HMRC should be ‘properly’ resourced to enable it ‘track down and deal with schemers and evaders quickly and efficiently’, the President of the Chartered Institute of Taxation said last night.
‘A barrage of regulatory clampdowns and political attacks on the Channel Islands' controversial financial industry has prompted one of Jersey's most senior politicians to call for preparations to be made to break the "thrall of Whitehall" and declare independence from the UK.
Michael Ridsdale, Tax Partner at Wedlake Bell, has been elected National Chairman of the VAT Practitioners Group.
Liz Morgan has joined Parisi Tax as a Legal Director. She was previously with Allen & Overy and Pinsent Masons.
The Public Bill Committee met on 26 June. It agreed amendments to:
The following clauses and schedules were agreed without amendment:
Ordinary taxpayers unable to avoid tax are ‘horrified’ by the behaviour of a wealthy few who are driven by greed to engage in aggressive tax avoidance schemes, a leading tax writer and lecturer has told Tax Journal.
Abusive tax schemes are anti-social, and ‘more riots in the streets’ will not be far away if aggressive tax avoidance is not tackled, a leading tax lawyer has warned.
New PAYE schemes set up after November 2012, and existing employers who become clients of pilot software providers, bureaux or agents, will be able to join the RTI pilot from November 2012, HMRC announced.
HM Treasury is consulting on the proposed design of corporation tax reliefs to help maintain the UK’s status as ‘a world leader at producing animated programmes, high-end television and video games’. The reliefs would be among the most generous in the world, the Treasury said.
The Commons Public Accounts Committee’s review of HMRC will be extended to examine ‘loopholes’ featured in a series of articles published in The Times, which declared in a leading article last Thursday that tax avoidance was ‘a form of cheating’ and ‘a way of playing the system to gain r
HMRC staff were set to strike today in protest against job cuts. Tax offices would be closed, and calls to telephone enquiry lines would go unanswered, the Public and Commercial Services Union (PCS) said last Thursday.