HMRC has published an ‘e-learning course’ for farmers, developed in conjunction with ‘farming bodies such as the NFU’.
Nyree Craig explains why the UK's basic principle of non-cooperation is now a thing of the past.
Barclays’ tax procedures were ‘robust and sound’, and the bank fully understood the potential damage to its reputation arising from the use of complex structures, Barclays chairman Marcus Agius told the chairman of the Financial Services Authority weeks after the government announced retrospectiv
Macfarlanes announced the appointment of Martin Zetter to a newly created role of Head of Transfer Pricing and Senior Economist in its Tax and Structuring Group. He joins the firm from Ernst & Young, where he was a Director in the financial services transfer pricing group.
‘HMRC has said that more than 1,300 employers will join its real time information pilot (RTI) for PAYE between now and September 2012.
HM Treasury is consulting on a proposal to create Decommissioning Relief Deeds specifying the levels of tax relief that companies will receive on the costs of decommissioning used assets in the North Sea.
HMRC is seeking views on the impact of changing the tax credits appeals process to mirror planned changes to the appeals process at the Department for Work and Pensions.
The draft general anti-abuse rule set out in HMRC’s recent consultation document incorporates all the main principles that Graham Aaronson’s study group considered appropriate for a fair and effective GAAR, Aaronson has said in a letter to David Gauke, Exchequer Secretary.
Tax experts have expressed surprise at the government’s proposal to require taxpayers completing self assessment returns to consider whether any of their tax arrangements were ‘abusive’.
HMRC’s ‘Tax Return Initiative’, aimed at taxpayers who have outstanding self assessment returns for 2009/10 or earlier, has prompted tax professionals to repeat calls for a general disclosure facility open to all taxpayers.