The Tax Avoidance Schemes (Promoters and Prescribed Circumstances) (Amendment) Regulations, SI 2015/945, ensure that, with effect from 17 April 2015, employees of promoters resident outside the UK are not excluded as promoters in the event that their employer does not disclose under DOTAS, and th
New tax reports: The Public Accounts Committee has published its 49th and 50th reports of this session, The effective management of tax reliefs and Improving tax collection, following evidence given to the PAC from Jim Harra (HMRC director general of business ta
The Finance Bill rules on the diverted profits tax (DPT) incorporate changes made in response to the informal consultation on that topic.
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HMRC has made welcome changes to the new diverted profits tax, which takes effect from 1 April. As a result, the tax should not disrupt commercially based planning supported by economic substance, writes Shiv Mahalingham (Duff & Phelps).
The Treasury has published its proposed next steps on tackling evasion and avoidance. James Bullock (Pinsent Masons) reviews the detail.
In response to criticism by the House of Lords Select Committee on personal service companies, HMRC has issued a report (see www.bit.ly/1xeS2XO) justifying the IR35 legislation, saying that the cost of its abolition would be £550m and that if the anti-avoid
The European Commission has presented its new tax transparency package ‘as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU’.
In Eclipse Film Partners No. 35 LLP, the Court of Appeal ruled that the film partnership’s activities did not constitute trading. Chris Bates and Judy Harrison (Norton Rose Fulbright) examine the judgment and consider the consequences
The scope of HMRC’s duty of confidentiality