Peter Vaines reflects on Russell Baker, involving an attempt by HMRC to charge tax on a void transaction
Dawn Register comments on HMRC’s Business plan update for 2013/14
HMRC is consulting until 4 October 2013 on new statutory powers to identify publicly ‘high-risk’ promoters and require disclosure of all material provided to prospective users of notifiable schemes, including full analysis of the tax advantage a scheme is designed to obtain.
HMRC seeking to set VAT repayment against income tax liability
Penalties on undeclared restaurant takings
HMRC has published its Business Plan update for 2013/14, in which it restates its determination to clamp down on tax avoidance and evasion, using new technology, a ‘raft of new campaigns and taskforces’ and legislation aimed both at tax avoiders and scheme promoters, writes Dawn Register.
Who could be caught by reform proposals on ‘high-risk promoters’? Jonathan Levy considers the likely impact of HMRC’s latest consultation.
Ben Roberts (RPC) compares s 75A with the GAAR, in light of the recent decision in Project Blue.
The second in a series of special reports on the BRIC countries. Martin Jaycock, Alberto Bertocco and Joyce Palmer-Antunes give an overview of the Brazilian tax regime, and examine the corporate environment, incentives, compliance and cross-border issues.
Pinsent Masons has reported that the number of criminal prosecutions for tax evasions has more than doubled in a year, as HMRC ‘cracks down on middle England’. According to figures obtained by the law firm, there were 617 tax evasion prosecutions in 2012/13, compared with 302 in 2011/12.