Is George Osborne losing the battle to reduce Britain’s gaping budget deficit? Not yet, but the latest figures are far from encouraging, as David Smith reports.
Mutual assistance between HMRC & South Africa Revenue Service
The Working Together post working group is running a pilot exercise to encourage the use of ‘signpost headings’ in agents’ letters to HMRC on self assessment and PAYE issues.
HMRC is proposing to combine its bi-monthly updates for tax agents by incorporating Working Together material into the Agent Update.
HMRC has paid more than £1m to informants in the last three financial years.
David Gauke’s comments last week highlighted the fact that ‘not all tax losses are down to contrived avoidance schemes used by the wealthy’
People engaging in tax avoidance schemes that might be considered abusive will be challenged by the tax authorities, will receive little sympathy in court and may be vulnerable to widespread adverse publicity, the Society of Trust and Estate Practitioners warned as it unveiled a five-point ‘progr
Finance Act 2012 is now available on the National Archives website. It has 229 sections and 39 schedules, and the PDF version has 703 pages.