Dismissed application for closure notice
Expert insight on one of the most powerful weapons in HMRC's arsenal
HMRC is unable to answer FOI request on the Lagarde list, writes John Barnett (Burges Salmon).
Tony Beare (Slaughter and May) examines the recent eagerly anticipated First-tier Tribunal decision of Next Brand Ltd v HMRC on dividend boosters.
According to Baker Tilly, more than 6,000 tax defaulters were referred to a special HMRC monitoring unit in 2014/15 – a 30% increase on the year before – in a sign that HMRC is getting much tougher on those who deliberately seek to default on their tax liabilities.
City law firm RPC has said there has been a 29% rise in the number of tax investigations into internationally mobile high earners by HMRC in the last year, and that the firm ‘does not expect any let up in HMRC’s investigations of this class of high earners’.
The Bribery Act has laid the foundation for a new criminal offence, which will require corporates to conduct ever greater levels of due diligence, says Jason Collins (Pinsent Masons)
Shiv Mahalingham and Danny Beeton (Duff & Phelps) revisit the legislation, case law and HMRC practice relating to discovery assessments to discover what they will mean for taxpayers
Tax authorities are preparing for new models of international cooperation. Tessa Lorimer (Withers) outlines HMRC’s preparations to date, and the impact these reporting standards will have on its information gathering and enforcement powers
Andrew Goldstone and Helen Manis (Mishcon de Reya) review the latest developments that matter in the private client arena