The tax system is lagging behind commercial reality in some respects, says CBI director-general
Peter Vaines writes that some of the changes in the draft Finance Bill measures on the statutory residence test are positively unhelpful
HMRC has offered a settlement opportunity for participants in certain tax avoidance schemes. Jonathan Levy examines the detail, and suggests there is a tension between this settlement opportunity and HMRC's overarching litigation and settements strategy.
HMRC guidance
‘Tax avoidance’ is a dangerous expression but abusive tax planning has become intolerable in a period of austerity, says Aaronson
Chief prosecutor’s targets include ‘tax consultants who push dishonest avoidance schemes'
Aggressive tax planning has been achieved ‘with the complicity of governments themselves to cope with tax competition’, says senior OECD tax official
Proposals represent a major improvement, says PKF
Late filing penalty will apply to a return filed after 31 January even if there is no tax to pay
Time frame remains challenging, says KPMG