HMRC held a patent box stakeholder engagement meeting on 10 April 2014, in light of the continuing review of the EU’s preferential intellectual property (IP) regimes by the EU Code of Conduct Group.
HMRC has published an update on the joint initiative on HMRC service delivery.
According to The Guardian (18 April 2014), Treasury minister David Gauke is overseeing controversial plans to allow HMRC to sell taxpayers’ details to private companies, a move that has been criticised as ‘borderline insane’ by senior Conservative MP David Davis.
Advisers offering unsolicited tax advice can assume a duty of care. Stephen Smith reviews the Mehjoo decision regarding the limits of implied duties
The Law Society Tax Law Committee provides five recommendations on HMRC’s ‘judge and jury’ tax powers
HMRC needs to do more to demonstrate that the revenue protection it claims for the IR35 legislation outweighs the costs it imposes, says the House of Lords Select Committee on Personal Service Companies in a recently published report
HM Treasury has announced that it will introduce a targeted anti-avoidance rule (TAAR) to counter false self-employment arrangements in relation to NIC ‘at the next available legislative opportunity’, with retrospective effect from 6 April 2014.
Draft legislation has been published which is intended to ensure that more of the profits made by offshore contractors in the UK are subject to UK tax.
George Osborne’s Budget measures took attention away from the state of the public finances. There is a long way to go before they are back to health, David Smith writes