Evidence of dishonest conduct
Recent media reports about the London mayor’s tax affairs shine a light on the taxation of US citizens living abroad. David Treitel (American Tax Returns Ltd) explains.
Peter Halford (PwC Legal) reviews the decision in Trigg v HMRC, where the FTT held that euro redenomination clauses did not deprive bonds of QCB status.
The past year has caused much uncertainty in terms of the tax tribunal’s approach to procedural errors, such as the late filing of appeals and non-compliance with procedural directions. Taxpayers should pay attention to directions and time limits to ensure that they are met, writes James Bullock (Pinsent Masons).
Insurance premium tax (IPT) has now been in operation in the UK for 20 years. Daniel Lyons and David Fownes (Deloitte) look back at the IPT story so far.
Senior HMRC officials are accused of an ‘orchestrated plot’ to undermine the Public and Commercial Services (PCS) union following the leak of a top-level memo, the PCS said.
The Public Accounts Committee (PAC) released its 18th report of the 2014/15 parliamentary session on Tuesday, titled HMRC’s progress in improving tax compliance and preventing tax avoidance.
Shadow chancellor Ed Balls said that the Labour Party, if elected, would bring in tough new penalties to tackle and deter tax avoidance.
HMRC has publicised its victories at the Court of Appeal against Vocalspruce Ltd, at the Upper Tribunal against Fidex Ltd, and at the First-tier Tribunal against Biffa (Jersey) Ltd, amounting to more than £100m of tax.
Witness summons issued to ex-liquidator