HMRC has updated its published list of former Inland Revenue extra-statutory concessions (Notice IR1) to show those in use as at 6 April 2013. Changes since the last update (dated 1 April 2012) include the removal of:
Kevin Smith and Richard Doran look at the effect on taxpayers challenging HMRC by judicial review
The retrospective legislation is unfair to taxpayers, says Kelly Stricklin-Coutinho
As reported in The Guardian, Irish MPs have voted that multinational companies, such as Apple and Google, which use the Irish tax regime will not be grilled on their tax affairs.
Swiss banks will collect far less in tax from UK account holders than the £3.2bn predicted by the Office for Budget Responsibility (OBR), according to The Times. The tax deal allows UK citizens to pay a one-off levy and regular withholding tax to their Swiss bank.
According to law firm Pinsent Masons, HMRC ‘admits that it loses 60% of the VAT penalty cases appealed by businesses’ and that ‘HMRC dealt with 30,345 appeals from businesses over VAT penalty notices issued during the 2011/12 tax year [with] HMRC’s penalties [being] cancelled in 18,317 of these c
HMRC’s tax assurance commissioner publishes his first annual report on resolving disputes.
Error or mistake relief: salesman claiming to have been employee
The National Audit Office has published its report on HMRC’s 2012/13 accounts. The report details progress by HMRC in stabilising and operating the PAYE service and its progress towards the implementation of its real-time information service.
The International Tax Compliance (United States of America) Regulations, SI 2013/Draft, first published in December 2012 and updated in May 2013, will give effect to the UK/US intergovernmental agreement to implement the US FATCA legislation in the UK.