama Papers whistleblower
Corporate Tax

UK has ‘vital role to play’ in beating tax evasion, declares Panama Papers ...

9y Fraser Simpson , Reporter

UK has ‘vital role to play’ in beating tax evasion...

Panama Papers anonymous whistleblower 'John Doe' reaches out to government authorities, and has called on global powers to 'end financial secrecy' Rea...

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Spot the claim: Sportech wins £97m in VAT battle
Corporate Tax

Spot the claim: Sportech wins £97m in VAT battle

9y Fraser Simpson , Reporter

Spot the claim: Sportech wins £97m in VAT battle

Betting firm wins latest battle in long-running case against HMRC over unpaid VAT Read More...

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Avoidance scheme crackdown sees HMRC net £494m
Administration

Avoidance scheme crackdown sees HMRC net £494m

9y Fraser Simpson , Reporter

Avoidance scheme crackdown sees HMRC net £494m

Taxman’s Counter Avoidance Directorate behind the massive increase in revenue, law firm claims Read More...

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How Brexit will change the UK tax environment
Corporate Tax

How Brexit will change the UK tax environment

9y Accountancy Age

How Brexit will change the UK tax environment

Phillip Gershuny, senior tax partner at Hogan Lovells, outlines how a European exit could affect UK taxes Read More...

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EU’s MOSS changes could see UK companies charging French VAT
Accounting Firms

EU’s MOSS changes could see UK companies charging French VAT

9y Fraser Simpson , Reporter

EU’s MOSS changes could see UK companies charging ...

London accountancy firm Blick Rothenberg warns of potential damages VAT changes could cause UK businesses Read More...

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Former PwC employees to stand trial over Luxleaks scandal
Accounting Firms

Former PwC employees to stand trial over Luxleaks scandal

9y Fraser Simpson , Reporter

Former PwC employees to stand trial over Luxleaks ...

Two PwC whistleblowers and journalist to stand trial over alleged leaking of corporate tax documents Read More...

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Government pressure driving HMRC's scatter gun approach to criminal investigations
Administration

Government pressure driving HMRC's scatter gun approach to criminal investi...

9y Accountancy Age

Government pressure driving HMRC's scatter gun app...

Governmental pressure to crack down on tax evasion is resulting in HMRC applying its criminal investigation policy in an inconsistent manner, writes K...

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Tax transparency plans adopted across Europe
Administration

Tax transparency plans adopted across Europe

9y Fraser Simpson , Reporter

Tax transparency plans adopted across Europe

UK-led beneficial ownership plans adopted in over 20 jurisdictions, including Gibraltar, Isle of Man and Montserrat Read More...

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Offshore clampdown continues as HMRC protects £365m
Administration

Offshore clampdown continues as HMRC protects £365m

9y Fraser Simpson , Reporter

Offshore clampdown continues as HMRC protects £365...

First-tier tribunal rules against Clavis Liberty Fund, over the shadowy use of dividend funds Read More...

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Bermuda falls in line with OECD tax reporting agreement
Administration

Bermuda falls in line with OECD tax reporting agreement

9y Fraser Simpson , Reporter

Bermuda falls in line with OECD tax reporting agre...

British island territory agrees to sign OECD pact on tax co-operation, which has already been signed by 31 nations Read More...

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‘Flawed’ HMRC VAT thinking costing micro business, claims ATT
Accounting Standards

‘Flawed’ HMRC VAT thinking costing micro business, claims ATT

9y Fraser Simpson , Reporter

‘Flawed’ HMRC VAT thinking costing micro business,...

Tax association is calling on HMRC to review its guidance around the VAT flat rate scheme to help SME owners Read More...

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Tax vacancies increase following transparency pressures
Administration

Tax vacancies increase following transparency pressures

9y Fraser Simpson , Reporter

Tax vacancies increase following transparency pres...

Tax vacancies rose by 11% in London and the south east during Q1 of 2016, compared to the same period last year. Read More...

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UK pressures OECD to tackle unhelpful tax jurisdictions
Administration

UK pressures OECD to tackle unhelpful tax jurisdictions

9y Fraser Simpson , Reporter

UK pressures OECD to tackle unhelpful tax jurisdic...

Nations that defy international tax agreements should be listed and punished accordingly, Osborne suggests Read More...

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PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown
Administration

PAC slams ‘woefully inadequate’ HMRC on tax fraud crackdown

9y Fraser Simpson , Reporter

PAC slams ‘woefully inadequate’ HMRC on tax fraud ...

Select committee says HMRC is making ‘limited progress’ in reducing tax fraud losses, claiming that the rich 'can get away with tax fraud' Read More...

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UK leads charge for action on beneficial ownership
Administration

UK leads charge for action on beneficial ownership

9y Fraser Simpson , Reporter

UK leads charge for action on beneficial ownership

Osborne delivers ‘another hammer blow’ to offshore tax evasion by announcing data partnership with biggest European economies Read More...

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HMRC victorious in Supreme Court film tax battle
Administration

HMRC victorious in Supreme Court film tax battle

9y Fraser Simpson , Reporter

HMRC victorious in Supreme Court film tax battle

Supreme Court rules in favour of taxman over long-running Eclipse 35 tax avoidance scheme Read More...

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CIoT welcomes government’s 'joined-up' Panama Papers investigation
Accounting Standards

CIoT welcomes government’s 'joined-up' Panama Papers investigation

9y Fraser Simpson , Reporter

CIoT welcomes government’s 'joined-up' Panama Pape...

Taxation body welcomes departmental investigation into Panama Papers, but questions government’s approach to clampdown on corporate tax evasion Read M...

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Taxman raised nearly £500m extra corporation tax from SMEs
Administration

Taxman raised nearly £500m extra corporation tax from SMEs

9y Chris Warmoll , Writer

Taxman raised nearly £500m extra corporation tax f...

Extra yield shows that the taxman has ramped up its probes into ‘soft target’ small businesses, says Top 50 firm Read More...

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Top ten firm distances itself from Blairmore Holdings connection
Accounting Firms

Top ten firm distances itself from Blairmore Holdings connection

9y Fraser Simpson , Reporter

Top ten firm distances itself from Blairmore Holdi...

Source close to firm says it had 'no involvement or control' over where controversial fund was set up Read More...

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