The meaning of ‘site’ for the aggregate levy
The case of Terrace Hill (Berkeley) Ltd provides a further insight into the distinction between trading and investment.
OUR PICK OF THIS WEEK'S CASES
Setting off losses on a trade succession
OUR PICK
According to HMRC statistics released last week, HMRC recovered £1.1bn tax from transfer pricing enquiries during 2013/14, which HMRC said was double the tax take of the previous year.
HMRC is to run a trial version of its agent online self-serve (AOSS) tool during April 2015. Agent volunteers are invited to sign up for the AOSS trial by 20 March 2015 via an online questionnaire.
Following consultation, the government has now put in place the final set of regulations made under powers in FA 2014 regarding promoters of high risk tax avoidance schemes.
The PAC continued its inquiry over the role of HSBC’s private Swiss bank in facilitating tax avoidance and evasion with a heated two-hour hearing on Monday 9 March.
Richard Jeens (Slaughter and May) gives an overview of the significant changes in the rules governing tax disputes in the last year or two and considers where this leaves taxpayers now, whether as part of active disputes, an M&A transaction or day to day business.
HMRC’s chief executive, Lin Homer, announced last week in a Treasury Select Committee hearing that the French authorities have formally agreed that HMRC can share stolen HSBC Suisse customer account data with other law enforcement agencies and regulators, for the purposes of pursuing criminal off