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TAX POLICY ADMINISTRATION


Exchequer secretary to the Treasury, David Gauke, spoke at HMRC’s stakeholder conference on compliance on 7 November.

The Financial Times (4 November 2013) reported that the highest numbers of HMRC staff in four years have quit ‘following relentless pressure from ministers to cut costs and improve performance.’ According to figures provided by accountancy firm UHY Hacker Young, a total of 1,697 staff le

Postponement of tax pending closure of enquiry

Reasonable excuse: reliance on accountant

Reasonable excuse for late submission of return

William Watson welcomes HMRC’s latest attempt to resolve the tax issues arising where debt is subject to non-standard terms as to the payment of the principal and/or interest, but says there is further work to do.

Kate Alexander compares the intellectual property regimes in other EU member states to that of the UK’s, and analyses the potential challenges to the UK patent box regime and their impact.

Richard Carson comments on the Upper Tribunal decision in HMRC v Lloyds TSB Equipment Leasing on a targeted anti-avoidance rule.

Paul Radcliffe on the news that the OECD is developing a model competent authority agreement

HMRC has published a new spotlight about an employee bonuses tax avoidance scheme involving restricted securities.

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