Corporation tax is not a voluntary tax and it is not easy to avoid tax in the UK, heads of tax at GSK, BP and Reed Elsevier have told the House of Lords economic affairs committee’s inquiry into taxing corporations in a global economy.
HMRC published new guidance on 8 May to help taxpayers decide whether they are resident in the UK.
The Queen’s Speech on 8 May confirmed that the government will introduce a National Insurance Contributions Bill to provide for a £2,000 “employment allowance” from April 2014, extend the general anti-abuse rule to NICs, prevent the use of offshore employment payroll intermediaries to avoid emplo
David Cameron has called for a “new mechanism” to track where multinationals make their profits and where they pay their taxes, as the UK government comes under increasing pressure to tackle tax havens.
‘The problem is on the UK’s doorstep’ says ActionAid while tax professionals challenge charity's definition of a tax haven
The House of Lords economic affairs committee inquiry into taxing corporations in a global economy will hear evidence tomorrow from tax directors at GSK, BP and Reed Elsevier, as well as heads of tax at some of the major professional bodies.
The G8 should establish the architecture for a multilateral regime that “tackles unethical tax avoidance” and closes down tax evasion, the Africa Progress Panel recommended on Friday.
The Finance Bill has been carried over to the new session of parliament.
Miles Dean comments on recent debate concerning Google’s tax affairs
Mike Lewis, tax justice policy adviser at ActionAid, argues that investors have a central role to play in generating a new approach to tax