NEWS

The ATT is calling on HMRC to clarify the rules around the tax-free provision of nursery places by an employer to its employees using a salary sacrifice scheme. The ATT has been made aware of employers being approached by promoters offering...

The OECD has published the following reports:Bringing tax transparency to cryptoassets an update;Beneficial ownership and tax transparency implementation and remaining challenges;Taxation and inequality; andStrengthening...

Professional bodies were invited to a roundtable discussion with the Exchequer Secretary to the Treasury (XST) on priorities for the tax system. Key priorities highlighted by the ATT were:improving HMRC service standards;expanding access to...

This roundup sets out the most important changes to HMRC manuals over the past week as curated by our editors.  

The Institute for Fiscal Studies has generally welcomed the new governments fiscal lock saying it is broadly sensible but largely performative.Following last weeks Kings Speech, the Budget...

The EU Council has expressed concerns over the latest draft terms of reference for a UN framework convention on international tax cooperation.In a position paper dated 5 July, the EU Council says the revised draft fails to take into account its...

The OECD has published new information concerning the International Compliance Assurance Programme (ICAP), a voluntary risk assessment and assurance programme to facilitate open and co-operative multilateral engagements between MNEs and tax...

In a visit to HMRCs Stratford office last week, James Murray MP, the new Exchequer Secretary to the Treasury (XST), set out his top three priorities for the department over the next five years.The first priority is, unsurprisingly, bringing in...

HMRCs Wealthy team are issuing one to many letters to individuals registered as being a Person of Significant Control of a limited company. These are individuals who hold more than 25% of the shares or voting rights in a company, have the...

New guidance on the publication of Upper Tribunal (Tax and Chancery) decisions has been issued by the President of the Upper Tribunal, Mrs Justice Bacon DBE.One key change is that refusal decisions issued post oral renewal applications...