MPs are set to consider whether to ‘formally call’ for Dave Hartnett to step down as HMRC’s top tax official over his handling of disputes with large companies, The Times has reported.
HMRC has announced the launch of five new task forces to tackle tax evasion by:
‘A controversial tax deal between Goldman Sachs and HM Revenue & Customs, which saw the investment bank agree a settlement that reportedly saved it millions of pounds in interest, could face a challenge in the High Court.
Following a recent HMRC briefing for professional advisers, Aileen Barry reviews the terms of the draft UK/Swiss Agreement, speculates as to how HMRC will interpret it and how the Swiss banks will implement it, and considers what the actual outcome will be
Tax campaigners have called for the ‘immediate cancellation’ of the UK government’s tax agreement with Switzerland. The Tax Justice Network published details of ten ‘escape routes’ in the agreement, which is designed to tackle evasion by British residents using secret Swiss bank acccounts.
HMRC’s top tax official has written to MPs setting out the department’s view of the law surrounding the disclosure of taxpayer information to a Parliamentary committee.
Helen Lethaby reviews the latest developments, including anti-avoidance concerning manufactured overseas dividends.