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HMRC POWERS


HMRC has been quick to publicise its success in a tax case involving Next Brand Ltd, which is part of the Next group, over its use of a tax avoidance structure known as a rate-booster.

FTT’s jurisdiction on legitimate expectation

HMRC is increasingly charging penalties to companies and senior accounting officers in respect of failures under SAO legislation. Lucy Sauvage and Ed Dwan (BDO) urge businesses to consider the impact on their reputation and their relationship with HMRC

75 in-house tax directors and heads of tax from large companies share their views on the coalition government's tax policies and priorities for a new government. 

The Coalition Agreement promised that the coalition government ‘will make every effort to tackle tax avoidance’. Graham Aaronson and Steve Bousher (Joseph Hage Aaronson) give an end of term report on the coalition’s record in dealing with tax avoidance
 

HMRC figures show that it is getting tougher on those filing incorrect tax returns, putting greater numbers of people at risk of being named and shamed, says Baker Tilly.

Gideon Sanitt (Macfarlanes) considers the decision in Ingenious Media and when HMRC may be excused from its duty of confidentiality.

The following has been published:

  • updated guidance on general betting duty, pool betting duty and remote gaming duty; and
  • updated VAT MOSS guidance.

The number of requests for information on taxpayers that HMRC has sent to foreign governments to help with its investigations into UK tax evasion totalled 490 in 2013, says Pinsent Masons, the international law firm.

Finance Bill 2015 was published on Tuesday 24 March. The Bill contains 127 clauses, 21 Schedules and runs to 340 pages.

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