Who could be caught by reform proposals on ‘high-risk promoters’? Jonathan Levy considers the likely impact of HMRC’s latest consultation.
The recently published tax assurance commissioner’s report trumpets HMRC’s recent avoidance litigation successes, but with £5bn of new avoidance being added to the tax gap each year, does the department have the right strategy, asks Jason Collins
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?
David Gauke, exchequer secretary to the Treasury, announced that ‘HMRC has topped £1bn this year in court wins against corporate tax avoidance, following a judgment worth almost £88m, involving a company called Vocalspruce and a scheme promoted by PwC’.
Adam Craggs and Jonathan Levy provide a refresher guide to the rules on HMRC’s internal review process
HMRC’s tax assurance commissioner publishes his first annual report on resolving disputes.
The Public Bill Committee has completed its consideration of Finance Bill 2013. Amendments were agreed to cl 219 (international agreements to improve tax compliance), and a new cl 4 (contribution allowances: plant and machinery) was added to the Bill.
The price of an appeal is an important consideration, writes Liesl Fichardt