Careless inaccuracy in a self-assessment return
Jurisdiction to cancel disproportionate penalties
Late notification of an appeal to the tax tribunal
When considering whether to bring an appeal before the tribunals, reputational risk and taxpayer confidentiality are increasingly likely to be at the forefront of taxpayers’ minds. Liesl Fichardt and Robert Sharpe examine how such risks may be mitigated.
Jason Collins gives his predictions on what to expect from next week’s Autumn Statement.
The exchequer secretary to the Treasury, David Gauke, sets out the government’s three main priorities on tax.
Sjoerd Douma & Bob van der Made, PwC, set out the key proposals.
Loopholes in the Parent-Subsidiary Directive (Council Directive 2011/96/EU) exploited by companies avoiding corporation tax are to be closed as part of a European Commission’s action plan to tackle tax evasion. The proposed reforms to the directive include:
The number of tax avoidance schemes disclosed to HMRC has fallen by more than a third in the past year. According to law firm Pinsent Masons, the number of schemes disclosed is at its lowest point since disclosure of tax avoidance schemes (DOTAS) launched in 2004.
HMRC has announced the development of a new SDRT assessment service.