Richard Clarke and Jessica McLellan explain why any taxpayer with current cross-border activities should be aware of the new penalty regime for offshore funds
A new partnership with debt collection agencies will ensure that taxpayers who ‘simply refuse to pay’ will be pursued, said Nick Lodge, HMRC Director of Debt Management and Banking.
The draft Tax Avoidance Schemes (Penalty) (Amendment) Regulations 2010 amend SI 2007/3104, which increased from £600 to £5,000 per day the maximum penalties for failure to comply with certain disclosure obligations where the tribunal has made a disclosure order, to prescribe similar increased max
Andrew Goodall reports on the main concerns around the potential introduction of a GAAR
Review of the Budget by James Bullock and Jason Collins
Review of the Budget by Bill Dodwell
Julie Cameron on the implications of HMRC's new toolkits
Your impartial need-to-know guide to the coalition Government's emergency Budget
Jason Collins on HMRC's use of the LSS
Richard Clarke and Jennifer Knowlson examine HMRC's lease premiums initiative