The government has invited comments by 24 February on proposals, announced in the Autumn Statement following an earlier consultation, to require upfront payment where a tax scheme ‘hits avoidance hallmarks’.
The National Audit Office will report in the spring on ‘controls to develop, monitor and evaluate the use of tax reliefs’.
The House of Lords Economic Affairs Finance Bill Sub-committee, whose inquiry is focusing on partnership taxation and tax policy making, heard evidence on 27 January from Judith Freedman, professor of taxation law at the Uni
Time-limits: were claims for repayment of ACT on foreign dividends time barred?
Application to allow appeal out of time
Reasonable excuse and special circumstances explaining late payment of tax
Jolyon Maugham reflects on the new rules for onshore employment intermediaries intended to tackle false self-employment
Richard Asquith considers HMRC’s rethink on the taxation of bitcoins
HMRC has advised traders that it is looking at alternatives to 20% VAT on purchases of Bitcoin, which is regarded as a voucher rather than a currency, the Financial Times reported.
HMRC is to recruit more than 50 digital specialists to a new Digital Centre in the North East of England.