As part of the measures announced in last week’s government spending review, HMRC is to ‘deliver more than £130m of efficiency savings in 2015/16 through improved productivity and further digital transformation,’ according to the HM Treasury document Spending Round 2013.
On 26 June, the government tabled the following amendments and new clauses to Finance Bill 2013.
MPs debated the issue of multinational companies and UK corporation tax last week in a debate scheduled by the Backbench Business Committee.
Negotiated settlement: further investigation by HMRC
Partnership applying for information to be omitted for judgment
The Jersey government has published an ‘action plan to prevent the misuse of legal persons and legal arrangements,’ which adds to its existing information on beneficial ownership and systems for tackling tax evasion and fraud.
Jonathan Levy and Nigel Brook consider the need to remain alive to the professional duties owed to clients
Mike Lane warns of further potential uncertainty
The practical difficulties may be harder than expected to deal with, claims James Coward
Cadbury: ‘Cadbury, the British confectionery maker that became a cause célèbre for tax justice campaigners after it was acquired by US food group Kraft in 2010, engaged in aggressive tax avoidance schemes before the takeover that were designed to slash its UK tax bill by more tha