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).
According to the Financial Times (10 July 2014), lawyers are scrambling to file compensation claims against advisers who sold tax-saving schemes that have backfired to leave an estimated £5bn bill for individuals.
Employee remuneration scheme involving genuine loans
Bill Dodwell gives his view on the latest phase of the Fair Tax Mark and its application to multinationals
Helen Buchanan comments on Labour’s proposals to close the quoted Eurobond exemption ‘loophole’