New figures indicate increased tax receipts from the banking sector. HMRC continues to pursue avoidance transactions through the courts, narrowly missing out on victory in Lloyds TSB Equipment Leasing but successfully challenging yet another PAYE and NICs scheme in Tower Radio. High risk promoters of these sorts of schemes face tougher sanctions under new proposals.
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New figures indicate increased tax receipts from the banking sector. HMRC continues to pursue avoidance transactions through the courts, narrowly missing out on victory in Lloyds TSB Equipment Leasing but successfully challenging yet another PAYE and NICs scheme in Tower Radio. High risk promoters of these sorts of schemes face tougher sanctions under new proposals.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: