The CIOT has published a note of ‘initial points’ raised on behalf of its members in meetings with HMRC and HM Treasury to discuss the June 2012 response document.
CIOT President Patrick Stevens has welcomed approximately 500 members of the IIT who were not already CIOT members, following completion of the merger announced in May.
Tax return initiative brings the tax system into ‘further disrepute’, says Lakshmi Narain
David Wilson sets out issues for advisers to consider this month.
‘Politicians must find the courage to make radical changes to the tax system if they want to protect “squeezed-middle” voters while also promoting growth, according to Paul Johnson, director of the Institute for Fiscal Studies ...
HMRC will monitor the effect of several recent policy initiatives to tackle tax avoidance before considering whether to proceed with measures proposed last year to counter avoidance involving income tax loss reliefs.
HMRC is seeking views on proposed changes to two longstanding anti-avoidance rules that the European Commission considers to be incompatible with EU law.
HMRC invited anyone with information about suspected tax fraud to call its ‘tax evasion hotline’ as it announced that a plumber who pleaded guilty to fraudulent tax evasion – contrary to the Taxes Management Act 1970 – had been jailed for 12 months.
The work of the UK tax profession 'enables citizens to comply with a plethora of statutory obligations'
Institute seeks to put tax avoidance debate 'into context'