Kate Ramm explains how HMRC’s relationship management approach for large businesses is transforming the way that HMRC work, delivering better tax compliance and a more effective resolution of issues
The Finance Bill completed its second reading in the House of Commons on 11 October, after five hours of debate. The Bill’s progress can be followed via www.lexisurl.com/uSCsx.
The ‘threat of recharacterisation’ of transactions where there are no direct comparables is ‘viewed as a significant blocker to corporate activity and growth’, AstraZeneca has claimed.
A senior European Commission official signalled that Ireland may have to increase its business and personal taxes and ‘become a normal tax country’ in order to restore its public finances following the banking crisis, the Financial Times reported on 1 October.
Child Benefit will be withdrawn by 2013 from households containing at least one higher rate taxpayer, the Chancellor announced.
Claire Falkner on the Australian experience of a GAAR
The tax world has changed since 1997. Judith Freedman challenges some of the reasons often given for opposing the introduction of a GAAR
What are your thoughts on a GAAR? 175 of you responded to a recent Tax Journal survey – here are the headline results and a selection of your comments
Richard Clarke and Hannah Foulkes examine the effectiveness of recent HMRC initiatives
The ‘tax gap’ increased to £42 billion in 2008/09, according to HMRC’s latest estimate.