HMRC has issued guidance about PAYE reporting requirements for employment intermediaries.
Tori Magill (Pinsent Masons) answers a query on a client who participated in a marketed avoidance scheme and has received a COP9 notice
In this month’s briefing, Mark Middleditch (Allen & Overy) provides a round-up of recent tax developments affecting the City, including: the decisions in Sir Fraser Morrison (contingent CGT liability for shareholder-director) and Project Blue (SDLT anti-avoidance); new tax relief for corporate rescues; and the Office of Tax Simplification’s report on partnership taxation.
Dawn Register and Helen Adams (BDO) take a look at the consultation proposals to strengthen sanctions for tax avoidance
Following the conclusion of its inquiry into PwC and Shire Pharmaceuticals following the ‘LuxLeaks’ furore, the Public Accounts Committee (PAC) has released its report on tax avoidance and the role of large accountancy firms
HMRC has defended its record in recovering tax on undeclared Swiss bank accounts through the tax agreement with Switzerland, which came into force in January 2013. The agreement was signed in 2011, following information leaked by a Swiss bank employee on hidden accounts (the ‘Lagarde list’).
US multinationals have attacked George Osborne’s diverted profits tax, warning that the so-called ‘Google tax’ – which comes into force in April – would have ‘a chilling effect on inward investment’, reports the FT.
The OECD and G20 have agreed three key elements towards the implementation of BEPS measures on tax avoidance by multinationals:
Labour leader Ed Miliband issued a written warning to the leaders of Britain’s overseas territories and crown dependencies over tax avoidance, saying that under a Labour government they would have six months to compile a public register of offshore companies or risk being put on a ‘tax havens’ bl
The Swiss arm of British bank HSBC has been accused of helping its wealthy clients with offshore tax avoidance – and even tax evasion – in the national and international press.