Tax avoidance and retrospective legislation
According to research by Thomson Reuters, companies in the FTSE 100 have set aside £1.66bn to cover the cost of tax litigation – a fall of 31% from the £2.39bn set aside for tax litigation purposes by FTSE 100 companies in 2014 – with one company’s tax litigation provisions making up the bulk of
The law and practice on discovery assessments has lost its balance and, along with it, any realistic protection for the taxpayer, writes Peter Vaines.
Expert insight on one of the most powerful weapons in HMRC's arsenal
Does the Supreme Court judgment in Pendragon represent a shift of emphasis? Can offshore schemes of the Newey-type scheme survive? Michael Conlon QC and Rebecca Murray (Temple Tax Chambers) examine the impact of recent case decisions on VAT planning arrangements.
In disputes with HMRC, robust professional witness evidence can be a key factor for taxpayer success. Geoff Lloyd and Yvette Adams (EY) review the rules and lessons from case law.
HMRC is unable to answer FOI request on the Lagarde list, writes John Barnett (Burges Salmon).