HMRC has launched the latest phase of a three-year advertising campaign to reinforce the message that it is ‘closing in on undeclared income’, the department said in an issue briefing titled Tackling Tax Evasion.
HM Treasury has invited ‘business, charities and members of the public’ to say what they would like to see in the Budget on 19 March. ‘In the interest of open and transparent policy-making, the government welcomes original and innovative ideas,’ the Treasury said.
VAT: time-limit for repayment claim
VAT: reasonable excuse for late payment
VAT: validity of default surcharge when HMRC is holding monies paid by mistake
Gareth Miles and Richard Jeens consider two recent developments that may affect how taxpayers with apparently similar disputes to others decide what course of action to take
The decision of the Upper Tribunal in Eclipse confirmed that the film partnership in that case was not trading. As Chris Bates and Judy Harrison explain, the decision is also important for what it tells us about the Upper Tribunal’s ability to hear appeals.
Helen Lethaby reviews recent developments affecting the City, including draft Finance Bill provisions and recent decisions in Boyle, Eclipse and Versteegh
Liesl Fichardt reports on findings from a recent survey examining industry views on the competitiveness of the UK tax regime, reputational risk, disputes and HMRC practices
Simon Yeo reflects on HMRC’s recent guidance on how the SDLT anti-avoidance in FA 2003 s 75A applies to financing around distributions of property to shareholders