Danny Alexander, the chief secretary to the Treasury, has announced that the government is to legislate against tax avoidance by partnerships and individuals in transactions involving compensating adjustments derived from the transfer pricing rules.
Power to obtain information
Requirement for online VAT returns
Special relief
Alan Sinyor considers the recent tribunal decision in University of Cambridge concerning VAT recovery in relation to investment activity
‘Big brother’ concerns are misplaced, says Tim Buckingham of Eversheds via Lexis®PSL Financial Services
The following draft Orders in Council have been laid before the House of Commons for approval:
HMRC has published Revenue & Customs Brief 28/2013, setting out its policy on withholding repayment claims in avoidance cases.
HMRC is challenging arrangements used by contractors and other professionals to avoid tax by entering into a contract of employment with an offshore employer, while providing their services in the UK.
The Tax Justice Network has written to chief executives of FTSE 100 listed companies, drawing attention to a legal opinion which says that company directors have no fiduciary duty to avoid tax.