Andrew Roycroft (Norton Rose Fulbright) reviews the decision in the case of Bupa Insurance, which serves as a reminder that a tax avoidance purpose is, of itself, not sufficient for HMRC to deny a taxpayer its intended tax outcome
Avoidance involving the transfer of assets to Gibraltar
HMRC has opened the contractor loans settlement opportunity to enable recipients of such income to bring their tax affairs up to date. The amnesty applies to tax years up to 5 April 2011, and is open until 9 January 2015.
Chris Davidson reviews the anti-avoidance measures in the current Finance Act and surveys the horizon for the next step in HMRC’s anti-avoidance journey.
FATCA affects the operations of most UK funds. Andrey Krahmal provides a summary
David Whiscombe (BKL Tax) reports on the controversial new rules in this year's Finance Act in light of HMRC's new guidance.
Jayne Newton takes a look at where we are now on the new ‘global FATCA’,
James Bullock considers how effective the new ‘accelerated payments’ powers granted to HMRC will be in curbing tax avoidance schemes.
The OECD has released the full version of a new global standard for the exchange of information between jurisdictions.
HMRC has published a tax information and impact note on the new rules which will allow it to issue conduct notices to promoters of tax avoidance schemes. The note stresses that these rules have effect since Royal Assent of the Finance Bill (i.e. 17 July 2014).