Recruitment for HMRC's voluntary advance assurance pilot has closed due to a high demand for limited places. The specialist R&D relief units continue to offer support and assistance, and will be happy to answer any questions about R&D relief claims, HMRC said.
HMRC has published guidance to help employers improve data quality in readiness for the introduction of Real Time Information. More than 80% of data quality problems are caused by holding incorrect information about an employee's name, date of birth or national insurance number, HMRC said.
Taxpayers preparing to file their self-assessment tax return online for the first time will need to register in good time for the 31 January deadline, HMRC said.
HMRC is seeking evidence of the potential impact of withdrawal of five tax reliefs currently provided by concession. Data is requested by 30 November 2012.
HMRC has updated its FAQs on the agreement signed on 6 October.
Leading tax professionals comment on the recommendations of the GAAR study group.
European Commission lawyers have concluded that the UK’s controversial tax agreement with Switzerland is in breach of EU law, the Financial Times has reported, and Brussels is ‘threatening to sue’ the UK unless the deal is significantly altered.
Tax evasion costs more than the entire health budget in each of 67 countries, according to new research published by the Tax Justice Network.
HMRC is seeking 1,300 employers to join its PAYE Real Time Information pilot next July.