Thorn takes fleet case to Lords
Personal Tax

Thorn takes fleet case to Lords

30y michael laydon

Thorn takes fleet case to Lords

Electronics group Thorn will take its appeal against Customs & Excise VAT treatment of its company car purchases to the House of Lords, writes Jon...

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CREST causes huge rise in stamp duty
Personal Tax

CREST causes huge rise in stamp duty

30y michael laydon

CREST causes huge rise in stamp duty

Anomalies in the stamp duty system could cost taxpayers millions of pounds, claims Deloitte & Touche. Deloittes’ stamp duty team warned that...

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FDs oppose three-year VAT legislation
Personal Tax

FDs oppose three-year VAT legislation

30y michael laydon

FDs oppose three-year VAT legislation

Finance directors have condemned the Government’s three-year rule limiting VAT repayments, with less than one in five viewing the new measure as...

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Revenue purge to hit construction workers
Personal Tax

Revenue purge to hit construction workers

30y michael laydon

Revenue purge to hit construction workers

A huge row is brewing between the Inland Revenue and the construction industry over new rules that will put an end to national insurance and tax avoid...

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Filthy lucre
Personal Tax

Filthy lucre

30y michael laydon

Filthy lucre

The UK's sex industry is estimated to be worth around u750m a yearand its figureheads are among the richest people in the country. Yet theCity shies a...

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Euro tax man prepares to consider UK 3-year tax rule
Personal Tax

Euro tax man prepares to consider UK 3-year tax rule

30y michael laydon

Euro tax man prepares to consider UK 3-year tax ru...

European tax Commissioner Mario Monti was due to be quizzed on Tuesday night about the legality of the UK’s three-year rule on VAT repayments. G...

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View from the House - Negotiation the answer to VAT repayment issue
Personal Tax

View from the House - Negotiation the answer to VAT repayment issue

30y michael laydon

View from the House - Negotiation the answer to VA...

The Government's attempt to limit repayment on overpaid VAT to threeyears cannot be right. Read More...

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PW predicts no cuts in relief for PRPs
Personal Tax

PW predicts no cuts in relief for PRPs

30y michael laydon

PW predicts no cuts in relief for PRPs

Cuts in tax relief on profit related pay schemes would be politically devastating for the Government, claims Price Waterhouse. PW’s PRP experts ...

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Revenue's 99% fails to please the public
Personal Tax

Revenue's 99% fails to please the public

30y michael laydon

Revenue's 99% fails to please the public

Complaints about Inland Revenue tax repayments soared last year despite claims by the Government department that it dealt with 99% of cases within its...

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Revenue court case reveals scandal.
Personal Tax

Revenue court case reveals scandal.

30y michael laydon

Revenue court case reveals scandal.

A trial at the Old Bailey is prizing open the mysterious and murky world of Inland Revenue tax investigations. The prostitute girlfriend of the senior...

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Tax threat fails as deterrent to Jersey move
Personal Tax

Tax threat fails as deterrent to Jersey move

30y michael laydon

Tax threat fails as deterrent to Jersey move

A ‘carrot and stick’ approach adopted by the Government on LLP reform has failed to deter Price Waterhouse and Ernst & Young from plan...

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Tax law revamp will rely on independent advice
Personal Tax

Tax law revamp will rely on independent advice

30y michael laydon

Tax law revamp will rely on independent advice

Future Tax Simplification Bills will receive full consultation overseen by an independent steering committee before they are debated in Parliament. Th...

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View from the house - Don't hold your breath for income tax at 20%
Personal Tax

View from the house - Don't hold your breath for income tax at 20%

30y michael laydon

View from the house - Don't hold your breath for i...

Even if the Tories win the next election, a 20% income tax rate wouldhave to wait another decade Read More...

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Building tax crackdown hits small firms
Personal Tax

Building tax crackdown hits small firms

30y michael laydon

Building tax crackdown hits small firms

Hundreds of small and medium-sized practitioners face huge cuts in their income following demands by the Inland Revenue that self-employed workers in ...

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Tax inspector on corruption charges
Personal Tax

Tax inspector on corruption charges

30y michael laydon

Tax inspector on corruption charges

Former tax inspector, Michael Allcock, was treated to a night out gambling in Monte Carlo’s casinos by an Arab millionaire in return for wiping ...

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School fee tax breaks survive Revenue plan
Personal Tax

School fee tax breaks survive Revenue plan

30y michael laydon

School fee tax breaks survive Revenue plan

An Inland Revenue scheme to withdraw lucrative tax breaks for educational trust school fee plans has been ditched after fierce opposition. The Revenue...

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Single currency may promote tax union
Personal Tax

Single currency may promote tax union

30y michael laydon

Single currency may promote tax union

European fiscal affairs commissioner Mario Monti has said he expects the arrival of the European Union’s single currency to encourage cooperatio...

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Tax advisers' affiliation in legal dispute with member
Personal Tax

Tax advisers' affiliation in legal dispute with member

30y michael laydon

Tax advisers' affiliation in legal dispute with me...

A branded affiliation of tax advisers recruiting firms of accountants across the country is in dispute with one of its members just weeks after its of...

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Floating non-voters may be key for SMEs
Personal Tax

Floating non-voters may be key for SMEs

30y michael laydon

Floating non-voters may be key for SMEs

Smaller company entrepreneurs should be encouraged to issue non-voting shares on the stock market if they are faced with a choice between losing manag...

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Coopers may reveal Cantrade solution
Personal Tax

Coopers may reveal Cantrade solution

30y michael laydon

Coopers may reveal Cantrade solution

A confidential report by Coopers & Lybrand could hold the key to a string of fraud charges surrounding the troubled Jersey bank Cantrade. Retired ...

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Courts force Revenue to repay #20K tax demand
Personal Tax

Courts force Revenue to repay #20K tax demand

30y michael laydon

Courts force Revenue to repay #20K tax demand

Inland Revenue investigators were branded ‘heavy-handed and wholly unreasonable’ by the Special Commissioners for making an incorrect #20,...

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TESSAs and PEPs to be safe under Labour
Personal Tax

TESSAs and PEPs to be safe under Labour

30y newmedia newmedia

TESSAs and PEPs to be safe under Labour

An incoming Labour Government would keep its hands off personal equity plans and TESSAs, shadow Trade and Corporate Affairs minister Stuart Bell has p...

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Actuaries urge reform of pensions tax regime
Personal Tax

Actuaries urge reform of pensions tax regime

30y newmedia newmedia

Actuaries urge reform of pensions tax regime

Old people will not be able to afford to provide for themselves if drastic steps are not taken to simplify the pensions tax regime and encourage priva...

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Profession gives Revenue the thumbs-up on simplification
Personal Tax

Profession gives Revenue the thumbs-up on simplification

30y newmedia newmedia

Profession gives Revenue the thumbs-up on simplifi...

Inland Revenue attempts to simplify the nation’s tax legislation won general approval from accountants last week. But the profession’s tax...

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Accountancy firms put forward Budget plans
Personal Tax

Accountancy firms put forward Budget plans

30y newmedia newmedia

Accountancy firms put forward Budget plans

A Budget ‘wish list’ from Coopers & Lybrand calls on the Chancellor to back UK businesses and entrepeneurs. Coopers’ demands are...

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EC pledges to tackle telecoms VAT dodge
Personal Tax

EC pledges to tackle telecoms VAT dodge

30y newmedia newmedia

EC pledges to tackle telecoms VAT dodge

A major VAT loophole for telecommunications users and providers will be closed by the European Commission before the end of the year. Alarm bells star...

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Deloittes paves way for Euro verdict on VAT limit
Personal Tax

Deloittes paves way for Euro verdict on VAT limit

30y newmedia newmedia

Deloittes paves way for Euro verdict on VAT limit

Europe could be the final battlefield for the three-year rule on VAT repayments after a report commissioned by Deloitte & Touche revealed major le...

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