The guidance was reissued on 20 February 2014 and applies from 4 November 2013. It has been updated to reflect legislative changes, in particular in relation to the employment and confidentiality hallmarks and the extension of DOTAS to the new annual tax on enveloped dwellings (ATED).
The First-tier Tribunal has quashed a disclosed tax avoidance scheme which sought to generate significant losses.
Marketed loss scheme
Jane McCormick asks the fundamental question: would the provision of additional tax data solve the issue of perceived tax avoidance by multinationals?
Tax reliefs are to come under scrutiny from the Public Accounts Committee, as its chairperson Margaret Hodge continues to defy critics. Andrew Goodall reports
Heather Self reflects on the relauched 'fair tax mark', and asks whether it is now time for a kitemark for responsible tax advisers.
Following positive responses to consultation, the government is to go ahead with plans to increase the maximum amount of tax debts that HMRC can collect through an individual’s PAYE tax code up to a maximum of £17,000, based on a graduated scale of earnings between £30,000 and £90,000.
An HMRC issue briefing explains that a new service will involve identifying taxpayers who need extra help and then offering them the support that suits them best.
Paul Radcliffe comments on the forthcoming global FATCA-like regime.
Application for costs