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COMPLIANCE


The work of the UK tax profession 'enables citizens to comply with a plethora of statutory obligations'

Contrived tax avoidance schemes that fail the ‘smell test’ bring the accountancy profession into disrepute, the President of the Institute of Chartered Accountants of Scotland has warned.

Mutual assistance between HMRC & South Africa Revenue Service

The Working Together post working group is running a pilot exercise to encourage the use of ‘signpost headings’ in agents’ letters to HMRC on self assessment and PAYE issues.

HMRC is proposing to combine its bi-monthly updates for tax agents by incorporating Working Together material into the Agent Update.

HMRC has paid more than £1m to informants in the last three financial years.

  HMRC defends payments to informants HMRC has paid more than £1m to informants in the last three financial years. ‘Hundreds of people a year have received rewards ranging from about £50 to thousands of pounds, depending on how much tax is recouped...

David Gauke’s comments last week highlighted the fact that ‘not all tax losses are down to contrived avoidance schemes used by the wealthy’

Nyree Craig explains why the UK's basic principle of non-cooperation is now a thing of the past.

‘HMRC has said that more than 1,300 employers will join its real time information pilot (RTI) for PAYE between now and September 2012.

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