Information notice; documents in the possession of the taxpayer
Disclosure of documents
Views from tax professionals on some of the points to watch in the draft measures due to be included in this year's Finance Bill.
Sometimes HMRC changes its mind after expressing its view to a taxpayer. But what if its original view represented an agreement? Rupert Shiers identifies practical points surrounding this issue from a recent tribunal decision
Financial services businesses in the Crown dependencies and British overseas territories are subject to a new information reporting regime, following intergovernmental agreements signed with the UK. Jason Collins and Reg Day review what needs to be reported by such businesses in respect of family trusts and private investment companies, in light of new draft guidance
Michael Ripley says there is a ‘glaring lacuna’ for indirect tax appeals
The City of London Law Society Revenue Law Committee and the ICAEW Tax Faculty have both called for a delay in the implementation of the proposed ‘salaried member’ partnership measures which are due to be included in Finance Bill 2014.
In the three months prior to the 31 January filing deadline, taxpayers reported 23,247 phishing emails to HMRC – up 47% on the same period a year earlier.
The Institute for Fiscal Studies (IFS) has warned the three main political parties that their plans for more tax cuts will do little to help the low paid, the Financial Times reported.
Reasonable excuse: genuine belief