Chartered accountants at odds over ICAEW chief's missive
HMRC needs a ‘better understanding’ of the costs and benefits of interventions such as debt campaigns and initiatives to drive down error and fraud in tax credits, according to the Head of the National Audit Office.
More views (online only) from tax professionals on the proposed general anti-abuse rule
‘Sinner reformed’ says GAAR is a much more acceptable prospect than it might have been before a recent ‘sea change’ in the relationship between corporate taxpayers and HMRC
Any ICAEW members involved in aggressive tax planning through 'the sorts of schemes highlighted by The Times' are bringing the profession into disrepute, Izza warns
A selection of views on the proposed general anti-abuse rule, plus a flowchart guide to navigating the draft rules and international comparisons.
HMRC should be ‘properly’ resourced to enable it ‘track down and deal with schemers and evaders quickly and efficiently’, the President of the Chartered Institute of Taxation said last night.
‘A barrage of regulatory clampdowns and political attacks on the Channel Islands' controversial financial industry has prompted one of Jersey's most senior politicians to call for preparations to be made to break the "thrall of Whitehall" and declare independence from the UK.
Ordinary taxpayers unable to avoid tax are ‘horrified’ by the behaviour of a wealthy few who are driven by greed to engage in aggressive tax avoidance schemes, a leading tax writer and lecturer has told Tax Journal.
Abusive tax schemes are anti-social, and ‘more riots in the streets’ will not be far away if aggressive tax avoidance is not tackled, a leading tax lawyer has warned.