Bermuda’s deputy premier and minister of finance, the Hon. E.T.
Having previously agreed the terms of its intergovernmental agreement (IGA) in substance on 27 May 2014, Barbados became the 47th jurisdiction to officially sign an IGA with the USA for the implementation of FATCA on 17 November 2014.
Examining recent developments for Scotland, Wales and Northern Ireland
Recovery of tax wrongly refunded by way of discovery assessment
40% penalty upheld in the absence of a reasonable excuse
Application for a closure notice
Alternative dispute resolution processes to manage tax disputes have been used by HMRC as ‘business as usual’ for over a year. Peter Nias (Pump Court Tax Chambers) reports
George Bull (Baker Tilly) considers what to expect in the Autumn Statement – the final one before next year’s general election.
Following consultation, the government has revised its proposals for recovery of tax debts direct from taxpayers’ bank accounts, offering safeguards which include a guaranteed face to face visit for every debtor being consid
The National Audit Office (NAO) has published a report finding that many tax reliefs, cost more than expected and are used in ways either not intended by Parliament, or without bringing about the intended behaviour change.