Kevin Nicholson says that introducing sunset clauses could make tax reliefs effective
HMRC has updated COP 9, replacing the November 2012 version.
On 24 June 2014, the IRS published an update to the Foreign Financial Institutions (FFI) Agreement, under which financial institutions report information to the US authorities in place of a withholding tax.
Fine imposed by governing body not deductible
Cathya Djanogly reviews the decision of the High Court in Privacy International on whether HMRC should have disclosed information about an investigation it was carrying out.
Helen Adams provides suggestions on what to do if a client receives an HMRC letter about a low effective rate of tax
The UK has moved from 3rd to 2nd position in the rankings of ten major countries’ tax systems, according to KPMG International in its biennial Competitive alternatives: focus on tax study.
Revenue and Customs Brief 24/2014 announces a change in HMRC’s policy concerning how the ‘special securities’ provisions of the corporation tax distributions rules (CTA 2010 part 23) apply to securities that are subject to the bail-in provisions which form part of the special resolution
Following the announcement (at Budget 2014) that a number of measures would be introduced to simplify the administration of benefits in kind, the government has now launched four consultations, which close on 9 September, on:
On 17 June, a Public Bill Committee completed its consideration of the Bill, agreeing amendments to cll 212, 222 and Sch 28 (accelerated payments in avoidance cases) and cll 242, 244, 251, 266, 270 and 272, and Schs 31 and 32 (promoters of tax avoidance schemes).