A new crackdown on tax evasion will make information on all credit and debit card payments to UK businesses available to HMRC for the first time. Legislation was introduced in FA 2013 s 228 allowing HMRC access to merchant acquirer data, and came into effect on 1 September 2013 (SI 2013/1811).
HMRC has published its Business Plan update for 2013/14, in which it restates its determination to clamp down on tax avoidance and evasion, using new technology, a ‘raft of new campaigns and taskforces’ and legislation aimed both at tax avoiders and scheme promoters, writes Dawn Register.
Who could be caught by reform proposals on ‘high-risk promoters’? Jonathan Levy considers the likely impact of HMRC’s latest consultation.
Ben Roberts (RPC) compares s 75A with the GAAR, in light of the recent decision in Project Blue.
Findings from the House of Lords Select Committee on Economic Affairs in its report, Tackling tax avoidance in a global economy: is a new approach needed?
Adam Craggs and Jonathan Levy provide a refresher guide to the rules on HMRC’s internal review process
Kevin Smith and Richard Doran look at the effect on taxpayers challenging HMRC by judicial review
HMRC’s tax assurance commissioner publishes his first annual report on resolving disputes.
Adam Craggs and Jonathan Levy on ability to apply for a direction that the tax department issues a closure notice
Applications are invited from suitably qualified and experienced individuals to be a member of the general anti-abuse rule (GAAR) advisory panel.