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
Jeanette Zaman and Zoe Andrews write that the recent changes to the partnerships tax rules highlight an increasing trend for loosely drafted, wide-reaching legislation that requires reliance on detailed guidance to identify its actual anti-avoidance targets
Peter Vaines believes that the Court of Appeal has reached the right decision in the Mehjoo case.
The Financial Times reported (30 March 2014) that the UK’s recovery is unusually light in revenues.